200 £/night
Avg nightly rate (South West)
Region
Holiday let finance in the South West
Cornwall, Devon, Dorset and Somerset form the largest and most valuable holiday-let market in the UK, where coastal cottages and rural lets command premium summer rates and the highest occupancy in the country.
65%
Avg occupancy (South West)
7%
Gross holiday let yield (South West)
25,150
House sales, 12m (tracked towns)
Geographically the largest English region, the South West has the longest coastline of any region at more than 1,130 kilometres and four World Heritage Sites. We arrange the full range of holiday let and serviced accommodation finance across the South West, from the holiday let mortgages and serviced accommodation mortgages that buy and hold a short-let property to the bridging, conversion and development finance behind a refurbishment, a barn conversion or a change-of-use scheme. Short-term-rental market data is published at national and regional level by the Sykes Staycation Index, AirDNA and VisitBritain, so the figures above are attributed to their sources, while the housing-transaction figure is genuinely local Land Registry data for the towns we track.
The South West is the UK's holiday-let heartland, with the highest occupancy of any region near 65 percent and indicative average daily rates around £200, and Sykes reports some of its strongest owner earnings here, comfortably above the UK average (AirDNA and Sykes, 2025). The market is intensely seasonal and capital values are high, so the financing question is usually leverage against premium prices, conversion and refurbishment of coastal stock, and portfolio facilities for established owners. We fund Cornish and Devon coastal cottages, barn and chapel conversions and small aparthotel schemes, and we structure around the council-tax and second-home considerations specific to the region.
What drives the South West holiday let market:
- the UK's premier domestic staycation destination, anchored by Cornwall and the Devon coasts
- extreme seasonal demand with prime weeks booked far ahead
- second-home and holiday-let concentration that has prompted council tax premiums and licensing debate in Cornwall and Devon
Benchmark figures from AirDNA, UK Short-Term Rental Outlook; Sykes Holiday Cottages, Staycation Index 2025. Regional commentary draws on AirDNA (UK Short-Term Rental Outlook, 2025); Sykes Holiday Cottages (Staycation Index, 2025).
Key markets
Holiday let markets in the South West
The principal short-let destinations across the region.
- Cornwall: Newquay, St Ives, Padstow and the Roseland
- north Devon: Croyde, Woolacombe and Ilfracombe
- south Devon and the English Riviera: Salcombe, Dartmouth and Torquay
- Dorset: the Jurassic Coast, Lyme Regis and Poole
- Exmoor and the Somerset coast
- the Isles of Scilly
By county
Holiday let finance by county in the South West
Choose a county for its towns, demand signals and local market profile.
Finance
The finance we arrange in the South West
Holiday let mortgages
We arrange holiday let mortgages for investors buying or refinancing furnished short-let properties across the UK, from coastal cottages to city apartments.
Serviced accommodation mortgages
We arrange finance for serviced accommodation businesses across the UK, from multi-unit short-let blocks to aparthotel-style operations run on commercial lines.
Holiday let & serviced accommodation bridging
We arrange fast, short-term bridging loans for holiday lets and serviced accommodation across the UK: auction buys, conversions, refurbishments and chain breaks.
Holiday let development finance
We arrange funding for ground-up holiday let and aparthotel schemes and for conversions of barns, chapels and commercial buildings into serviced accommodation across the UK.
Holiday let remortgage & refinance
We arrange holiday let remortgages and serviced accommodation refinance across the UK: better terms at maturity, equity released against growing short-let income, and clean moves off a bridge or a residential loan onto a proper holiday let mortgage.
Holiday let portfolio finance
We arrange facility-level funding secured across multiple holiday lets and serviced accommodation units, often held in a limited company, replacing a patchwork of loans with one structure sized on the whole short-let income.
Aparthotel & serviced apartment finance
We arrange commercial finance for larger, operationally run serviced accommodation: aparthotels and serviced apartment blocks sized on trading performance rather than a single short-let income figure.
Funding a holiday let in the South West?
Send us the outline and we will come back with a view on fundability and likely terms.