'If you must place a bet, do it in the bookies in person with cash' - what mortgage lenders don't want to see on your bank statement, according to money experts

"From Paddy Power to Klarna, these are the bank statement red flags to avoid when applying for a mortgage"

"Late-night online shopping, a weekly lottery ticket, an unpaid credit card bill or the odd missed loan repayment all seem innocent enough."

"However, for anyone hoping to get on the property ladder, what impact do these things have on a mortgage application?"

Bank statement entries such as transactions with Paddy Power and Klarna can act as visible red flags when applying for a mortgage. Late-night online shopping, a weekly lottery ticket, an unpaid credit card bill, and the odd missed loan repayment can appear harmless yet may influence how affordability and financial responsibility are judged. These patterns can affect the assessment of income, outgoings and creditworthiness during the mortgage underwriting process. Applicants should review and, where possible, clarify or correct unusual or problematic entries before submitting an application.

Read at Independent