accounting and financial planning – rectifying a property transaction

Our client, a successful business owner, had purchased a property to knock down and redevelop as a new family home, intending to sell the current family home once the development was complete. She contacted us to arrange the finance, as we’d restructured her business several years earlier and were familiar with its current financing arrangements. We also knew the banks would want detailed cashflow forecasts to show the business could service the loan, given her self-employed status.