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I'm in a similar boat. Lender (NW) has asked to see proof of deposit, but the money is a bit dotted around (mine and my partner's bank accounts, an endowment and a gift from my parents). Do I need to put all the money in one account first or will they accept statements?
We aren't likely to exchange for six weeks and I would definitely have the money in one place then (probably sooner)
I'm in a similar boat. Lender (NW) has asked to see proof of deposit, but the money is a bit dotted around (mine and my partner's bank accounts, an endowment and a gift from my parents). Do I need to put all the money in one account first or will they accept statements?
We aren't likely to exchange for six weeks and I would definitely have the money in one place then (probably sooner)
They will accept statements and a letter from your parents
I am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
