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Proof of funds

Hi everyone, potentially a silly question but FTB here looking for reassurance! Put full mortgage application in Wednesday 12/7/20 via broker and instructed solicitors. I was originally going to be going for a 90% LTV mortgage but I am receiving a bonus from work on the 27th of this month which will comfortably allow me go 85% LTV - so I’ve applied for this. 

I received forms for my solicitor yesterday and naturally they want proof of funds. Is it going to be a problem if I send them proof of my 10% deposit and then send an updated proof of funds on the 27th with the 15% deposit? 

I’ve emailed the solicitor with this question but looking for reassurance in the meantime! I explained this to my mortgage broker prior to application who didn’t seem concerned.

thanks! 

Comments

  • MovingForwards
    MovingForwards Posts: 17,178 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    As long as you have the money in time for exchange, the solicitors won't care.
    Mortgage started 2020, aiming to clear 31/12/2029.
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