Commercial finance
case study

Freehold secured for pub leaseholder in challenging circumstances


We were asked to research solutions to enable our introducer’s client to purchase the freehold of a pub in Cornwall that they had been leasing. The lease was originally offered with the ‘right to buy’ within the first two years.


The client had very little trading history as they took on the lease in 2019 and, shortly after, were forced to close due to the pandemic and the deadline to purchase the freehold was fast approaching.


Our team of commercial finance experts were able to source a mortgage via a challenger bank who were willing to lender against one year’s full accounts and up-to-date management information. We were able to raise £188,995 on £285,000 so the landlord is now operating the pub as a freeholder, having beaten the right to buy deadline.

This case demonstrates that commercial mortgages are still available post COVID-19, even for industry sectors that have been hardest hit by the pandemic.

Subject to status. Product and criteria availability is subject to change or withdrawal at any time. For intermediaries only.


Term (capital repayment)

Commission paid to introducer