Self-employed? Prepare what banks ask for

Banks usually look more closely at income history when you run your own business. For a self-employed buyer in Abu Dhabi, the request list often includes a trade licence, several months of company and personal bank statements and proof of how long the business has traded; some banks also ask for audited accounts. Gathering these papers takes time, especially when an accountant must prepare them, so start before you choose a home. Ask 2 or 3 banks for their written document lists and compare them side by side. Mark what you already hold, what needs your accountant and what must be requested from abroad. When the right home appears, your application can keep pace with your offer, although the decision still rests with the bank. Prepared by Masterpiece Property.