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Stocks and mortgage application

Hi,
I am aware that most banks require 3 months of statements for a mortgage, I earn roughly 2k net per month - clean credit history and solid outgoings (rent council tax phone bills, 200 monthly isa payment etc). and had circa 7k disposable income.. as a one off I decided to invest 2500 in stocks recently.... will this have a negative effect on my application or should I wait for 3 months for it to 'disappear'?

Will they ask to see my investing account statement?

Thanks

Comments

  • ACG
    ACG Posts: 24,859 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    I doubt they will ask to see the statement if you are not using it for the deposit or as evidence of income.

    You might get an anal lender/underwriter but I would say there is a 99% chance that it will result in nothing more than a "what is this transaction" and that being the end of it.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, 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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