u/Bilson2

House purchase with crypto transactions

Hi I can't stop stressing about this situation.

I have had an offer accepted on a property & will be using proceeds of sale from my property as the deposit.

My bank statements show ~£3000 income from kraken a month ago after I cashed out BTC for stability in preparation for the move. My cost basis was around £4000 in deposits so I sold at a loss but can evidence the deposits in transactions to different exchanges. I did use cold storage for a period before sending back to the exchange.

I think my mortgage will be fine as they only requested payslips but will this cause problems for my conveyencor even though it's not being used towards deposit.

I'm driving myself crazy thinking about it all. Thanks

reddit.com
u/Bilson2 — 4 hours ago