So you have the idea, the dream, the passion and the drive to start up and run a fanastic self catering business, how on earth do you fund it and where do you start? Well I guess it depends on your circumstances - are you looking at starting completely from scratch or are you buying an existing business? Both have their advantages. We decided to start from scratch, purely because of my experience and knowledge of the industry and the fact that we wanted to concentrate on a niche market. We started to look at funding our project in 2006 when the mortgage market was quite somewhat different to how it is today sadly. What I will say is get a good deposit behind you, find an excellent mortgage broker, fix the rate for the longest time possible and go for it! Yes it's scarey, yes it's exciting and yes we love what we do! I'll touch on finding the right property and location next time, until then,
Sarah
