Disclose all bank accounts with mortgage advisor

[sassyx]

Just that really! My partner and I have separate banks accounts and also a joint account. Our mortgage advisor so far has only asked us to provide our own personal bank statements. Do I need to disclose about our joint one? All our bills come out of our joint account

The first 2 years is every bit as important to a lender as the next 28, if not more, as that is when you owe them the most money. They need to know you can afford the repayments and then some as they are a business, not a charity. Have you seen what happened to interest rates in the past few years?

Christ no, and any that are fiddling the figures should be reported to the regulator they are doing the profession and their customers a huge disservice.

did we learn nothing from 2008 people?! 😅

Completely agree. I work in the sector and that this is still happening is alarming, the hoops we have to go through now on the compliance side is so complex.. just be honest FFS. Please please report bad practice when you see it