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Deposit gift from boss

dynasticpluto · 2017-02-23 18:16:02

Hello people, so me and my wife are applying for a mortgage at Halifax and my boss has written me a cheque and it has cleared in my bank to help round up the deposit. Then i find out that my boss can't gift me any money towards the deposit ( i know i should have read into it better before sending the cheque in). My…

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Xyzzy Posts: 67 Forumite

24 February 2017 at 12:16AM

don't worry about it, your mortgage advisor isn't trying to catch you out, it's fine to decide to use the money for your solicitors/pay off your car and to use the savings as the deposit. If your mortgage advisor or the bank have any concerns they will request the bank statements showing the deposit being built up,which you can provide, and you can be honest and explain the other £6000 going in

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This site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.

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Deposit gift from boss

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