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
- £1,500,000
- Loan type
- Residential purchase
- Property type
- House
- Illustrative price
- £2,300,000
- Contribution to price
- £800,000
- Illustrative loan-to-value
- 65.2%
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 overseas-based professional is considering a £2.3 million London home with a proposed £1.5 million mortgage. The £800,000 price contribution is held partly outside the UK. Income is received in a different currency from the proposed sterling mortgage.
The question behind the loan
Residence, nationality, income currency and the intended use of the home need to be explained before a route can be assessed. The deposit amount can move with exchange rates and transfer costs. Substantial assets do not remove the need to establish affordability, source of funds and property suitability.
Information to bring together
- Residence and employment details, income currency and existing commitments.
- The proposed occupancy of the London home and any linked relocation dates.
- A traceable deposit history and the intended transfer timetable.
- The amount of sterling cash required for the price contribution and separate costs.
Where the assessment goes next
Start by checking whether the country and income circumstances can be considered, then reconcile the evidence and timing. Do not exchange money or make binding commitments solely on these fictional figures. This scenario states no country-acceptance rule or available mortgage terms.
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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