Deposit source question

Phunky

noodle wrote: »

I'm a little confused. Has anyone, at any point, told the lender the truth? It is a short-term loan to be repaid with guaranteed future income on a known future date.

Are you looking for a solution to a problem that might not even be a problem at all?

I did tell the lender when going through the application but my solicitor wants to confirm they do know. I'm was shocked though as it feels like we are having to jump through hoops to get through the final steps.

noodle

I see, well it's correct of the lender/solicitor to check this out.. so don't think of it as jumping through a hoop, think of it as formally letting them know what is going on. If, after you've done that, they don't like the answer *then* this is a problem. In the meantime, just hope that they'll be sensible.