Source of deposit: Repayment of Ltd Company Directors Loan

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we accept the repayment of a limited company directors loan as an acceptable source of deposit. For example, Tom has a limited company that he personally put some money into when setting the company up. He now wishes to take that money back out of the company and use it to fund his deposit.

Policy Notes:

This source of deposit is acceptable.

Criteria categories:

• deposits
• Policy

Last updated:

29 August 2018