Bed and breakfast business mortgage policy change
One of the few building societies offering bed and breakfast business mortgages has tightened their lending policy.
The lender updated their criteria to state that they will lend to customers who intend to use their property for bed and breakfast businesses, but only if there are no more than two bedrooms allocated to paying guests.
The lender did not previously have a limit on the amount of bedrooms for bed and breakfast businesses.
If you would like help to secure finance on a bed and breakfast business, call us on 020 7016 0790. Alternatively, you can email us at enquiries@trinityfinancialgroup.co.uk
October 29, 2013
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