Issues with gifted deposit/childish parent - experiences?

amnblog

lazy_girl wrote: »

I don't know why my mum behaves like this. Everything has to go the way she thinks it should go. At the slightest setback she just loses her rag. It gets very wearing, just waiting for her to go off on one.

I wish we'd never taken the money, we could have got a mortgage on the deposit we had and just got a smaller house. But it was a genuine gift at the time and I suppose you don't foresee these issues.

Unless of course she was drunk when I spoke to her and she'll have totally forgotten this conversation in the morning - not as unlikely as it may seem.

I think it's going to be difficult to get any more paperwork out of her to be honest, I think unless we can resolve it with what we have that might be the end of it. I looked at the solicitor's email and he said he was requesting the ID 'for a bankruptcy check'. It doesn't sound like it needs to be valid ID for that.

Thanks for all your input, I'm still not feeling v confident but I'll have to wait until I can speak to the solicitor.

Perhaps a smaller property, and not feeling you 'owe' your mum anything and having her bring it up every time she has the hump might have been the better solution.

Hopefully, your solicitor will see sense this morning.

We rarely have a case where the lender asks for ID unless the funds are coming from overseas.

Okydoky25

seven-day-weekend wrote: »

We didn't have to provide any ID either when we gave our son the deposit for his flat. What we did do however was put the money in his bank account before he applied for the mortgage. We did say it was gifted but because the money was already in his bank account all he had to do was provide proof of it. His mortgage is with Santander.

We did the same and had no checks at all as far as I recall. The solicitor and our FA advisor was aware of the gift but I'm not aware Santander were bothered at all about it.