We’ve put together some frequently asked questions for when your broker has submitted, or is about to submit a mortgage application with us.
A. We will ask your broker to provide 3 months of bank statements so that we can see evidence of the following:
A. We will accept gifted deposits as long as they come from immediate family members (members (parents including step-parents, grandparents, other family members such as a non-dependent child, brother, sister, uncle or aunt).
Your broker will provide you with a Donor Gift Deposit Declaration form which you will need to ask your donor to complete, sign and send back to your broker along with a form of ID and evidence of the funds they will be gifting to you. Please note that if the donor is not a parent or grandparent, they will need to be a UK homeowner.