To be eligible for this loan please ensure both You and Your Guarantor can answer 'Yes' the following criteria:
- We consider lending to most client types including those that are employed, self-employed, landlords, property developers, company owners and entrepreneurs who are UK residents.
- We will lend to Individuals as well as Partnerships, LLP’s and Limited Companies as long as we can meet the borrower(s) prior to completion. Acceptable security: Bed & breakfast accommodation, farms and farmhouses, hotels and guest houses, land with planning permissions, light industrial units, lock-up units or garages, offices, residential property, restaurants, retail units, semi-commercial properties, shut-down care homes, shut-down public houses, and warehouses.
- Unacceptable security includes: Amusements parks, casinos, chemical works, contaminated properties, development land without planning permissions, factories built for a specific use, football clubs, golf courses, mobile homes, night clubs, properties owned by charities and clubs, petrol stations and places of worship.
If your answer is 'No' to any of these points you will be declined, and should choose another product or find a different person to act as Guarantor.