Having Multiple Bank Accounts when applying for Mortgage?

likeacoffeewithcream

I was wondering if it is a huge issue when applying a mortgage with a bank that I have a few bank accounts?

Current Account

1. Main account where all money goes in + money for savings accounts goes out
2. Account where all subscriptions and recurring payments occur
3. Account for my day to day spending

Savings Account

1. BOI Mortgage Savers Account - for mortgage
2. BOI Monthly Saver Account - my first ever savings account
3. AIB Online Saver Account - for emergency money

LambshankRedemption

https://www.boards.ie/discussion/2058350886/having-multiple-bank-accounts-when-applying-for-mortgage

I'd imagine it would work in your favour. Shows you are organised and makes it easier for them to see how you spend your money.

28064212

It's not an issue. When I applied I had N26, Bunq, Credit Union, Revolut and AIB. Multiple accounts with a couple of them. The only hassle is having to collate all the statements and making sure you can account for them all. If you're reasonably organised, it's pretty straightforward

The J Stands for Jay

No issue at all, I just had to send them statements for each of the 20 or so accounts.