b&b

[ahhdundee]

I wish to purchase a B&B at the cost of �295,000 does anyone know what the loan/ mortgage repayments would be?

[Buenchico]

It's impossible to answer this question without knowing the interest rate and the mortgage term. (You've also not indicated how much you actually need to borrow. You won't get a 100% mortgage, so you need to deduct your deposit from the sale price before calculating the mortgage repayments).

When you've got all of the relevant figures to hand, you can use this calculator to answer your question:
http://www.bbc.co.uk/homes/property/mortgageca lculator.shtml

Chris

[EverClean]

Please remember that if this mortgage is secured on the B&B then you will be paying commercial interest rates, commercial fees and will probably get around 75% of the value of the property at best.