The starting figures
| Property price or assumed value | £1,250,000 |
|---|---|
| Loan requested or current balance | £875,000 |
| Contribution to the price | £375,000 |
| Loan-to-value | 70% |
The situation
A professional living in Milan plans to return to the UK and explore a £1.25 million home purchase. They propose a £375,000 contribution and £875,000 borrowing. Their Italian role is ending, a new UK role is expected to start later, and the purchase completion date has not yet been agreed.
Which income will support the loan after the move?
Build a dated timeline for leaving Italy, ending the current job, starting the UK role and occupying the property. Review the signed employment terms and any probation or income gap. Past Italian income and future UK income describe different periods; they should not be counted as simultaneous earnings. Check the actual residence and physical location when the application is considered.
A larger contribution does not settle affordability
£875,000 divided by £1.25 million gives 70% illustrative LTV. That ratio says nothing by itself about the acceptable income, lender country policy or timing of a future-employment assessment. Keep a separate moving and completion-cost budget rather than using the full £375,000 as if every other cost were funded.
What could change the plan?
If the new role or the move is delayed, does the original mortgage plan still fit? Tell the adviser about the change so the evidence and timing can be reconsidered before commitments are made.
Read the Italy preparation guide and sources · Larger mortgage planning · Browse all scenarios
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Prepared for Jack Cousins, 9 November 2026. All people, circumstances, values and exchange rates in this example are invented. No approval, lender attribution or completed transaction is claimed. Eligibility, costs, evidence and the regulated advice process require an individual assessment.