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Mortgage application
dbo1983
Posts: 2 Newbie
Hi guys,
We have a joint account that all my wages are paid into and then have an "Allowance" each month sent to a separate account of £300. When supplying bank statements, would they want to see statements for both accounts or would the joint account suffice?
All seems such a struggle to gain the right information.
We have a joint account that all my wages are paid into and then have an "Allowance" each month sent to a separate account of £300. When supplying bank statements, would they want to see statements for both accounts or would the joint account suffice?
All seems such a struggle to gain the right information.
0
Comments
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Hi guys,
We have a joint account that all my wages are paid into and then have an "Allowance" each month sent to a separate account of £300. When supplying bank statements, would they want to see statements for both accounts or would the joint account suffice?
All seems such a struggle to gain the right information.
Prepare everything, send them what they want.0 -
The lender may possibly wonder what the £300 is used for. If it's above board then no problem. If you are trying to conceal something then the reverse applies. Common sense really.0
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The Lender will probably ask where the £300 is going.
Be prepared to evidence that.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.0
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