Intercompany loans
Did you know that we accept intercompany loans as a source of deposit for Limited Company buy to let applications?
We introduced this following intermediary feedback, as part of our commitment to keep expanding our Limited Company range.
Now more flexible
For jointly owned Special Purpose Vehicle’s (SPV), it will now be acceptable for the connected company to be owned solely by one of the SPV’s shareholders. This is instead of mirroring the structure.
Please be sure to read our updated Limited Company criteria. We’ve detailed all you need to know before submitting an application using an intercompany loan as a source of deposit.
Purchase of Directors Main Residence
We also accept Limited Company applications where the company:
- is purchasing a property, currently owned and lived in by one of its Directors / Shareholders, and
- will use the property as a Buy to Let
Intercompany loans update | Purchase of Directors Main Residence | Limited Company buy to let pre-application check