Limited Company (SPV) shareholders required to provide personal guarantees

Our standard acceptability

No

Criteria definition:

Indicates if a lender requires shareholders in a 'Special Purpose Vehicle' Limited Company to provide personal guarantees as well as the 'Directors'.

Policy Notes:

Family Building Society does NOT require shareholders that are not directors to provide personal guarantees on SPV Ltd Company applications in addition to the Directors of the company.

Outside Notes:

Warning Notes:

Our maximum LTV is reduced to 55% where a personal guarantee is not being provided.

Criteria categories :
  • Applicant
  • limited company
Criteria topics :

Last updated:

29 August 2018