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
- £1,350,000
- Loan type
- Residential purchase
- Property type
- House
- Illustrative price
- £1,900,000
- Contribution to price
- £550,000
- Illustrative loan-to-value
- 71.1%
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
A company director and their partner are considering a £1.9 million Fulham house. Their proposed mortgage is £1.35 million, with £550,000 towards the price. They want to preserve separate household and business reserves after the purchase.
The question behind the loan
Company turnover and funds in a business account are not automatically personal income or an available deposit. The brief must distinguish earnings, distributions already received, money retained by the business and other personal commitments. Tax or accounting questions belong with the relevant professional.
Information to bring together
- An explanation of the business and the director’s personal income, with supporting records.
- The partner’s income, household spending and existing finance commitments.
- Where the £550,000 price contribution comes from and which funds remain untouched.
- The house survey, tenure, alteration history and separate transaction-cost budget.
Where the assessment goes next
The assessment should establish a sustainable household borrowing proposal while keeping business cash and personal funds clearly separated. The fictional price and deposit do not establish affordability or eligibility.
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.
About Jack · How site content is prepared · Fees and service details