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Hotel Mortgages
As part of the leisure industry hotel mortgages are traditionally considered to be of higher risk due to seasonality and in consequence maximum advance tend to be reduced and term of the mortgages to be less flexible.
At Access Commercial Mortgages we treat Hotels in the same way as all or our portfolio with the exception of Hotel mortgages for hotels with more than 20 letting rooms where or normal maximum advance of 85% will be reduced to 80%. Our flexible mortgage terms of 10 years to 30 years apply together with the opportunity of an initial interest only or fixed rate option. Advance can be for any purpose.
Contact us today for a hotel mortgage quote or for friendly financial help
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