Mortgage for Holiday Home

If you were approaching a bank for a 2nd mortgage on a holiday home in Ireland (ltv 50%) would you be subject to btl interest rates ? The property would not be letted just used for weekends etc by the owners . I assume you can’t have 2 PPR’s? Although from what I am making out the husband is staying in the PPR and the wife is moving to the 2nd property . ( asking for a relevant) . Any feedback is appreciated.

Yes, it'd be BTL rates. If they were legally separated it'd be different.

RedOnion said:

Yes, it'd be BTL rates. If they were legally separated it'd be different.

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I suspect it could be going this direction. The husband owned the PPR before they wed and the property is in his sole name . The spouse investigated getting a property in her sole name as a first time buyer and was told this is not possible by a broker . She was not a happy bunny .