The Mortgage Works - Limited Company criteria roundup
19 March 2025
Intercompany loans
Did you know that we accept intercompany loans as a source of deposit for Limited Company buy to let applications?
We introduced this following intermediary feedback, as part of our commitment to keep expanding our Limited Company range.
Now more flexible
For jointly owned Special Purpose Vehicle's (SPV), it will now be acceptable for the connected company to be owned solely by one of the SPV's shareholders. This is instead of mirroring the structure.
Please be sure to read our updated Limited Company criteria. We've detailed all you need to know before submitting an application using an intercompany loan as a source of deposit.
Purchase of Directors Main Residence
We also accept Limited Company applications where the company:
- is purchasing a property, currently owned and lived in by one of its Directors / Shareholders, and
- will use the property as a Buy to Let
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.
