Tuesday, 20 June 2023

Uk mortgage providers will refuse you or void the deal if you have any dealings with crypto on any of your accounts!

I was chatting in another sub about investing etc and this was an answer from a user in the UK. ----

The poster said they were looking at medium risk investing. You could probably just equate Bitcoin to ‘ultra omega risk’ and invest in the same way. The key difference is Bitcoin can actually have other detrimental effects. For example my mortgage provided does not allow crypto transactions in any of your accounts. If you trade in crypto in any way, you are disqualified. They won’t all be like this but for me it would have meant getting a slightly worse rate.

----- This level of interference is incredible! They will allow you to gamble everything away in an online casino or on alcohol but do not dare to touch crypto, including bitcoin.



Submitted June 20, 2023 at 07:36PM by rock-island321 https://bit.ly/3qTSDAt

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