SERVICED ACCOMMODATION
A Serviced Accommodation Mortgage is designed for property investors engaging in short-term rentals or serviced apartments. It supports the purchase or refinancing of properties intended for temporary accommodation. Lenders assess rental income potential, the property's location, and the investor's financial position.
This mortgage facilitates the unique requirements of managing furnished short-term rentals, offering financing solutions tailored to the specific demands of the serviced accommodation sector.
WHAT IS A SERVICED ACCOMMODATION MORTGAGE?
NO UPFRONT FEES
NO BROKER FEES
Key benefits of Serviced Accommodation Mortgages:
PROPERTY FOCUS & USAGE
Designed for short-term rentals
Supports serviced apartments or accommodations
Ideal for property investors in hospitality
LENDER ASSESSMENT CRITERIA
Evaluate rental income potential
Considers property location and condition
Assesses investor's financial position
TAILORED FINANCING SOLUTIONS
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Addresses unique demands of short-term rentals
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Provides solutions for the serviced accommodation sector
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Facilitates purchase or refinancing of properties
Experienced. Trustworthy. Tailored.
Clever Commercial is an award-winning brokerage with over 30 years expertise in providing bespoke property financing solutions. Competitive rates, flexible criteria, and unrivalled service. Build your future - partner with us.
WHY CHOOSE CLEVER COMMERCIAL?
FREQUENTLY ASKED QUESTIONS
What is a Serviced Accommodation mortgage?
It's a mortgage tailored for property investors engaged in short-term rentals or serviced apartments. Designed to meet the hospitality sector's unique demands, it supports purchasing or refinancing properties for temporary accommodation.
How does a lender assess a Portfolio Mortgage?
Lenders evaluate the property's potential rental income, considering location, condition, and demand for short-term accommodations. This assessment helps determine the mortgage terms.
Can Serviced Accommodation mortgages be used for any property?
These mortgages are suitable for properties intended for short-term rentals, such as serviced apartments. Investors in the hospitality sector can use them to finance the purchase or refinancing of such properties.
What benefits does a Serviced Accommodation mortgage offer?
It provides tailored financing solutions for property investors in the hospitality sector. This includes addressing the unique demands of short-term rentals and facilitating purchasing or refinancing properties designed for temporary accommodation.