It is possible to get a holiday let mortgage as a first-time buyer, though lender criteria vary. Some require you to already own a residential property, while others will consider first-time buyers on a case-by-case basis. A larger deposit (typically 25 to 30 per cent) and a credible projection of rental income will strengthen your application. Speaking to a specialist mortgage broker is the best way to identify lenders open to first-time buyer holiday let applications.