FTB Bank Statements

LucyMoose

Hi Everyone,

I'm a first time buyer, I've had my mortgage in principle agreed and have now been told the next step is to have a mortgage advisor come out and look through bank statements, wage splits etc.

The only problem that I can foresee is that my bank statements for the last three months are terrible and I've had no time to "clean them up" as is suggested. I've had a few busy months of paying off a car loan, needing a new laptop and paying for a holiday (saved in previous months for this one, but as they've only asked for 3 months they won't see this). From a money out standpoint it looks pretty bad, however my account balance has never gone below £2500 and I've always ended the month with over £3500 in my account. I've paid all my bills and credit cards on time. On two of the months the money out is slightly more than money in.

Will they be concerned about how much I've spent?

Any advice will be much appreciated.

Thanks!

ACG

You will be fine from what you have said.
The average person does not buy a new laptop or holiday every month.