Gambling transactions on bank statement : Do Gambling Transactions Look Bad on my Bank Statements?

It is not illegal to have gambling transactions on your bank statements and it does not mean you will be declined straightaway for a mortgage.. When a lender is looking at your bank statements, one of the main things that they will look for is gambling transactions, and here's why..

8 Sept 2016 — I've had two cases where debtors lost a great deal of money playing the stock market online, which was basically the same as gambling.. The best way to check which transaction was made is through the amount of the payment. This will be the same in your transaction history and on .... No, winnings aren't income and you won't be penalised.

The exceptions might be: if you DID have over £6,000 and were getting rid of it this ....