New Posts For Thread: Affordability checks, another angle...https://community.betfair.com/horse_racing/go/thread/view/94102/31846413/affordability-checks-another-angleAfter the many discussions on here, thought this might interest some.Recently been looking at a new mortgage, and what has struck me is the issue of how ACs are now done. When I got my last mortgage, quite a few years ago, they literally didn't evenCider, good evening.We have become like the U S A, people are exploiting very weak employment laws ! At the N H S and local government you can now be disciplined for not adressing peoples' individual pronouns ! So a non binary person will insist on bhttps://community.betfair.com/horse_racing/go/thread/view/94102/31846413/affordability-checks-another-angle?post_id=564113025#564113025Cider, good evening.We have become like the U S A, people are exploiting very weak employment laws ! At the N H S and local government you can now be disciplined for not adressing peoples' individual pronouns ! So a non binary person will insist on bThu, 27 Jun 2024 14:15:06 -0500July election, obviously.https://community.betfair.com/horse_racing/go/thread/view/94102/31846413/affordability-checks-another-angle?post_id=564112691#564112691July election, obviously.Thu, 27 Jun 2024 11:34:20 -0500So chill out (unless you are worried about something you have not disclosed)My investments, including some gambling related, are relatively complex. Just don't want them sniffing and sitting asking endless questions, around everything I do (or don't)https://community.betfair.com/horse_racing/go/thread/view/94102/31846413/affordability-checks-another-angle?post_id=564112667#564112667So chill out (unless you are worried about something you have not disclosed)My investments, including some gambling related, are relatively complex. Just don't want them sniffing and sitting asking endless questions, around everything I do (or don't)Thu, 27 Jun 2024 11:24:16 -0500here you go halcyonSending a card to a colleague who has said they do not want their birthday celebrated could count as harassment, an employment tribunal has ruled.The conclusion came in the case of a tax worker who has successfully sued HMRC afterhttps://community.betfair.com/horse_racing/go/thread/view/94102/31846413/affordability-checks-another-angle?post_id=564112537#564112537here you go halcyonSending a card to a colleague who has said they do not want their birthday celebrated could count as harassment, an employment tribunal has ruled.The conclusion came in the case of a tax worker who has successfully sued HMRC afterThu, 27 Jun 2024 10:48:38 -0500There is no standard procedure - different lenders will ask different questions. It may vary depending on the underwriters evaluation of the application.The bottom line is they are lending you money so they can ask for anything they consider relevanthttps://community.betfair.com/horse_racing/go/thread/view/94102/31846413/affordability-checks-another-angle?post_id=564112495#564112495There is no standard procedure - different lenders will ask different questions. It may vary depending on the underwriters evaluation of the application.The bottom line is they are lending you money so they can ask for anything they consider relevantThu, 27 Jun 2024 10:24:44 -0500My Grandson's pregnant wife got asked what gender she like to be identified as... it's her third child !The United Kingdom in 2024 !!!!https://community.betfair.com/horse_racing/go/thread/view/94102/31846413/affordability-checks-another-angle?post_id=564112453#564112453My Grandson's pregnant wife got asked what gender she like to be identified as... it's her third child !The United Kingdom in 2024 !!!!Thu, 27 Jun 2024 10:10:53 -0500I should add, we are putting up around 70% of the new house value as our deposit as a lump of cash - if that isn't enough for them to hold onto...https://community.betfair.com/horse_racing/go/thread/view/94102/31846413/affordability-checks-another-angle?post_id=564112423#564112423I should add, we are putting up around 70% of the new house value as our deposit as a lump of cash - if that isn't enough for them to hold onto...Thu, 27 Jun 2024 09:56:19 -0500It isn't just security, if they don't fully demonstrate that the loan was affordable, the whiny customer will be off to the ombudsman asking for compensation.they have to look atthe income of the customer, net of income tax and nationalinsurance; andhttps://community.betfair.com/horse_racing/go/thread/view/94102/31846413/affordability-checks-another-angle?post_id=564112419#564112419It isn't just security, if they don't fully demonstrate that the loan was affordable, the whiny customer will be off to the ombudsman asking for compensation.they have to look atthe income of the customer, net of income tax and nationalinsurance; andThu, 27 Jun 2024 09:55:32 -0500You have to factor in the security they are getting from you too though - so no, I don't personally see the need for such a detail of information personally. Is it ok to ask for 5 years of bank statements, or to see every other account you might holdhttps://community.betfair.com/horse_racing/go/thread/view/94102/31846413/affordability-checks-another-angle?post_id=564112311#564112311You have to factor in the security they are getting from you too though - so no, I don't personally see the need for such a detail of information personally. Is it ok to ask for 5 years of bank statements, or to see every other account you might holdThu, 27 Jun 2024 09:21:47 -0500them lending you a sum of money...perfectly reasonable imo for them to ask for whatever information they deem will satisfy their risk assessment of youaffordability checks to have a bet...totally unacceptable on all levelshttps://community.betfair.com/horse_racing/go/thread/view/94102/31846413/affordability-checks-another-angle?post_id=564112273#564112273them lending you a sum of money...perfectly reasonable imo for them to ask for whatever information they deem will satisfy their risk assessment of youaffordability checks to have a bet...totally unacceptable on all levelsThu, 27 Jun 2024 09:07:45 -0500