Our experience in lending to the hospitality industry in the Lake District and other beautiful parts of the UK is invaluable for anybody looking to invest in holiday let or running a guest house.
Our special panel of experts look at how the county’s major industry is coping with the aftermath of the coronavirus lockdown.
Grant Seaton, Senior Business Lending Manager at The Cumberland, discusses the impact of the stamp duty holiday announcement, the market opportunity at present and some considerations for potential investors.
Findings from a national survey commissioned by The Cumberland suggest that the British holiday is here for the long-haul.
Your eligible deposits with Cumberland Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. Any deposits you hold above the limit are unlikely to be covered.