Nationwide want to trace deposit money

csgohan4

Sounds fishy, OP is not telling the whole story, troll

Twopints

csgohan4 wrote: »

Sounds fishy, OP is not telling the whole story, troll

Rubbish. Why bother to post such inane tripe?

prosaver

Twopints wrote: »

Rubbish. Why bother to post such inane tripe?

wake up...................................please

davidmcn

AnotherJoe wrote: »

3 months though doesn't seem far back enough either if that's your proposal. If you were a cunning money launderer 3 months is not far back at all.

I would say (as someone who has to comply with these regulations) that 3 months is fine, particularly if you bear in mind that the transaction may well not complete for another 3+ months, and the solicitors will be looking for a paper trail all the way through to completion.

betmunch

Don't you think arguing about whether OP is a troll is feeding it?

If you think troll, ignore. If you don't, add your opinion.

Thrugelmir

garreh wrote: »

I just think that they can logically say he's been working for X years earning on average X amount and based on outgoings has around Z amount of savings.

Nothing logical at all in that statement. For the simple fact that many people do attempt to deceive. Creating a cloud of fog does little to help. As the applicant is either out to commit fraud or totally incompetent in the management of their personal affairs.

Although I have to disagree with your comment in regards to they 'don't employ people to provide free services' -- what would the arrangement fee, interest on the mortgage, admin fee, etc be for then? They *do* make a considerable amount of money from a mortgage application and I believe it's fair for them to have some logistical work if they need to satisfy their obligation for money laundering checks.

My advice is don't involved in running a business as you've a lot to learn.

garreh

Thrugelmir wrote: »

As the applicant is either out to commit fraud or totally incompetent in the management of their personal affairs.

My advice is don't involved in running a business as you've a lot to learn.

Come on. This is completely unnecessary and just shows your arrogance. In this thread you've suggested 1. I "find another lender", 2. That I cannot manage my financial affairs, 3. Allegedly don't run, or can't run, a business. What's that got to do with anything? I'm sure your usually quite helpful going by the amount of posts and thanks you have received , but unfortunately I can't share the same sentiments. I would prefer if you move along from this thread.

garreh

csgohan4 wrote: »

Sounds fishy, OP is not telling the whole story, troll

Lol I take this as a joke. Yes, the rest of the story I'm not telling you guys is my real name is Joaquin Guzman and currently typing all this from my secret underground lair in my Super MAX prison. They believe they have me prisoned, back in fact I'm surveilling everyone else. :rotfl:

Honestly. 10-12 current accounts is possibly excessive. But when your earning 4-5% interest rate on all of them to me it only makes sense. I'm just going to have a bit more work I guess in proving the origin / transaction history on them, which may not be as bad as I think it will be but we'll see.

marksoton

garreh wrote: »

I'm just going to have a bit more work I guess in proving the origin / transaction history on them, which may not be as bad as I think it will be but we'll see.

So ask what they require and then crack on with it. Simple.

jennifernil

garreh wrote: »

Lol I take this as a joke. Yes, the rest of the story I'm not telling you guys is my real name is Joaquin Guzman and currently typing all this from my secret underground lair in my Super MAX prison. They believe they have me prisoned, back in fact I'm surveilling everyone else. :rotfl:

Honestly. 10-12 current accounts is possibly excessive. But when your earning 4-5% interest rate on all of them to me it only makes sense. I'm just going to have a bit more work I guess in proving the origin / transaction history on them, which may not be as bad as I think it will be but we'll see.

Just as well then that we do not require a mortgage, we have a total of 26 current accounts at present! :rotfl:

Plus a few savings accounts.