For the North Yorkshire village of Church Fenton, securing financial help from the Public Works Loan Board (PWLB) was an essential step towards saving The White Horse pub and taking it into community ownership.
Church Fenton Community Hub was set up on 28th November 2017 to look, primarily, at the feasibility of saving The White Horse. This was following a resolution in November 2017 by Church Fenton Parish Council to ‘submit a formal expression of interest to be considered as a bidder for the White Horse’.
The White Horse had been operating in Church Fenton since 1881, providing catering and restaurant facilities. Sadly, it stopped trading in August 2016, and since that time the community had missed having a pub and restaurant in the heart of this village of about 1,400 people.
Thanks to a small group of determined people, a proactive and forward- thinking Parish Council and support from many of the parishioners of Church Fenton, the pub was purchased by the council using a PWLB facility, approved by the Ministry of Housing, Communities and Local Government.
The process undertaken by the parish council followed the steps outlined in the webinar slideshow and the video from MHCLG.
Extensive consultation was undertaken with the community, clear support was forthcoming and the loan application for £500,000, repayable over 50 years on an annuity basis, was approved.