At IM Mortgage Consultancy Limited, we totally get it—handing over your bank statements can feel a bit awkward. But don’t worry, we’re not here to judge your coffee habit or that late-night Amazon spree. We ask for your bank statements simply because they help us give you the best possible mortgage advice.
Lenders need to see a clear picture of your financial situation to make sure the mortgage you’re applying for is affordable and sustainable. Your bank statements show your income—whether it’s from a salary, self-employment, benefits, or a bit of everything—as well as your regular spending like bills, subscriptions, and everyday expenses. By checking these early on, we can spot anything a lender might question and get ahead of it, making the whole process much smoother for you.
Usually, we’ll need your most recent three months of statements for your main current account and any other relevant accounts. It might sound like a lot, but trust us—it’s all part of getting you mortgage-ready.
What’s the Difference Between a Bank Statement and a Transaction List?
This is a common question! A bank statement is an official document from your bank. It includes your name, account number, the bank’s logo, and a summary of your account activity for a specific time period. It’s what lenders expect to see.
A transaction list, on the other hand, is more like a quick snapshot. It might show recent payments in and out, but it doesn’t include your name or other key details—and without those, lenders can’t accept it.
If you’re ever unsure whether the document you’ve got is the right one, just send it over to us at IM Mortgage Consultancy Limited. We’ll happily check it for you—no stress, and no judgment (even if your dog has a fancier wardrobe than you).
