--- title: When your lender asks for an accountant’s letter description: Doctors seeking home or practice finance need reliable income evidence. Learn what an accountant can confirm and how to prepare before committing. image: https://www.verityadvisory.com.au/hubfs/Closeup%20of%20womans%20hand%20writing%20on%20paper.jpeg --- [Skip to content](https://www.verityadvisory.com.au/insights/home-loans-and-practice-finance-what-an-accountants-letter-can-confirm#main) [![Verity Advisory](https://www.verityadvisory.com.au/hs-fs/hubfs/Brand%20Logo%20etc/2.png?width=120&height=48&name=2.png)](https://www.verityadvisory.com.au/) ☰ Menu Who We Help [GP Contractors](https://www.verityadvisory.com.au/doctors/gp-contractors/) [Practice Buy-ins](https://www.verityadvisory.com.au/doctors/practice-buy-in-advice/) [Dentists](https://www.verityadvisory.com.au/dentists/) Services [Tax Advice & Structure Reviews](https://www.verityadvisory.com.au/what-we-do/tax-advice/) [Medical Practice Accounting](https://www.verityadvisory.com.au/what-we-do/medical-accounting/) [Financial Advice](https://www.verityadvisory.com.au/what-we-do/financial-advice/) [Insights](https://www.verityadvisory.com.au/insights/) [About](https://www.verityadvisory.com.au/about/) [Contact](https://www.verityadvisory.com.au/contact/) [Client portal](https://clients.karbonhq.com/us2/21yyHN8dJMd6/login)[Doctor Financial Scorecard](https://doctor-financial-scorecard.scoreapp.com/) [Insights](https://www.verityadvisory.com.au/insights) › [Borrowing & Property](https://www.verityadvisory.com.au/insights/tag/borrowing-property) # When your lender asks for an accountant’s letter ![](https://www.verityadvisory.com.au/hs-fs/hubfs/72ppi-TommyLi-0016475-top.jpg?width=48&height=48&name=72ppi-TommyLi-0016475-top.jpg) Tommy Li CA · Published 15 October 2026 ![](https://www.verityadvisory.com.au/hs-fs/hubfs/Closeup%20of%20womans%20hand%20writing%20on%20paper.jpeg?width=880&height=587&name=Closeup%20of%20womans%20hand%20writing%20on%20paper.jpeg) In this article When a lender asks for an accountant’s letter, send us the exact request early. Some requests seek historical facts. Others ask for a statement about future income or your ability to repay. The distinction affects what we can responsibly provide. ## Why doctors can face extra questions A move from a hospital salary into contracting, a change in locum arrangements or a practice buy-in can make your latest tax return an incomplete description of your current position. That does not mean a short letter can bridge every evidence gap. Start with what has changed, when it changed and the records that support it. Then establish what the lender needs for the particular application. ## Facts and forecasts are different With your written authority, we can help assemble relevant financial statements, lodged returns, notices of assessment and other supported information. The scope and limitations of any accompanying statement need to be clear. A declaration that you can afford a loan is different from confirming information in those records. Clause 78 of the Banking Code of Practice says subscribing banks will not ask a third party such as an accountant to certify that you can repay the loan. Not every finance provider is covered by that Code. The professional accounting bodies’ guidance also cautions against unsupported certifications of financial viability. If a lender, lessor or agency supplies wording for signature, we need to review the actual wording rather than assume it is routine. ## How Verity can help Verity’s capabilities allow the accounting evidence and finance process to be considered together. We will clarify our role, agree the scope of the work and provide the relevant engagement documents and disclosures. An accounting statement should not be presented as a guarantee of future earnings or repayment. Appropriate lending work is a separate process with its own requirements. ## Prepare before committing to a date For a doctor planning a home purchase or practice acquisition, bring together: - The lender’s request and any proposed declaration. - Your current employment or contracting arrangements and material changes. - Recent financial and tax records, with any outstanding work identified. - Existing debts, proposed borrowing and relevant household or practice commitments. - The contract timetable and any finance conditions for your solicitor to review. Ask early what evidence will be accepted. A deadline created by a signed contract can leave little room to resolve missing information or unsuitable wording. Send Verity the request before you commit. We can clarify what can be supported, what needs further work and how the accounting and lending steps should fit together. ![Tommy Li](https://www.verityadvisory.com.au/hs-fs/hubfs/72ppi-TommyLi-0016475-top.jpg?width=76&height=76&name=72ppi-TommyLi-0016475-top.jpg) Tommy Li CA Founder and Principal Adviser, Verity Advisory · Registered Tax Agent · Authorised Representative No. 1261831 · Member, Chartered Accountants ANZ Tommy is a Chartered Accountant with 20+ years’ experience in accounting. He founded Verity Advisory to give doctors integrated advice at the financial decisions that matter most, bringing tax, borrowing and financial planning into one structured approach. [Connect with Tommy on LinkedIn →](https://www.linkedin.com/in/tommylica/) **General advice warning.** This article is general information and general advice only. It isn’t personal advice and doesn’t take into account your objectives, financial situation or needs, so consider whether it’s appropriate for you before acting. Where a financial product is discussed, obtain and read the relevant Product Disclosure Statement before making a decision. Before you decide A financial decision on your mind? Talk through your situation with Verity and identify what deserves attention before you commit. [Book a 15-minute call](https://www.verityadvisory.com.au/meetings/verityadvisory/15-min-phone-call) Self-check Doctor Financial Scorecard Not ready for a conversation? Take our three-minute self-check to identify financial areas worth reviewing. [Start the Scorecard →](https://doctor-financial-scorecard.scoreapp.com/) Monthly insights One curated email a month Practical insights on the financial decisions facing doctors and dentists. 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