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Mortgage and gambling

en0u1209
en0u1209 Posts: 19 Forumite
in Mortgages & endowments
Hi,

I'm looking for some reassurance (hopefully) in relation to a mortgage application. Myself and my partner are moving house and will be applying for 75% LTV mortgage with Natwest.

I've printed out our bank statements and realised we have 2 payments to sky bet on them. One for £5 and one for £15. These are from the grand national and Cheltenham. I'm worried this will affect our approval.

We never enter our overdraft, have no credit cards with balances or any loans and we have savings of 7k.

Anyone know whether it will be an issue.

Thank you in advance.

Comments

  • stator
    stator Posts: 7,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I doubt it but I wouldn't gamble any more. If they asked for more bank statements, say 6 months worth, what sort of gambling would show up?
    Changing the world, one sarcastic comment at a time.
  • en0u1209
    en0u1209 Posts: 19 Forumite
    edited 24 June 2016 at 4:29PM
    Nothing. It's typical that the latest statement I can get for that account covers the period they both fall in. Is not even a regular thing.
  • en0u1209
    en0u1209 Posts: 19 Forumite
    Full mortgage application submitted through our broker now so fingers crossed. As I'm on maternity leave we also have to submit a bank statement from before my maternity commenced. This didn't have any gambling on it so fingers crossed that will go in our favour.
  • David_White
    David_White Posts: 892 Forumite
    Fourth Anniversary 500 Posts Combo Breaker
    Those two transactions won't cause you any issues.
    I am a Mortgage Broker
    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • en0u1209
    en0u1209 Posts: 19 Forumite
    David_White wrote: »
    Those two transactions won't cause you any issues.

    Thank you. I'm a glass half empty type of person and have been stressing ever since I saw them on the statement.
  • David_White
    David_White Posts: 892 Forumite
    Fourth Anniversary 500 Posts Combo Breaker
    Totally understandable, it's a very stressful time.

    The odd bet here and there is completely fine though and what you've done is no different than putting a few pounds on the national lottery each week :)
    I am a Mortgage Broker
    You should note that this site doesn't check my status as a Mortgage Broker, 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.
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