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
- £1,400,000
- Loan type
- Commercial finance
- Property type
- Commercial premises
- Illustrative price
- £2,200,000
- Contribution to price
- £800,000
- Illustrative loan-to-value
- 63.6%
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 professional-services business is considering buying Southwark offices for £2.2 million with £1.4 million proposed borrowing. It has £800,000 earmarked for the price, with fit-out and relocation funds held separately. The move would overlap with its existing lease.
The question behind the loan
A property purchase can create a period of double occupancy costs. The business needs to map existing lease obligations, the fit-out programme, the move and continued trading. Property ownership and occupation also need to be described clearly if different companies are involved.
Information to bring together
- Business performance, forecast cash flow and existing finance commitments.
- Current lease exit obligations and the cost of any overlap.
- Office title, permitted use, condition, accessibility and fit-out plans.
- Proposed ownership and occupation, professional fees and cash retained for trading.
Where the assessment goes next
The next discussion should test the entire move and borrowing proposal, including a delay to occupation. Any company structure and tax decisions require the business’s legal and accounting advisers. The illustration is not an approval or a recommendation to buy.
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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