New mortgage application and gambling

amnblog

Levi- wrote: »

They would only be concerned if it was huge amounts regularly, or like hundreds of gambling transactions in a month. They'll be far more interested in the overall picture of your finances, I don't think you have anything to worry about with the amounts you have stated at all.

I do not agree. This is part of the 'overall picture' of your finances.

Waldorf_Statler

If you can't stop at least do it from a different bank account.

Back in the day I used to conduct all such activity via a credit card that dispensed air miles for every pound spent regardless of who the vendor was. You could even credit your account one month and withdraw it the next! The fiendish usurers put paid to that particular rouse but it was good while it lasted.

Nevertheless, the premise remains the same; conduct the dubious activity away from prying eyes.

Wh05apk

Given that very few lenders actually ask for bank statements anyway, this is really unlikely to be a problem, but best to go through a broker to "manage" this and place with the right lender.