Guest House Business Mortgage with no experience?

Guest House Business Mortgages are available to first time buyers and first time investors, however, loan to values will usually be sub 60% unless the borrower has substantial income. Usually these mortgage products being subject to higher risk lending, will usually lend against a 90 day valuation which assumes the property is being sold within three months. These products also come with higher interest rates, so it is key to aim for a 2 year fixed product if you wish to get a better valuation method and higher loan to value in the near future.