Mortgage bank statements

[Nickkkjohnson (Nicholas)]

When you apply for a mortgage, you usually provide 3 months of statements to show your regular spending etc.

How about if every month you have £750 a month (£350x2 into 2 accounts), going into 2 different savings account.

Obviously, when I get a mortgage I couldn’t afford to save this Hence it would stop- would a statement from my savings account be able to prove this and they will ignore it as regular spending?

Thank you.

[nickh]

They won’t see the £750 as committed spending - They’ll see it as savings and it won’t impact your affordability (if I’ve understood your question correctly…).

[anon61087081]

This.

They’ll probably ask about this transaction and that’s about it!