Limited Company (SPV) shareholders required to provide personal guarantees
Our standard acceptability
Indicates if we require shareholders in a 'Special Purpose Vehicle' Limited Company to provide personal guarantees as well as the 'Directors'.
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.
Our maximum LTV is reduced to 55% where a personal guarantee is not being provided.
- limited company
29 August 2018