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Buying a B&B in Blackpool

Blackpool has been a go-to holiday destination for people in the North-West of England and indeed to the whole UK for many years. In recent times with the covid pandemic more and more people are choosing to holiday in the UK, a huge number of these domestic tourists wish to go to Blackpool. We are looking at buying a B&B in Blackpool.

Holiday Accommodation

There are a limited number of places to stay in Blackpool:-

  • Hotels
  • Bed and Breakfast
  • Camping
  • Caravanning
  • Caravan Park

Probably the most thought of accommodation in English seaside resorts is the traditional bed and breakfast. In this post we discuss the possibilities and pros and cons of buying a B&B in Blackpool.

Why Buying a B&B in Blackpool is a Good Idea

Running a bed and breakfast is an onerous job, a seven day week, long hours and not usually with much help. On the plus side, you are in a beautiful and vibrant part of the country. You are your own boss. Growing demand for your service as the pandemic encourages people to stay home for holidays.

There are many plus points but it does really have to be someting you want to do.

Selecting A Property

The first thing to do is to look on the commercial property site to see what is available in the area. Zoopla etc. are good places to start. The ideal is near or overlooking the beach easy access to the fair, amusements etc. with parking available and primarily decent accounts. Once you have selected a few it is time to consider how you wish to fund the investment.

Getting Finance

There are hundreds of different organisations to raise money from to buy commercial property. The first step is to see how much you can borrow, this commercial mortgage calculator can help you estimate how much you can raise: https://www.getmemymortgage.co.uk/commercial-mortgage-advice/calculator/. Once you have an idea how much you can afford its time to scour the market to find the best rates and terms Go Compare or GetMeMyMortgage are good places to go to get some quotes.

Making The Purchase

The first thing to do is make offers on your selected properties. Then you can decide which one to go for. Then you need to select a mortgage provider and a solicitor to carry out the necessary checks. With a bit luck it should not be long until you have your new B&B.

Finance Options to Buy Property in England


England is a very popular place to buy property in the UK. It has one of the most dynamic property markets in Europe and homebuyers can enjoy competitive rates. However, it’s important to consider that prices are likely to drop further during the economic downturn, which could mean that you should act now while prices are still low.

The best time to buy property in England is between May and September. This is when property prices are at their cheapest. Some people choose to buy property as a part of a holiday or a second home. While you can get a great deal during this period, it is more important to get in now. By doing so, you can ensure that you save money on your mortgage and that you get the best deal possible.

Another reason that it is better to buy property in England now is because government finance options are easier to obtain. This is due to the Autumn Statement released in January. With this, the UK government relaxed borrowing conditions for mortgage lenders and approved mortgage applications. These options have now opened up to buy property in England. If you can secure finance before the end of February, you could save a lot of money.

If you don’t want to wait and you want to buy property in England as soon as possible then you should try to get finance from your bank as soon as possible. This is because payday loans can offer the cheapest rates of interest. If you can secure finance then you can expect to pay less than 50% interest rates. If you have a good credit rating and an income, then this will reduce the cost. Therefore, if you want to buy property in England, then you should look for a good deal and a low interest loan.

It’s not just the cost of your home that matters. It’s also whether you can afford to buy a home in England or not. Prices are higher here compared to in the rest of the United Kingdom. But if you can afford a home here, then you could get a great deal on your home.

One of the best ways to get finance for your England property is to go on the internet. There are many websites that offer the lowest rates of interest, along with affordable options to buy property. You could save yourself a fortune if you go online for your research.

Business Law in England

In England it works with all sizes and types of businesses. Business Law matters are dealt with by our Commercial and Business Division. We can be relied upon to complete your work efficiently, to advise you as to any associated risks and to advise you on strategies to avoid or manage those risks. We can assist with, although not exclusively, the following.

• Advising on company creation

• Directors’ Service Agreements

• Advising on partnership law and agreements

• Employment contracts and compromise agreements

• Negotiating terms and conditions

• Franchise agreements

• Advising on leases, disputes and variations

• Powers of Attorney

• Website and Business Terms and Conditions

Commercial Property in UK

Whether buying an empty lock-up garage or a going-concern in a shopping centre (and everything in between), our Commercial Property team is here to help. Commercial Property matters are dealt with by our Commercial and Business Division. Together with the practical purchase of commercial property, we will also provide Business Law advice on any matters we deem to be relevant or associated with the transaction. We can help with:

• Advising on company creation

• Directors’ Service Agreements

• Advising on partnership law and agreements

• Employment contracts and compromise agreements

• Negotiating terms and conditions

• Franchise agreements

• Advising on leases, disputes and variations

• Powers of Attorney

• Website and Business Terms and Conditions

Wills and Prohibited Objection in England


A broad array of problem-solving and consulting services , enabling us to help our clients deal with various issues. The responsibilities of Wills, Trusts, Trusts and Estate Administration are handled by our Private Client Division head Phyllis Fiona. We take pride in treating our clients well and responding to their needs with kindness and sensitivity.

We provide these various services:

• Wills

• Probate and administration of estates

• Trusts

• Inheritance Tax advice and estate planning

• Lasting Powers of Attorney

• General Powers of Attorney

• Court of Protection applications

If you have a query, which is not listed above, please contact us.