[oneoff786]

Do they not own the land and building?

[rossriley]

Not any more, the majority are owned by the brewery groups and leased to the landlords.

If you see an independent pub in the UK it will be labelled as a 'Free House' that means it is independent of a brewery and can sell any beers it likes.

[M2Ys4U]

Even pubs that are free of tie don't necessarily own the land/building, they'll lease it from a property company (usually one specialising the hospitality).

[oneoff786]

I would imagine that’s raised prices by a lot then

[astrange]

Traditionally they did but it’s not required. It’s like if you called property managers landlords whether or not they actually are one.

[lmm]

Not necessarily. A pub landlord and a property landlord are completely separate concepts. Of course the same person might be both.