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Financing your holiday home

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Holiday home ownership
Financing your holiday home

Turn plans into possibilities

Exploring holiday home finance options

If you’ve been wistfully dreaming about owning a holiday home, but keep scratching your head over how to fund this exciting next chapter, don’t worry, you’re not alone. Whether you’re ready to buy or just starting to explore your options, there are a number of flexible ways to help bring your holiday home plans to life.

Cash ready? Let’s get moving

The fast track to holiday home ownership

Got a stash of savings burning a hole in your bank account? If you have the cash all saved up and ready to go, this is the quickest and easiest way to get your holiday home ownership adventure underway. As soon as the funds are transferred to Haulfryn we’ll spring into action. Once all the paperwork is signed and sealed we’ll whisk you off to ownership bliss in a jiffy.

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Little by little

Flexible finance options

If the magic money tree isn’t an option for you, how about spreading the cost? A personal loan from your chosen finance provider could be your golden ticket. Or talk to us about our finance options.

Thinking outside the piggy bank

Tapping into your pension or property

If you are a homeowner you may be able to sneak a hand into the piggy bank of your house by releasing funds through remortgaging. And for those fabulous folks who are over 55, it could be an option to take an early dip into your pension pot to fund the purchase of your holiday home.

The first 25% of your pension can be taken tax free, but you will need to check that your scheme allows you early access to the funds. Should you need to access more than 25% it will be counted towards your annual income, so you just need to be aware that it could push you into a higher tax bracket.

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Before you sign on the dotted line...

Get professional guidance

Whether you are looking at borrowing, remortgaging or pension release as a method of paying for your holiday home we advise that you speak to a financial advisor before making any decisions to ensure that you understand the full implications.