09/10/2026
If you or someone you know is a first-time buyer your bank statements are a crucial part of evidencing your financial stability to be able to take on a mortgage:
Inside Jokes Avoid adding joke references to transferred money. If you’re splitting a pizza, or booking a holiday, make sure that’s what it says on the account.
Cash Gifting In the lead up to applying for a mortgage, be careful of sudden balance drops even through gifting cash- reassure your lender of your financial stability.
Frequent Flutters An occasional dabble in the lottery shouldn’t spark concern, but large amounts dedicated to gambling may cause concern for your lender.
New job A new job is great! But make sure your new employer provides you with a letter stating your expected salary to avoid any uncertainty surrounding your income.
Deposit Paper Trail If you’ve been gifted your deposit, or a sum towards it, make sure you keep a record of bank accounts it has passed through and where it came from to avoid delays in processing your application.
Get in touch to discuss preparing for your mortgage application 0161 250 1470
YOUR HOME (OR PROPERTY) MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
A FEE MAY BE CHARGED FOR MORTGAGE ADVICE. THE EXACT AMOUNT WILL DEPEND ON YOUR CIRCUMSTANCES.
