Reply To: Curve and mortgage applications

[Andrew.]

Harrier25 wrote:

This is very bad advice too because if you submit bank statements that don’t show your monthly household expenditure, the lender will request the statements from the account where these payments are made from anyway.

It’s not statements anymore, often it’s a full Open Banking data trough (for both mortgages and home rentals). Be prepared 5 years in advance for managing what’s being presented in the Metadata for what’s going through the current account, that you are planning on using to support your home loan application.

Maybe time to start taking the cash into Ladbrokes for your £10 flutter on the Boat Race or the family’s annual bets on the Grand National? Those parking fines and speeding tickets don’t look good either.

There isn’t much Metadata (for now) when you pay by cheque…