Does switching money between accounts affect mortgage application?

[Cheeriooos]

Not a very snappy title. Basically we are looking to move soon and will need a new mortgage, we can comfortably afford it on their initial checks but I know that they like to see a few months bank statements and wondered if this habit will be a problem?

It's just how our finances work, basically I transfer a big chunk out of our current account to our savings account at the beginning of the month and then keep track of our spending and transfer some back in smaller chunks if and when necessary with the rest staying in savings longer term. It works for us, we have no debt (mortgage aside) and live comfortably whilst building savings but will the in and out transfers be a problem to the new mortgage company?

I do exactly you the same as you OP, transfer most of my salary to savings and then transfer it back to my current account in chunks when needed.

My mortgage lender was more interested in my income (payslips). Didn't question my bank statements at all.

I've done this for years. I have about 6 separate accounts linked to my current account that I'm constantly shifting money between. Although it is 100% legit my husband often calls me out for it looking dodgy. Didn't affect my initial mortgage application and hasn't affected our recent remortgage-aside from the advisor being a bit confused by the multiple accounts 😂

Not quite the same but I have a current account and then a Monzo. I transfer 75% of salary into Monzo and then further divide it down into pots. The current account is just for standing orders onto our joint account and dds for gym / phone etc.

Recently applied for a credit card with current account provider and got a no even though my credit rating is v good. I had to go through it all with them and it did then get approved.

My son got a mortgage approved this month with Barclays and they didn’t even want to see his bank statements

This sounds absolutely fine OP. Lenders don't care how many accounts you have, as long as they can see a trail. That's if they even ask to see bank statements!

It’ll be fine as others have said. They want to see actual outgoings not just moving to a savings account. They want to check childcare payments, debt payments etc.