2 Year Fixed Mortgage – 60% LTV
2 Year Fixed Offer
- Initial Rate – 1.23% APR
- 60% Loan To Value (LTV)
- 2 Year Fixed
- £150 CASHBACK
Call NatWest FREE on 0800 158 2934
Compare UK Market Leading Mortgage Deals
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Mortgages for Guest Houses
In some cases, you will need to get a specific type of mortgage to buy a guest house, called a commercial mortgage. This is a mortgage which is designed for property that will be used as a business asset rather than as a private residence, and allows you to buy a property for the specific purpose of using it as a bed and breakfast.
You may find it easier to get a guest house mortgage if you can demonstrate:
- A high deposit – this reduces your risk as a borrower in the eyes of the mortgage lender
- A business plan – if you are starting up a new guest house business, you may need a 12 month cash flow forecast and projected accounts for next 12 months together with a detailed business plan
- Up to date accounts – you may need up to three years’ worth of accounts if you are buying an existing guest house or looking to get a remortgage
- Business acumen – proof of experience of running a successful business may count in your favour
- Good credit history – no outstanding County Court Judgments (CCJs) or bankruptcy to your name
Virgin Mortgage – 2 Year 75% LTV
HSBC – 2 Year Fixed Deal
- Initial Rate – 1.24%
- 75% Loan To Value (LTV)
- 2 Year Fixed
Click here for more details
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RBS Buy to Let Mortgage – 2 Year 60% LTV
RBS – Buy to Let 2 Year Fixed Deal
- Initial Rate – 1.39%
- 60% Loan To Value (LTV)
- 2 Year Fixed
Overall cost for comparison 4.50% APRC
Call RBS FREE on 0800 096 7962