Liabilities
Liabilities are debts and financial obligations that you have. Underwriters will want to see your bank statements to help identify anything in your current expenditure that may impinge upon your ability to repay the loan.
They want to know about any other mortgages, debts, credit cards, HP agreements, loans, overdraft facilities, maintenance and court orders.
You will normally have to show three to six months worth of bank statements to help demonstrate that the figures you provide them with are accurate.
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