We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Could lender request to see statments again ?

fitzykev
fitzykev Posts: 234 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
edited 18 August 2022 at 4:49PM in Mortgages & endowments
Could lender request to see bank statments again after letter of acceptance? 

Comments

  • london21
    london21 Posts: 2,210 Forumite
    1,000 Posts Fourth Anniversary Name Dropper

    Why do you ask?

    Avoid doing anything that can negatively affect your mortgage acceptance before exchange/completion.

    Read the terms and condition of the offer.

  • K_S
    K_S Posts: 6,904 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper
    fitzykev said:
    Could lender request to see bank statments again after letter of acceptance? 
    @fitzykev If you mean mortgage offer by 'letter of acceptance', then the simple answer is yes, they could.

    It's unlikely, especially with mainstream lenders. 

    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. 

    PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.

  • fitzykev
    fitzykev Posts: 234 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    london21 said:

    Why do you ask?

    Avoid doing anything that can negatively affect your mortgage acceptance before exchange/completion.

    Read the terms and condition of the offer.

    I stopped using my account for deposits for betting. Now I have letter of acceptance I have been depositing the odd 5 pounds here and there for bets 
  • kingstreet
    kingstreet Posts: 39,418 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If you require an extension to your mortgage offer, some lenders ask for latest payslip and bank statement to ensure circumstances haven't changed.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    10 Posts Name Dropper
    My advice is do what you were doing money wise up to your initial offer and until you get the keys 
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.6K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.7K Work, Benefits & Business
  • 603.1K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture