Financial support from a parent

Nikki9979

We received our mortgage offer from the Natwest last week. Today I got a letter from the solicitor saying she had written to Natwest advising that part of the deposit was a gift from my dad (not a loan in anyway or with any conditions attached) and that she would let me know if they revise the offer. I am confused now as we were open and honest about this at the mortgage application stage and so Natwest are aware. I am confused why and how they may now change the mortgage offer. Anyone got any advice or similar experience.


Thank you x

Keekles

It's a natural part of the process with regards to solicitors. If you have declared it was a gift etc. then you shouldn't have any problems whatsoever. Wouldn't panic.

Black_Eyeliner

I'm sort of in the same boat! The Halifax are asking us for various documents proving the source of our deposit (gifted from family) and I'm getting worried too.

amnblog

as Keekles says

'It's a natural part of the process with regards to solicitors. If you have declared it was a gift etc. then you shouldn't have any problems whatsoever. Wouldn't panic. '

Nikki9979

Thank you I was hoping it wasn't anything to worry about.


I forgot how stressful buying a house is!!! x