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The time now is 07/27/08 - 00:25

How to present accounts for mortgage application?


RealCool.BIZ Forum Index -> Finance -> Mortgages & Endowments

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torin
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Joined: 22 Oct 2005
Posts: 19



PostPosted: 08/19/07 - 05:19    Post subject: Reply with quote

Hello online friends! I have had some very good tips from you a while ago, and now I am back for some more! I own and run a small company which is doing reasonably well. I am now at a stage in my life where I am planning to aply for a mortgage for a house. SO far I have been running the accounts of the business all by myself, and I think that everything is in order and I have all the necessary paperwork. As far as I understand I need an accountant to check all of this over, before I can get the mortgage. How to present these accounts for the application?
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nels
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Joined: 30 Nov 2005
Posts: 21



PostPosted: 09/28/07 - 21:27    Post subject: Reply with quote

Providing your accounts are in order and you have not created a financial chaos, you should have no problem. Having the situation of your company accounts drawn up should be neither difficult nor very expensive. The amount of money charged by the accountant does of course depend of the way you have been keeping your books. If there are papers all over the place and things might be missing....That is when it turns into an expensive job!
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RealCool.BIZ Forum Index -> Finance -> Mortgages & Endowments

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