Bank statements

Blade200

Hi, can someone help with my following query on bank statements?

Basically I transfer money between my current and savings account a couple of times a month. This is just to cover unforeseen things I need money for or put some money in my savings at end of month.. So when the lender sees these transfers in and out of my current account to another account (my savings) will they ask to see the statements of the other account even though it's just my savings?

Also is it ok to make notes on your statements going to the lender. For eg I deposited 850 into my current account from PayPal. This was from personal sale of a mac. Is this something they would likely query due to large sum?

Thanks

amnblog

Yes, expect to produce statements for both accounts.

Note on the file are best avoided as they only give the underwriters another question to ask. Your note here wont be an issue, you are allow to use paypal, and to sell a Mac.

Blade200

Thanks for the reply. I'm just worried they would want to see PayPal statements. I use PayPal to deposit money into online bookies when I fancy a flutter.

Blade200

Would a lender ever ask to see PayPal statements if they see a couple of PayPal transactions on your statement?

kingstreet

We've never been asked.

Hundreds of cases a year over ten plus years.