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  • FIRST POST
    • Guedes
    • By Guedes 14th Sep 17, 6:40 PM
    • 1Posts
    • 0Thanks
    Guedes
    Gifted deposit solicitors
    • #1
    • 14th Sep 17, 6:40 PM
    Gifted deposit solicitors 14th Sep 17 at 6:40 PM
    So this is what happen,

    Full application for a mortgage done.
    Solicitors sent me a purchase form with a section for gifted deposits.
    My father has sent me from abroad 150.000£ to invest in property and I'm going to use part of that money as a deposit for this house.
    Can i put the full amount of 150.000£ on the bracket " the amount being provided towards the purchase " as i dont want my father to know how much I'm putting as a deposit ?
    Thanks for the replies!
Page 1
    • Keep pedalling
    • By Keep pedalling 14th Sep 17, 9:11 PM
    • 3,559 Posts
    • 3,831 Thanks
    Keep pedalling
    • #2
    • 14th Sep 17, 9:11 PM
    • #2
    • 14th Sep 17, 9:11 PM
    You can't declare anymore than 100% of the deposit as a gift.

    Is this really a gift or is your father looking to use you as a proxy buyer for himself?
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