The Mortgage Works - Limited Company policy enhancement
22 April 2025
We're committed to improving the support we can give your Limited Company buy to let clients. So, from today we have removed the need for all applicants to be Directors.
This means we'll now accept applications where one applicant is only a shareholder (who owns at least 20% of the shares in the company).
See our website for full details.
Intercompany loans
We also accept intercompany loans as a source of deposit for Limited Company buy to let applications.
And we now accept applications where just one shareholder or director solely owns the company lending the funds for the deposit.
Limited Company buy to let pre-application check
We now tell you upfront if a company structure fits our Limited Company lending policy. Meaning you will know this before keying a full application.
Just search for the company and create a case in TMW Online as you do now. Then, run the pre-application check and we'll let you know if you are good to move onto the full application.
