B&B Commercial Mortgage Lender

Gem7321
Gem7321 MAAT, AAT Licensed Accountant Posts: 1,438
My client is thinking of sectioning off part of their house to become a B&B business (despite me informing them of the CGT implications should they decide to sell which seems to be in the pipeline) but they are struggling to find a mortgage provider who will offer them a commercial mortgage.

Do any of you have any experience with this and can you recommend a lender?

Comments

  • burg
    burg Moderator, FMAAT, AAT Licensed Accountant Posts: 1,441
    commercial mortgages can be hard to obtain.

    Only thing I can recommend is find a good broker and speak with them
    Regards,

    Burg
  • Gem7321
    Gem7321 MAAT, AAT Licensed Accountant Posts: 1,438
    Hi Ian

    Thanks for the reply. They are already using a broker but they are having no luck.
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