Put your deal against the criteria themselves — maximum loan to value, minimum cover, and the downside test every facility has to survive before we offer it. Then send it straight to a Relationship Manager.
Your own assumption. We don't quote rates online — this is only used to show you how the cover test works.
Indicative only. This is not a credit decision, involves no credit search, and does not affect your credit file.
Each row is one times cover. The faint fill is 1.92× at the rate you entered; the solid fill is what is left after the stress.
Rental income against interest cost, tested at the stressed rate.
Within published criteria
Your property may be repossessed if you do not keep up repayments on your loan. All lending is subject to status and valuation.
Before we offer, we move two things against you: the rate goes up 200 basis points, and the property is valued 15% lower. What is left has to still clear the published criteria. It is why our terms hold when the market moves, and it is the reason a deal that looks fine at today's numbers can still fall outside.
Measured against property value. Both figures are considered — the published maximum is the day-one criterion, and the downside test is what has to hold if values move.
The loan to value maximum is the easy part. What separates lenders is the income figure the cover ratio is tested against, and how it is arrived at.
The facility is sized on gross development value rather than the site as it stands, and it is released in tranches against a monitoring surveyor’s valuation at each stage. Interest can be rolled up or serviced. Cover is tested on the exit refinance, not on the build period.
The CQC rating sets the appetite before the property is valued at all. Occupancy then converts trading income into maintainable EBITDA — the figure the cover ratio is actually tested against, which is usually well below headline turnover.
Average Daily Rate and occupancy are modelled across the whole season and normalised, so a strong summer does not carry a weak winter. Refurbishment finance is assessed on the trading position the works are expected to produce.
AgenBTL reads the public record continuously — charges and filings, energy certificates, planning consents, care ratings, rateable values, sold prices, and the Land Registry’s own record of who owns which title. By the time you get in touch, the property, the structure and the local market are already understood. The decision is still made by a person; they simply are not starting from a blank page.
Publicly available information only, processed in line with UK GDPR. You can ask us at any time what we hold about you, and ask us to stop contacting you.
Anything that can change on a filing
Registers their publishers release monthly
Cadences are the schedules the platform actually runs on, not the rate its publishers update. A purchase completing this month appears in the Land Registry file next month, whatever we do.
You have already done the hard part. Bring the figures below with you and the first conversation starts from your deal rather than from the beginning.
Change any of these by scrolling back up — this summary follows them.
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Not ready to send it? Ask about the criteria first — eight products, the loan to value each one goes to, and how cover is tested.
Your property may be repossessed if you do not keep up repayments on your loan. All lending is subject to status and valuation.