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
- £825,000
- Loan type
- Residential purchase
- Property type
- House
- Illustrative price
- £1,100,000
- Contribution to price
- £275,000
- Illustrative loan-to-value
- 75.0%
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 household is considering a Richmond house at £1.1 million, with £275,000 towards the price and a proposed £825,000 mortgage. The buyers want to understand the ongoing costs and property investigations before agreeing their final budget.
The question behind the loan
An area name or proximity to the river is not an individual-property flood assessment. The conveyancer’s searches, relevant reports, seller information and the availability and terms of insurance need to be considered for the actual address. These checks sit alongside the survey and household affordability review.
Information to bring together
- The exact address and the property information supplied by the seller.
- Environmental and flood enquiries raised through the conveyancer.
- Insurance terms for the specific property and relevant survey findings.
- Moving costs, income commitments and funds retained after completion.
Where the assessment goes next
Use the property-specific evidence to decide what further questions need resolving. The broad £825,000 loan proposal is not confirmation that an insurer or mortgage provider will accept the property. General mapping is a starting point and does not predict whether an individual house will flood.
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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