---
title: "Pub Mortgages"
description: "Pub commercial mortgages are typically available at 65% to 75% loan-to-value, depending on trading performance, asset quality, and operator experience. For trading pubs, lenders commonly assess affordability using EBITDA-based lending, which can significantly increase borrowing capacity compared to asset-only assessments."
url: "https://mortgagelane.com/guides/commercial-mortgages/pub-mortgages"
site: "Mortgage Lane"
collection: "guides"
date: "2026-08-04"
author: "Written by an adviser at Mortgage Lane"
category: "Mortgage guide"
reviewed: "2026-08-04"
reading_time: "2 min"
byline: "Written by an adviser at Mortgage Lane"
author_credentials: "CeMAP · FCA authorised firm"
language: "en-GB"
robots: "index,follow"
---

# Pub Mortgages

Pub commercial mortgages are typically available at 65% to 75% loan-to-value, depending on trading performance, asset quality, and operator experience. For trading pubs, lenders commonly assess affordability using EBITDA-based lending, which can significantly increase borrowing capacity compared to asset-only assessments.

Pub commercial mortgages are typically available at 65% to 75% loan-to-value, depending on trading performance, asset quality, and operator experience. For trading pubs, lenders commonly assess affordability using EBITDA-based lending, which can significantly increase borrowing capacity compared to asset-only assessments.

[Commercial mortgage](https://mortgagelane.com/definitions?term=commercial-mortgage)

Commercial

An asset-backed loan secured against commercial, semi-commercial or large-scale investment property, assessed on income sustainability, asset risk and valuation methodology rather than personal affordability alone.

[Read the full definition of Commercial mortgage](https://mortgagelane.com/definitions?term=commercial-mortgage)

Back to overview

[Commercial Mortgages](https://mortgagelane.com/mortgages/commercial-mortgages)

Related definitions

[Commercial mortgage](https://mortgagelane.com/definitions#def-commercial-mortgage)

·

[Repayment mortgage](https://mortgagelane.com/definitions#def-repayment-mortgage)

## Pub Mortgages

We assist borrowers with specialist commercial [mortgages for pubs](https://mortgagelane.com/insights/pub-mortgage), supporting the purchase, refinance, refurbishment, or expansion of public houses. [Pub mortgages](https://mortgagelane.com/insights/pub-mortgage) are secured against the property itself and are available to both owner-operators and investors. Because pubs are trading, reputationally sensitive assets, lenders apply more cautious underwriting, which is reflected in pricing and structure.

We help identify the most appropriate [pub mortgage](https://mortgagelane.com/insights/pub-mortgage) solution based on whether the business is trading, the ownership structure, and the long-term strategy for the asset. Well-established, profitable pubs generally attract stronger lender appetite and more competitive terms than newly acquired or non-trading premises.

### Lending Criteria and Affordability

Pub commercial mortgages are typically available at 65% to 75% loan-to-value, depending on trading performance, asset quality, and operator experience. For trading pubs, lenders commonly assess affordability using EBITDA-based lending, which can significantly increase borrowing capacity compared to asset-only assessments.

Where a pub is not currently trading, [pub finance](https://mortgagelane.com/insights/pub-mortgage) may still be available, but underwriting is more conservative and focused on the underlying property, location, refurbishment requirements, and the borrower’s experience.

Both capital repayment and interest-only structures may be available, subject to income strength, lender appetite, and exit strategy.

### Valuation and Risk Considerations

Pub lending typically relies on a commercial valuation, often assessed on a going-concern (MV1) basis for trading pubs, with cross-checks against vacant possession value to manage downside risk. Lenders also consider operating hours, local demand, freehold versus leasehold structure, and reputational exposure when setting terms.

### How We Help

Because pub mortgaglending criteria vary widely, lender selection is critical. We work with high-street, challenger, and specialist commercial lenders, including those willing to consider cases with limited experience, smaller loan sizes, or non-trading pubs.

As a whole-of-market commercial mortgage broker, we manage criteria challenges, valuation approach, and underwriting presentation, helping borrowers secure pub finance that is both realistic and aligned with their commercial objectives.

## Talk it through with an adviser

Speak to a Mortgage Lane adviser about your circumstances and the next steps.

Published: 2026-08-04

Last reviewed: 2026-08-04

Source: https://mortgagelane.com/guides/commercial-mortgages/pub-mortgages