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Trading/gambling effecting mortgage
Hi!
I'm only 20 and it's unlikely that I'll be applying for a mortgage anytime soon. I sports gamble a few £100 a day and the people that I follow are very consistent and over 2 years I'm up around 20k, profiting in every month I think. I use PayPal to deposit/withdraw money so does not show on card payments. Is it true that as long as you are constantly paying your bills it does not matter what the rest is spent on? Or will it effect my mortgage lending abilities in the future?
Also, I made the mistake of binary trading recently and will never touch it again. I lost 7k of my 20k profit. I'm just worried that they will look at this years down the line?
Thanks!
I'm only 20 and it's unlikely that I'll be applying for a mortgage anytime soon. I sports gamble a few £100 a day and the people that I follow are very consistent and over 2 years I'm up around 20k, profiting in every month I think. I use PayPal to deposit/withdraw money so does not show on card payments. Is it true that as long as you are constantly paying your bills it does not matter what the rest is spent on? Or will it effect my mortgage lending abilities in the future?
Also, I made the mistake of binary trading recently and will never touch it again. I lost 7k of my 20k profit. I'm just worried that they will look at this years down the line?
Thanks!
0
Comments
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We don't need a second topic on the matter.0
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duplicate post https://forums.moneysavingexpert.com/discussion/56150430
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