“Why Your Quirky Payment Messages Could Land You in Hot Water: The Shocking Truth Revealed!”

Ever had that wild urge to drop a hilarious joke in the reference section when sending money to a friend? You’re not alone; we’ve all been there, chuckling at our own witty antics! But hold up—before you hit send and commit to that oh-so-funny comment, consider this: what seems like a harmless jest could actually put a damper on your mortgage application later. Yup, that’s right! According to a savvy mortgage advisor, inappropriate remarks on bank statements could raise some serious eyebrows among lenders. So, if you value your future home (and sanity), it might be time to rethink those cheeky references. I mean, would you rather risk a loan rejection or keep the laughs between pals? Check this out to get the full scoop! LEARN MORE

When transferring money to a mate, it can be tempting to make a joke on the statement’s ‘reference’ section.

But if you’re guilty of writing rude words while sending money, then you might want to think again.

Apparently, it’s a huge no-no, with one mortgage advisor explaining why writing inappropriate words on bank statements could land you in trouble if you’re trying to get a loan.

It’s best not to use inappropriate words on your bank statements (Getty Stock Photo)

If you’ve ever gone through the process of buying a property, you’ll know that it’s a pretty pain-staking process, made up of multiple stages, endless paperwork and a lot of box-ticking.

Which is why it’s important to make sure the process goes as smoothly as possible, in order to avoid any hurdles or delays.

Now, one mortgage advisor who has been sharing guidance on TikTok, has explained why making sure your bank statements look a certain way is so crucial.

Getting a mortgage can be a difficult process (Getty Stock Photo)

He explained how important it is that people avoid using any rude or inappropriate words in their statement references.

After warning people against showing evidence of gambling in their bank statements, he added in a follow-up clip: “The second really important thing to avoid showing on your personal bank statements when applying for a mortgage are any rude or inappropriate references next to money that you and your friends send each other.

“Yes, as an adviser, it can be quite funny to read, but unfortunately lenders don’t see it that way and they will ask questions, which can work out pretty unfavourably if they perceive you to be A – engaged in an illegal activity, or perhaps B – that you will be repaying the mortgage through the likes of ‘drug money.'”

Commenting on the clip, he added: “This completely depends on the bank & its underwriting process, some couldn’t care less & some are required to flag it – better safe than sorry IMO.”

Lenders don’t like it when you use inappropriate words on bank statements (Getty Stock Photo)

Responding to the advice, people were quick to comment on the clip, with one writing: “Maybe lenders need to get a sense of humour and lend based on previous lending record only not jokes between friends.”

While another said: “I had to explain when applying to rent a house that the reference ‘money for druuuuuuugzzzz’ was just my friend being funny.”

Meanwhile one said they would struggle to stop their friends pulling the same joke, adding: “Can’t exactly stop my mates doing this.”

You’ve been warned.