25 yrs
Arranging property finance
About us
A holiday let finance arranger on the borrower's side
Led by Matt Lenzie, with 25 years and more than £500 million of UK property finance arranged.
The authority behind the site
Matt Lenzie, Founder & Principal Broker
Matt Lenzie founded Serviced Accommodation Finance after more than 25 years arranging funding for property across the UK. Over that time he has structured and placed more than £500 million of finance, from single holiday let purchases to portfolio refinances and serviced apartment and aparthotel schemes.
Much of that career was spent on the lender's side of the table, which is where the relationships come from. He knows how holiday let, short-term-let, bridging, development and portfolio desks underwrite serviced accommodation, what they will stretch on, and where a deal will stall. That is the difference between an introduction and a funded deal.
Every enquiry is read, structured and taken to market by Matt himself. There is no junior desk and no hand-off. Investors, holiday let owners, portfolio landlords and developers deal directly with the person arranging their finance.
£500m+
Funding arranged
100+
Lender relationships
Direct
Every deal, no hand-off
What we do
We arrange finance for holiday lets and serviced accommodation across the whole journey. We model the facility a deal needs, take it to the lenders most likely to back it, and place the structure that funds the property from purchase or conversion through to a long-term holiday let mortgage. We work across holiday let mortgages, serviced accommodation mortgages, bridging, conversion and development finance, refinance and portfolio facilities for investors, holiday let owners, portfolio landlords and developers UK-wide.
We are an arranger and introducer, not a lender. We work the whole market and are paid by lender commission or an agreed fee, so our incentive sits with the investor, owner or developer rather than any one funder. Much of the lending we arrange for limited companies, investors and business borrowers is unregulated commercial lending; where a transaction would be a regulated mortgage contract, we refer it to an appropriately authorised firm.
Why sector knowledge matters
A coastal holiday cottage let by the week, a city apartment run as serviced accommodation and an aparthotel on commercial terms are underwritten on different tests by different lenders. One turns on projected short-let income and seasonal occupancy. One turns on nightly rates, the platform mix and any short-let planning position. One turns on trading accounts and a commercial valuation. Knowing which lender backs which kind of property, at what leverage and on what terms, is the difference between a deal that funds and one that stalls.
The company
Serviced Accommodation Finance is a trading name of Lenzie Consulting Ltd, registered in England and Wales under company number 08174104. Registered office: Lynch Farm, Kensworth, Dunstable, LU6 3QZ.
Tell us about your deal
Send us the outline and Matt will come back with a view on fundability and likely terms.