Yes, and the other post -
http://www.immigrationboards.com/uk-tie ... 88534.html
My issue is that I provided similar contract in 2013 and they granted me visa based on that contract in January 2014. They must have changed the rules after that. Otherwise I wouldn't have been granted the visa initially anyway.
Another point I just read up on the T1 Entrepreneurship extension guideline.
iii. Director’s loan
If you have made the investment in the form of a director’s loan, it must be shown in both the relevant set of financial accounts provided and through readily identifiable transactions in the applicant’s business bank statement(s). The statement(s) must clearly show the transfer of this money from you to your business. You must also provide a
legal agreement, between you (in the name that appears on your application for leave) and the company.
This agreement must show:
the terms of the loan;
any interest that is payable;
the period of the loan; and
that the loan is unsecured and subordinated in favour of third-party creditors.
If it is not clear from the information provided that the loan is unsecured and subordinated in favour of third-party creditors, we will not accept the loan for the award of points.
Does the "legal agreement" bit mean it needs to be on a stamp paper or something? Because at present the only Loan Agreement I have is the one I wrote originally and is in the company records.