Housing associations and betting : affordability checks

Lostsoul13

The last couple months I’ve got a lot of betting on my bank statements will this affect my affordability test? Will they take it into account? 

Marvel1

Unsure but always best to have a seperate bank account for it though, especially for match betting.

theartfullodger

Strange to say but different housing associations have different processes and procedures... (there are around 1,600 in UK I am told). So there's no one simple answer.

If small amounts and you've been making a profit probably OK (will depend on their actual processes)

If large amounts bet and/or you have been making a loss I as a (private) landlord would thank you for your kind interest but bid you goodbye.... 

How much (say per annum)?? Profit or loss ??  How bet ?? (Online, 'phone app, weekly visits to horse tracks, etc etc etc..)

I bet but live in the wife's owned house, own a separate house myself, have several pensions and various other assets... And bet ('phone app) about £200/pa make a small loss p.a. (ten's of ££) .  

Lostsoul13

Mostly 20-100 with profit - mostly betting my profit back - only 300 I’ve netted of own money rest is profit - and loss of profit. I’ve got a separate account but they can see if made deposits to it so will need that account - if I’m not mistaken?? 

Albermarle

Lostsoul13 said:

Mostly 20-100 with profit - mostly betting my profit back - only 300 I’ve netted of own money rest is profit - and loss of profit. I’ve got a separate account but they can see if made deposits to it so will need that account - if I’m not mistaken?? 

It does not sound like you are the kind of gambler that most people would worry about. However it is not clear from your post. If you looked at the annual ins and outs from that specific account, what would it show over 12 months ? A small loss, a small profit. a big loss ( thousands)?