Leisure Mortgages

The Leisure sector contains a wide range of different types of businesses, and covers; sports and leisure facilities, golf clubs, gyms, pubs, clubs, nightclubs, casinos, bars, Bed & Breakfasts, guesthouses, hotels and cafes. We have financed a wide range of different  leisure based businesses, and maintain relationships with lenders who are looking to increase their lending book within this sector.

Typical deposit levels for leisure mortgages will be a minimum of 25 – 30%.

Rates that can be achieved within this sector will vary based upon the strength of your business, and the proposed deal, however, you should expect to pay a rate of Bank Base Rate plus between 2.5 – 4%. Each proposal is carefully evaluated, and underwritten on it’s own criteria and rates quoted above are indicative.

As part of the underwriting process the lender will look at your businesses experience within the sector, and will also expect to receive a detailed business plan providing an overview of the purpose of the loan, and the expected repayment term.

The leisure sector is generally deemed to be higher risk than some other sectors, particularly within an economic downturn. Therefore it is important that you select a professional business partner who can help you to secure the required levels of funding. Our consultants have significant experience within the leisure sector, and we work with a number of lenders which are actively seeking new opportunities in this sector.