SCHEDULE OF SERVICES (999) ACCOUNTANT’S MORTGAGE OR LOAN CERTIFICATE
This schedule should be read alongside your letter of engagement (LoE) and the (300) Standard Terms & Conditions.
This document sets out the basis on which we will complete an Accountant’s Certificate in connection with a mortgage or loan application. This is an additional service, separate from any ongoing compliance work we carry out for you. We are under no obligation to complete a certificate and may decline any request at our discretion.
Our Services
We will complete the Accountant’s Certificate using accurate historical information drawn from the financial statements and tax returns that have already been approved by you. We will not carry out any audit, review or independent verification of that information.
Where estimates or projections are requested, we will only provide these where we consider we have reasonable grounds to do so. In such cases our fee will typically be higher than for a certificate based on historical information only, and all estimates or projections will be provided to the lender with appropriate disclaimers.
If we consider that the lender’s standard form is unclear, or that it asks us to confirm or guarantee that loan repayments will be maintained, we may decline to use that form and instead issue our own certificate. In either case we may attach a covering letter and include such disclaimers as we consider appropriate.
The certificate is prepared solely for the specific lender and purpose identified at the time of request. We accept no liability to any other party who is shown or otherwise gains access to our certificate.
Your Responsibilities
To enable us to carry out this work, you agree to:
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discuss the request with us and obtain our agreement before passing our details to any lender
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confirm the identity of the lender and the purpose of the certificate before work begins
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agree our fee for the work in advance
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accurately communicate to us your own instructions and those of your lender, and notify us promptly if any information previously provided to us becomes incorrect or inaccurate
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confirm your consent for us to share your personal and financial information with the lender, in accordance with our (310) Client Privacy Notice
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have paid our fee in full before we issue the certificate. Where work is complete but our fee remains unpaid, we reserve the right to withhold it.
As part of our normal procedures, we may ask you to provide written confirmation of any oral information and explanations given to us during the course of our work.
Limitation of Liability
Our services are subject to the limitations on our liability set out in your letter of engagement (LoE) and in the (300) Standard Terms & Conditions. These are important provisions and you should read them carefully.