The people, amounts, property and circumstances are invented to explain a borrowing brief. No lender, rate, approval, completion or client outcome is claimed.
- Loan requested
- £1,050,000
- Loan type
- Commercial finance
- Property type
- Commercial premises
- Illustrative price
- £1,650,000
- Contribution to price
- £600,000
- Illustrative loan-to-value
- 63.6%
The price contribution excludes taxes, fees, interest, works and other transaction costs. Those need a separate budget. The ratio illustrates arithmetic, not lending criteria or eligibility.
The borrower’s brief
An investor is considering a £1.65 million commercial property in Chiswick, with £1.05 million proposed borrowing and £600,000 towards the price. A business tenant occupies the property. The intended holding period is long term, but the lease and tenant position need review.
The question behind the loan
Headline rent alone does not show the owner’s net income or risks. Rent payment evidence, lease events, repair obligations, insurance and the cost of a vacant period all affect the brief. The purchaser must understand what they are buying beyond the advertised yield.
Information to bring together
- The full lease, amendments and a schedule of relevant lease dates.
- Evidence of rent received, any arrears and the tenant information available.
- Survey findings, repair responsibilities, insurance and property-use documents.
- Cash reserves for ownership costs, a rent interruption and any works.
Where the assessment goes next
The commercial assessment should use the actual tenancy and ownership costs. A tenant in occupation does not guarantee uninterrupted income or finance availability. Legal interpretation of the lease belongs with the appointed solicitor.
Discuss your own circumstances
A similar loan amount or property type does not mean the same finance is available. Income, commitments, credit history, the property and current terms need an individual assessment. Tell Jack what you want to achieve and any part of the plan that remains uncertain.
Prepared for Jack Cousins, Head of Mortgages at Lockhart Murphy. Updated 10 November 2026.
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