All loans and product fees individually priced - available for purchase or refinance of owner occupied hotels, guest houses or B&Bs
Up to 60% LTV available in mainland England, Scotland & Wales plus islands of Anglesey, Arran, Mull, Skye, Harris & Isle of Wight.
Up to 70% LTV available in our operating area only.
Capital overpayments of 10% per year allowed during any early repayment charge period.
Minimum loan £75,000
Minimum property value £250,000
Maximum term 25 years (C&I) or 10 years (IO)
Maximum 70% LTV for C & I
Maximum 50% LTV for IO
Actual/projected income to provide minimum ICR of 125% and DCR of 100% at pay rate +3%
Background income may be taken into account where minimum ICR/DCR are not met.
We provide mortgages throughout England, Scotland and Wales. Some of our mortgages are only available on properties in our operating area.
Our operating area is Cumbria (CA and LA postcodes), South-West Scotland (DG and TD9), West Northumberland (NE45-49), North Lancashire (PR, FY, LA AND BB1-3 and BB5-7) and North Yorkshire (HG, YO, BD20, BD23-24, DL6-11, LS21-23 and LS29).
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