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Proving deposit fund

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rajuv
rajuv Posts: 140 Forumite
in House buying, renting & selling
I’m in the process of buying my first home, problem I have is that I made a 5k deposit into my nationwide save to buy account on May 8th 2013.
I made the 5k over the years from football bets in the bookie, highest winnings being £700.
I have 25k in my save to buy, but only putting a 20k deposit.
Can I tell my solicitor that I won’t use the 5k or withdraw it?

Comments

  • Sparx
    Sparx Posts: 909 Forumite
    Part of the Furniture Combo Breaker
    Of course you can. It's your money! :p
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    No.

    There is special account for 'oversavements' - amounts you have saved in excess of the deposit you plan to make towards your purchse.

    You need to transfer the Oversavement amount to

    sort code: 03-02-95
    account number: 34127639
  • rajuv
    rajuv Posts: 140 Forumite
    G_M wrote: »
    No.

    There is special account for 'oversavements' - amounts you have saved in excess of the deposit you plan to make towards your purchse.

    You need to transfer the Oversavement amount to

    sort code: 03-02-95
    account number: 34127639
    Done mate
    Check your account
    :beer:
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    rajuv wrote: »
    Done mate
    Check your account
    :beer:

    Cheers. Next one's on me.

    :beer:
This discussion has been closed.
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