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Potential FTB advice
Comments
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No. It wouldn't.
Note WH05's point about the source of the deposit on a sole application.I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0 -
kingstreet wrote: »No. It wouldn't.
Note WH05's point about the source of the deposit on a sole application.
The deposit is in my account but the money for the fees, moving etc is in his.
From my account, I pay the rent and bills and usually the shopping but he transfers money to my account to contribute to these costs. Would that be ok?
If I needed to get the money from his account, could he transfer it in small regular amounts so it may seem like his living costs?
Feel like I am suggesting something fraudulent
We have quite a few tranfers going between our banks in the past few months.FTB
Offer Accpeted 16/07/2013 - Full Mortgage App 19/07/2013 - Valuation 05/08/2013 additional survey 13/08/2013 - Mortgage Offer 21/08/2013 Exchange & Completion 14/10/20130 -
All you need to be able to do is provide a statement for an account in your name with the amount of the deposit in it. The money for fees does not have to be proved.I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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