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House deposit from sale of a car
wateva
Posts: 47 Forumite
Hi All,I have saved up 30k for a deposit of a house. I sold a car about a month and a half ago for 5k. I was hoping to buy another car with it but haven't come across anything suitable so now I am going to deposit it in my savings account. Thing is I have found a house I like and I'm hoping to put down 35k as a deposit. Conveyancer told me in our last property purchase that anything added to my savings account in the last 3 months needs proof. What proof do I need to show that the recent transaction of 5k came from a car sale?
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Comments
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Did you get a receipt when you sold the car?0
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AnotherJoe wrote: »Did you get a receipt when you sold the car?
Yes but it was a private sale so not on official watermark paper0 -
Then that is what you haveI 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 -
You don't have anything linking the 5k cash you paid in to the cash you received weeks earlier - you just need to explain to your conveyancer and hope that they're satisfied with it.0
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Copy of relevant DVLA docs for transfer should satisfy anyoneHi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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