Anyone with gambling transactions on bank statement issued mortgage warning
Sports Game · 2024-10-21
Anyone with gambling transactions on bank statement issued mortgage warning
Anyone with gambling transactions on their bank statement have been issued a mortgage warning. Lenders have always been cautious when it comes to approving mortgages, but some brokers have noticed that even the odd gambling transaction is now viewed as a red flag.
Joe Childes, mortgage adviser at Right Choice Mortgages, has told Sky he recently saw banks turning down applications based on gambling transactions on clients’ bank statements, even if just the odd flutter.
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