Are you considering a mortgage and are self-employed or an owner/director of your own company?

This year we have seen an increase in business people contacting us regarding obtaining a mortgage.  So far so good, however the problem is that they have been using an unqualified accountant.   This has only been discovered when the mortgage company rejected their accounts on the basis they had not been prepared by an accountant with Chartered status.  My planning point is therefore if you might try for a mortgage in the near future then check now that your accountant has Chartered status, it will save you wasted time, additional costs and possibly worse than this losing the house you wanted.  The irony of this is that anyone can hold themselves out to be an accountant without qualifications.