Is it in the interest of the bank employee to get me to open more separate accounts? Every time I go in to discuss a mortgage I'm told that I should set up a separate account to show my savings, but I think it's fairly clear from looking at my current account that I am saving money. I am also saving money on my credit card account. There's no advantage in saving for interest rates, they are all abysmal at the moment, and in fact I am saving money by avoiding fees in my current account if I stay over 3000. I don't want to have to pay fees in a third account.
Should I dig my heels in and say I don't want to open a third account or am I making it more difficult for myself to get a mortgage? Surely a simple opening and closing balance calculation can show the bank what I am capable of saving every month?
Should I be cynical and think that of course they want me to open more accounts to charge me more fees, (probably on commission) but the person I dealt with seemed genuine and just wanted me to have everything clear for the best chance at getting the loan.