Self-employed mortgage/Accountant question

matt1234

Hi,

I will have two years worth of completed accounts by the time I apply for a mortgage but my accountant is being really difficult at the moment so I am desperate to change.

He has done my first years accounts and is due to do my second year accounts very soon. My question is whether it would be detrimental to my mortgage application in any way if I were to change accountant at this point?

Many thanks.

WTFH

It won't be detrimental, but you should be going through a broker, not trying to do it yourself (this is experience talking!)

matt1234

WTFH wrote: »

It won't be detrimental, but you should be going through a broker, not trying to do it yourself (this is experience talking!)

Won't banks want to see some consistency/reliability with the accounts?

WTFH

They want to see accurate and verified accounts.

ACG

All theyre bothered about is that the accounts are done by someone qualified. A lot of lenders now request SA302's in place of accounts. You or you accountant can request these from HMRC.

kingstreet

Another vote for SA302s.

A lot easier to manage and no questions over entries in the accounts the lenders don't understand.

amnblog

Remember, you need to keep on side of your current accountant to some degree. A chartered accountant won't pick up your business unless the previous accountant releases you.