Johnny Buckland had been running the Park View B&B in Ballachulish for a few months as a leaseholder and the opportunity arose for him to purchase the freehold and make the property his own.
Johnny recognised the value in using a specialist Finance Broker and decided to contact us at Stewart Hindley & Partners. After some initial discussions it was decided the best way forward was to release some equity he had in another property to help with the deposit for the purchase and to have a commercial mortgage for the rest of the purchase price.
We were able to recommend a residential broker who helped him with his equity release which enabled him to proceed with his commercial mortgage application. During the process the vendor requested regular updates which we provided on a 2 â€“ 4 week basis.
Park View B&B is located in the beautiful Glen Coe area of Scotland which is a stunning area for walkers, skiers and general sightseers. The B&B offers comfortable rooms at reasonable prices and Johnny has a wealth of hill walking and mountaineering experience he is keen to share with you. He is happy to provide general safety advice or a range of walking routes to suit all abilities, staying at Park View gets you a little added value!