The property crash was just the start we needed

Harry Bramer formed his company, Country House Weddings, after being stuck with a Tudor mansion he couldn't sell. Now, the company has four wedding venues and is confident of being able to comfortably ride out the recession.

Harry Bramer, 59, earns £18,000 a year as a local councillor. That kind of salary won't fund a millionaire's lifestyle, but then Bramer, the Conservative member for the ward of Penyard, Herefordshire, doesn't need the money. The amateur property developer made his fortune with Country House Weddings, the £10m-a-year wedding business he set up in 1995. And he owes it all to a disastrous property deal from the late 1980s.

In 1988, Bramer bought and restored Leez Priory, a 450-year-old Tudor mansion in Essex. Then the property crash left him facing a market bereft of buyers. "So he was basically stuck with the property," says his oldest daughter Susy (on the left in our picture), 32, who now runs Country House Weddings with her sister Emily (right), 30, after their father's retirement last year. "All his money was tied up as he wasn't able to sell it, so he had to come up with some business ideas" to stay afloat. "Afternoon teas, Easter egg hunts, film shoots, you name it, just to make money out of it."

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Jody Clarke

Jody studied at the University of Limerick and was a senior writer for MoneyWeek. Jody is experienced in interviewing, for example digging into the lives of an ex-M15 agent and quirky business owners who have made millions. Jody’s other areas of expertise include advice on funds, stocks and house prices.