Good afternoon everybody.
A client is seeking mortgage borrowing from a well-known high street bank. The borrowing is 70% of the property value.
The bank is asking for financial statements that I previously prepared and submitted to HMRC and Companies House.
I signed the normal disclaimer that accounts were prepared without an audit but that i formed a true and fair view of the figures.
Unusually the Bank is requesting that I sign to each page of the accounts including Balance sheet, Balance sheet notes, profit and loss account and directors report.
I am finding this deeply depressing as I feel that the risk of lending is being transferred to me.
Needless to say the client is harrassing me to sign to each page of the financial statements but I am not interested in this.
Do colleagues think that I am being overly cautious by denying this request?
What do colleagues think that i can attach to my signature to each page so that I am not personally responsible?
Sole Practitioner. Interested in accounts/tax/finance.
Hobbies -trading the markets.
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