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FTB - Santander Application - Parents names?
kellaree
Posts: 119 Forumite
Just wondering if anyone knows why Santander would ask for mine and my partners parents names after the initial application? Our 10% deposit is a gift from them so could be related to this? They've only asked for their names, not anymore details. Is this a good sign?
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Comments
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They verify the source of the deposit, I do not know if they check bankruptcy on the names although assume they will credibility check they are your parents.
It is standard though and they ask it as part of every application where an element of the deposit is a gift, so do not worry not a good or bad sign.
Santander can be hard work, or can be incredibly speedy dependent upon the case and the day of the week I think.
Do not be surprised if your case gets audited and again so long as everything is declared, this is not an issue but they are checking more and more post offer now.
All the bestI am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0
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