Dirty Secrets
The PSFA are Currently Chasing “Blaggers” Who Got Multiple BBL’s, However, I Can Reveal that the Government, Due to the Complexities of the Interpretation of the Word “Group” in the Guarantee Agreement Which was Causing Confusion to Lenders (and Applicants) They Amended Their Guidance to Lenders Weeks After the Scheme Launched, But Continue to Keep it Secret from Borrowers, Who Therefore May Have Fallen Foul of that Guidance Initially – Here is That Guidance, Revealed for the First Time
Whilst I am sure the Government wouldn’t be so evil as to go after those in a Partnership, LTD Company Directors and Sole Traders who innocently got one BBL for each of their multiple companies or businesses, it is best that you are armed with the facts if they do, and with that in mind here is a document that has never been revealed before to anyone bar the Government and BBL Lenders, which could and would have stopped people, from making an innocent mistake. […]