Pub Mortgage

What will Worldwide do to help me obtain a pub mortgage?

Worldwide’s independent commercial finance advisers will find you the very best pub mortgage deal possible – guaranteed.

All initial consultations are free of charge and obligation. We also provide you with a fee guarantee:

You won’t pay any fees unless we can help you.

You will have a dedicated independent commercial adviser who will listen in detail to your proposal.

Then, using their experience and access to the whole of the marketplace they will search for the best solution for you – whether that is with a high street lender or a niche lender not normally available to the public.

When you are happy with this, your broker will gain an agreement in principle from the lender.

They will then assist you with gathering the information you need and helping you to complete the application process for your pub mortgage.

Throughout the whole pub mortgage application process, you will have at hand the entire Worldwide team of experts should you require any further help with an independent insurance quote, grants, a residential mortgage or any other financial solution.

Call your FT award winning independent financial adviser in confidence now on 0800 0112825 or complete the contact form and your dedicated adviser will contact you.

What do I need to know about applying for a pub mortgage?

There are three really important things you need to know about applying for a pub mortgage – the three things that lenders will take into account for every pub mortgage application:

• Your own ability and experience in the pub trade and in business – previous experience is vitally important

• The loan to value of the mortgage – what the value of the mortgage loan is compared to the value of the business. This is described as a percentage.

• The ability of business to repay the loan each month and at the end of the term.

Is it difficult to obtain a pub mortgage?

Not necessarily. Although some lenders are reluctant to lend to the licensed trade, there are still many willing to do so. What is important to bear in mind is that every application for a pub mortgage is considered individually.

Your independent commercial finance adviser will help you gather all the information and paperwork you need and will present your application to a lender in the best way possible to give you the greatest chance of success.

Our advisers know the criteria and style of presentation for each and every lender.

How much can I borrow with a pub mortgage?

The usual amount you can borrow is 60% of the total purchase price for a freehold pub. If you have a significant amount of experience and a strong business plan it may be possible to increase this to 70%.

With a leasehold pub there is slightly less funding available with the maximum amount of borrowing typically being 50%.

100% funding may be achievable if you have additional security available in the form of freehold assets.

Remember our Fee Guarantee: You won’t pay any fees unless we can help you.

Call your FT award winning independent financial adviser in confidence now on 0800 0112825 or complete the contact form and your dedicated adviser will contact you to see how we can help you.