My client is the director (not shareholder) of a company seeking to remortgage its property. The client asked my firm to provide a reference of their income and assets to the bank.
To my surprise the IFA emailed back after we sent them the reference, demanding a copy of the client's tax returns for the last few years to 'prove the directors' income'. Talking to a friendly IFA I was told that both NatWest and RBoS are apparently asking for copies of tax returns routinely.
Has anyone else come across requests for copy tax returns by banks in practice?