Will Ig index (spread betting) and FXCM (Forex trading) entries on my bank statement affect my mortgage application?

Posted on 25 June 2013 by Sheyi


I have Ig index (spread betting) on my bank statement and FXCM (Forex trading), will these have any effect on my mortgage application? Also, can I use my earnings from this as part of my deposit? Thank You. Sheyi.

Sheyi,

Depending on the Loan To Value and the overall conduct of your bank account, I think the answer is yes, these items on your statements could effect your mortgage application.

A lot will also depend on exactly what you do for a living and the rest of the case in general. If you'd like to talk to one of consultants, who can go through your enquiry in more detail, then please let me know and I'll arrange a suitable time for one of them to contact you.

Regards,

Alistair

contact@johncharcol.co.uk

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