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
- £760,000
- Loan type
- Commercial finance
- Property type
- Mixed-use building
- Illustrative price
- £1,200,000
- Contribution to price
- £440,000
- Illustrative loan-to-value
- 63.3%
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 investor is considering a £1.2 million building in Stoke Newington comprising a ground-floor shop and a flat above. The proposed loan is £760,000, with £440,000 towards the price. The commercial and residential occupancies need to be documented separately.
The question behind the loan
One street address can contain several different legal and income arrangements. The brief must explain access, titles, leases, services, repairs and who occupies each part. Residential use cannot be overlooked simply because the ground floor is commercial.
Information to bring together
- Title plans, the division of accommodation and access to each part.
- Commercial lease and residential tenancy documents, plus rent payment evidence.
- Insurance, repair responsibilities, utility arrangements and any proposed change of use.
- Ownership structure, existing commitments and cash available after purchase costs.
Where the assessment goes next
The adviser and legal team need a complete mixed-use picture before selecting a route. The actual use and occupancy determine the assessment and relevant service scope. Neither the property description nor these invented figures establish eligibility.
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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