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Cs1991
Posts: 4 Newbie
I have just recently purchased a new home. I have gambled £hundreds away of my spare cash as i didn't think i would be purchasing a place for another few years. I have never gone near my overdraft or had to lend money for this, i have also closed my betting accounts down as i no i need this money now for a mortgage. Where will i stand on getting a mortgage??
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Gambling account don't show up on your credit file. As long as you are now saving the money and the mortgage lender can see you can afford the mortgage you will be ok. Stay away from online gambling, I was trapped years ago and forced myself to close all accounts. I now feel free.0
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How have you purchased the home without a mortgage? Cash?Slummy mummy!0
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Ive only just stopped as i no i cant do that anymore do you think i will be ok ?
Ive only gambled as i had hundreds of spare cash as i don't go out drinking, spend money really i just gambled a few hundred a month.0 -
Well i have reserved the plot0
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Many lenders will not like to see lots of gambling transactions on bank statements.
Use a broker to identify the best lender for you and tell him your concerns about the gambling, an experienced broker should easily be able to place thisI am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
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You haven't bought the property if you have only reserved the plot, even if you paid the builder to do it."You were only supposed to blow the bl**dy doors off!!"0
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