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Gifted deposit from USA?

xxicklexx · 2021-02-25 08:33:28

My great aunt would like to give me a large amount of money towards buying our first home (around £100,000), she lives in the USA. Firstly, where should I keep this money when it's sent? I was thinking a LISA or is there somewhere else more suitable for such a large amount? Secondly, can she send it in several small…

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hellomoto123 Posts: 15 Forumite

3 March 2021 at 11:59PM

hippocrates1 said:

I think this will cause a lot of issues. Great aunts are not as acceptable as gifters. Plus that’s a huge sum of moeny. Expect months of money laundering checks.

It really does depend on the lender.
Halifax didn't accept my husband's foster dad's gift deposit. However, Nationwide offered us a mortgage with it.

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Gifted deposit from USA?

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