Please help post bankruptcy

casp21

my daughter is near completion of her first house and my husband and myself are gifting her £11,000, she has saved the other £17,000. we wrote the standard letter saying we do not have any future interest in the property and we don't want the money back. Everything was going OK until Halifax has asked for a bankruptcy check via our solicitor so we passed on our discharge letters from 2011. My husband and I went through bankruptcy nine years ago, discharged 8 years ago. We are giving the deposit from my husbands SIPP. We are worried sick now that she could lose the house because of our previous bankruptcy please help.

TheGardener

Don't stress - I don't think you need any help. The check is part of the due diligence checks required by law and seem to be working well to protect your daughter and the professionals working for her. Once the documentation has been checked I'm sure all will be fine.

Everyone has to evidence where their deposit comes from now - I wouldn't worry about it. You can obviously demonstrate where the money is coming from.

MEM62

casp21 wrote: »

please help.

We can't help because we are not the decision makers for the mortgage lender.
It is normal that gifted deposits are subject to a level of scrutiny and, in your cisrucmstances, may be subject to an additional level of dilligence because of your bankruptcy. I certainly would not be panicking about it at this stage.

casp21

Thank you everyone