Commercial Hub

A Scottish family-run holiday let business is continuing to expand its portfolio thanks to ongoing support from specialist hospitality lenders, The Cumberland.

The Cumberland Building Society has made two new key hires to its commercial team, bringing the team which has a focus on lending to accommodation-led hospitality businesses across the country to a total of 28.

Monachyle Mhor, Mhor 84 and Calair Cottage, a distinguished and award-winning collection of retreats nestled in the picturesque Scottish countryside, has benefitted from more than £1.7m in investment from expert hospitality lenders, The Cumberland Building Society.

The Cumberland has invested more than £45m into Scotland’s tourism sector in the last two years. This support is needed now more than ever, with 52% of Scottish businesses are still in survival mode amid the cost-of-living crisis and rising interest rates.

A brother and sister duo have acquired an 18th century Scottish inn with support from The Cumberland.

What could be the first castle built during King Charles III reign was made possible following a six-figure investment from The Cumberland Building Society.

Carlowrie Castle, an award-winning Scottish castle located on the outskirts of Edinburgh which recently received £3.4million in investment from The Cumberland Building Society, is undertaking a series of improvements to its services and facilities.

No.26 by the Sea, a boutique hotel in the West Highlands coastal town of Oban, which recently received investment from The Cumberland Building Society, has been named as one of the top 25 hotels to visit in the world by TripAdvisor. It is the only UK hotel to be named on the prestigious list.