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| *Loan,banking and credit>>>mortgage loan |
Will personal guarantee given for LTD company effect application for personal mortgage or loan? |
Will personal guarantee given for LTD company effect application for personal mortgage or loan? Unlikely to, no. Didn't in my case anyway. It simply provides the bank with an option to come after you and your assets if the company fails with money owing. If they're wanting to take a charge over assets you may have such as your home then then it may become a different issue. It shouldn't do. Have you thought about removing your liability for the company is becoming a limited liability partnership a possibility. |
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