EU citizens are acceptable, providing they have two years of UK residential address history and must provide valid evidence that a settled status has been granted under the EU Settlement Scheme. A pre-settled status can be considered, where there is more than one applicant and at least one applicant has either a settled status or …
Residential status
We require two years of UK residential address history. Related words: residency, nationality, expat, foreign national
Directors/shareholders
Maximum four qualifying directors/shareholders, none of which may be another limited company. The application will be assessed on the strength of the directors/shareholders as if they are applying for lending facilities on a personal basis. Therefore, personal credit searches will be conducted against each director/shareholder. Related words: corporate, limited company, ltd company
Guarantees
In all applications, personal guarantees and additional forms of guarantees, where deemed acceptable, will be required from all directors and/or shareholders party to the application. Related words: Corporate, limited company, ltd company
Company location
Business must have a UK registered address and must operate entirely within the UK. Related words: residency, headquarters, hq
Acceptable company types
Registered Limited Companies including those set up with the specific purpose of buying property (SPVs). Related words: special purpose vehicle
Insolvency
Not accepted. Related words: unacceptable adverse
Winding-up petitions
Not accepted. Related words: unacceptable adverse
