Would you buy a property with a spouse if they refuse to show you a bank statement when you ask?

[Martacus]

Would you buy a property with a spouse if they refuse to show you a bank statement when you ask them (to see exact savings and salary)?

If they refuse, would you just take their word for it and trust them?

Or would you demand to see evidence?

And what would you do if they still refuse?

In your situation you are about to borrow a large sum of money for a house with your husband. If he does not want to show this I feel that he could be online gambling which can be a red flag for mortgage lending or has a loan/debit you are not aware of.
Also you will be both asked for at least 6 months bank statements and they will pull credit reports so borrowings will be on this
You both need to know what the other earns and spending habits to ensure you can afford to buy this house or is it better to buy a cheaper house.

I would assume he is making more money than he told you he made - if he told you at all.

No way!

Run

They would have to show the bank/financial people for the mortgage I presume?

If you don't trust they're telling you the truth, and they don't trust you enough to show you, then no. I wouldn't. Clearly there's a lack of trust in your relationship.

Thanks so much everyone for the replies.

And it a big NO from me

Nope!

This is someone who is presumably happy to disclose their income and savings to strangers (the EA, mortgage co, solicitor) but not to the person they have made marriage vows with? Have chosen lifelong partnership as a team, bound by love?

Nah.

He will have to show bank statements to the mortgage lender ...

...that would be interesting if you made a point of saying you aren't being allowed to see them.

Not sure I'd consider you a safe bet to lend to.

No i wouldn't buy with them. It makes no sense seeing as how they will be showing the mortgage lender and solicitors. What is he hiding?

I would also be re thinking my marriage too.

Have you asked your DP why they don't trust you enough to share their statements? I'd wonder what they're hiding from you - have they lied about how much they earn, or do they have regular outgoings you know nothing about (gambling, drugs, websites, CCJ)?

My DBs xDP refused to share finances and told all and sundry that they were so financially astute and earned so much that they could afford to retire at 50 😂

When they went together to apply for a mortgage the mortgage advisor noticed monthly payments going out and uncovered the mess (including CCJ from a failed business) that she'd failed to mention! Lies and the ensuing lack of trust were some of the many reasons she's now an ex!!

He might be against buying an expensive house of your dreams. He might have a gambling problem. Or it might be one off purchase he doesn't want you to know about. You are essentially borrowing money from a bank. Banks are very good at assessing financial risks. If your husband is a financial risk you will know soon enough when your application is rejected.

Not a chance.

He is hiding something