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Deposit question (shared ownership property)
BamBamBam
Posts: 2 Newbie
Hello all 
My fiancee and I are due to take ownership of our new home a week on Friday (27/03). I'm currently staying at my parents but because of the Coronavirus, I've had to dip into my deposit fund (£9500) to get extra food and health supplies for them.
Am I able to use my overdraft to make up the shortfall? (The shortfall isn't much - about £200).
My solicitor is a very nice person and knows our financial health very well - she has been with us for both mortgage offers. Our first ran out due to Openreach laying fibre cables in the wrong area - we were supposed to have moved in last October! Grrrr!
My fiancee and I are due to take ownership of our new home a week on Friday (27/03). I'm currently staying at my parents but because of the Coronavirus, I've had to dip into my deposit fund (£9500) to get extra food and health supplies for them.
Am I able to use my overdraft to make up the shortfall? (The shortfall isn't much - about £200).
My solicitor is a very nice person and knows our financial health very well - she has been with us for both mortgage offers. Our first ran out due to Openreach laying fibre cables in the wrong area - we were supposed to have moved in last October! Grrrr!
0
Comments
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Your deposit can come from any value within your bank account, as long as the Solicitor gets £9,500.00 you'll be fine.0
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