Hospitality mortgage service for brokers
Hospitality Mortgages
All loans and product fees individually priced - available for purchase or refinance of owner occupied hotels, guest houses or B&Bs.
| Lending area | Up to 50% LTV available in mainland England, Scotland & Wales plus islands of Anglesey, Arran, Mull, Skye, Harris & Isle of Wight. Up to 60% LTV available in our operating area only. (Please see the map at the bottom of the page for details of our operating area.) |
| Capital overpayments | Capital overpayments of 10% per year allowed during any early repayment charge period. |
| Loan Size | Minimum loan £75,000 Minimum property value £250,000 |
| Term | Maximum term 25 years (C&I) or 10 years (IO) |
| Maximum LTV | Maximum 60% LTV for C & I Maximum 50% LTV for IO |
| Income criteria | ICR and DCR calculations will be carried out. Projected income can be included. Background income may be taken into account where minimum ICR/DCR are not met. |
