Available to both Individual and Limited Companies / LLP applicants. Only available on CHL 2 range. Related words: STL, holiday let, serviced apartment, Ltd Co
Holiday Letting
Defined as a short term let. Acceptable where the Valuer confirms: the security property is suitable for occupation under an assured shorthold tenancy including any restrictive lease covenants (AST will not be required); the ICR calculation fits on the market rent based on an AST; and there is demand for the property from both owner …
Serviced Apartments
Defined as a short term let. Acceptable where the Valuer confirms: the security property is suitable for occupation under an assured shorthold tenancy including any restrictive lease covenants (AST will not be required); the ICR calculation fits on the market rent based on an AST; and there is demand for the property from both owner …
