Jump to content

Help! "Director’s board resolution approving terms of the lender’s offer..."


Recommended Posts

Hi Hubbers!

I hope everyone is well?

I'm in the process of buying a property through a Ltd I have setup. 

Mortgage offer came in recently (yay!), so it is with the solicitor. They have requested the below.


director’s board resolution approving terms of the lender’s offer and the execution and performance of the mortgage deed

Is there a template or resource someone could point me to? 

Thanks in advance!

Link to post

Hi Kalok

Your solicitor should be able to confirm what's required, but my understanding is some typed up minutes of a 'board meeting' would be sufficient.

You can Google what needs to be in them, but the standard company name, address, date of meeting, and then confirmation that it accepts the terms of the mortgage offer dated XX April 2021 from XYZ Lender, signed and dated by the directors of your limited company.

Personal Blog: https://abcdad.co.uk
Property Spreadsheet and Deal Analyser: https://abcdad.co.uk/property-spreadsheet
Looking to read some Property books? https://abcdad.co.uk/books/property-books
Follow on Instagram: @abc.dad

Link to post

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...