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Morgage brokers- bank statements please help
LadyEE123
Posts: 18 Forumite
Hello,
Once I have submitted my bank statements to my morgage broker do they send these onto the banks for a remortgage or do they just keep them on file? I have a few gambling transactions and worried it will go against me.
Once I have submitted my bank statements to my morgage broker do they send these onto the banks for a remortgage or do they just keep them on file? I have a few gambling transactions and worried it will go against me.
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Comments
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It varies from lender to lender. Some want them, some don't.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.0
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Do gambling transactions go against you?0
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Again, it varies from lender to lender. It depends on the amount and frequency. Two or three small bets each month is unlikely to be an issue for most lenders. Hundreds of pounds and daily transactions probably will be.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.1
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I played online bingo and it wasn’t an issue, but also not huge amounts, £10-£20 here and there.Ask your broker if they think it will be an issue?0
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Don't worry about it. If the broker has done their job properly, they will have seen the gambling transactions and recommended a bank that will not kick it out because of that.
If they felt it was problem gambling, they would have asked you about it.0
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