Tag: B&B

The pitfalls of trading a B&B on a residential mortgage

Posted on by Carol Jones

Opening your own B&B is a life-changing experience, one that can be a dream come true. Providing you observe the rules around trading, that is. One of the most common and most costly mistakes made by new-to-trade owners is operating on a residential mortgage when they should have a commercial mortgage for their B&B. It’s something we’ve seen and dealt with frequently; a pitfall which can put people in a very difficult situation.

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How to finance a bed and breakfast: your questions answered

Posted on by Carol Jones

Owning a bed and breakfast is one of the most commonly held life goals; the dream of those who long for a better quality of life and the chance to be their own boss. Who could want for more?

Securing the mortgage for a B&B purchase is rarely easy, but it’s certainly not impossible – our case studies are proof of that. If you’ve been asking yourself: “How do I finance a B&B?”, the following insight might help.

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Why owning a B&B can be a dream come true

Posted on by Carol Jones

Fed up with your stressful city job? Approaching or beginning your retirement? Or maybe you’re just a dreamer who wants to ditch the day job and start working for yourself? Well, if this sounds like you, then you’re far from being alone and as such, you might be interested to learn that there’s one route which increasing numbers of people are opting for: buying their own bed and breakfast.

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