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Source of funds for Cash for mortgage deposit?

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  • Thrugelmir wrote: »
    Source of the cash should be provable. Unless you are lucky enough to have a money tree at the bottom of the garden from which you pick the leaves. In this day and age untraceable cash immediately raises questions. From a business perspective is it worth the hassle. Plenty of other straight forward applicants to choose from.
    It is provable - he issues invoices for the work he provides, which tally back to the cash he has.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It is provable - he issues invoices for the work he provides, which tally back to the cash he has.

    Doesn't sound as if the money is declared for tax. ;)
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It is provable - he issues invoices for the work he provides, which tally back to the cash he has.
    In what way do they "tally back"?
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