The starting figures
| Property price or assumed value | £1,000,000 |
|---|---|
| Loan requested or current balance | £700,000 |
| Contribution to the price | £300,000 |
| Loan-to-value | 70% |
The situation
A business owner living in Portugal is considering a £1 million UK property with a £700,000 mortgage request. The price contribution would be £300,000 before purchase costs. They have £200,000 equivalent in personal savings and point to another £100,000 held by their company. The company money has not been distributed to them.
Separate the deposit gap from the income assessment
Confirm the residence and intended ownership route first. Review personal income, IRS evidence and company accounts as distinct records. Ask the accountant and legal adviser whether any proposed extraction is lawful, what tax or other costs arise and when funds could become available. A lender decides what evidence and source it can accept.
The budget has not yet reached £300,000
The £300,000 contribution less £200,000 of personal savings leaves a £100,000 gap before legal costs, purchase tax, mortgage fees and reserves. Company ownership of another £100,000 does not by itself close that gap. The illustrative 70% LTV is a calculation, not a lender offer or confirmation that £700,000 is affordable.
What could change the plan?
Would the plan still work if the company money could not be extracted on time, or the net amount were lower? Resolve the funding source before presenting a fully funded deposit.
Read the Portugal preparation guide and sources · Larger mortgage planning · Browse all scenarios
Discuss your own circumstances ↗
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.