property ownership issue

property ownership issue

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Recently met with a new client who had setup a company a couple of years ago in case he wished to buy a property through it.

Looking through the accounts I note that the previous accountant has the property in the balance sheet as well as a DLA for the same amount, even though the client insists that he owns it personally.

Does anyone see a problem with this, given that the stated accounts show a different ownnership than the deeds?

I would add that the client is not sure he wants it owned by the company and just left it up to the previous accountant.

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By pauld
01st May 2014 15:52

Proof

I would want to see proof of whether the property is owned personally or by the company as I would be inclined to trust the previous accountant rather than a new client.

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By neileg
01st May 2014 15:58

£3

It costs £3 to check with the Land Registry.

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blue sheep
By NH
01st May 2014 16:12

presuming the client is correct

and presuming that the client is correct?

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