Gambling Debt - Red Flag for Mortgage Approval says Mortgage Broker Dave Grass

In this episode, we’re diving into a serious but important topic—how gambling, especially among younger people, can affect your finances and even your chances of getting a mortgage.
Mortgage Broker Dave Grass joins host Chris Dabbs to talk about how easy it’s become to fall into gambling habits, especially with so many ads around and betting apps just a tap away. Dave shares some eye-opening stories, including cases where people racked up as much as £20,000 in debt in just a few months.
Chris kicks things off by mentioning shopping as a possible financial red flag, but Dave explains why gambling is often a bigger and more hidden issue.
They explore how gambling can impact your credit profile and why lenders take it seriously when reviewing mortgage applications. It’s a candid chat aimed at raising awareness, helping people understand the risks, and encouraging better money habits.