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Mortgage for closed pub

we are applying for change of use on a public house, wondering if you can get a residential mortgage prior to change of use it the business is closed.

Comments

  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 22 June 2020 at 11:29AM
    Not only will you not get it before planning is granted, you won't get it before it's actually been converted into a residential property. If you need to borrow at an earlier stage then you'll need to look at some form of development financing.
  • Cheers, already got a business mortgage, just looking at cost cutting options.
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