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Mortgage Application but funds for deposit are in Greece

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Brostie
Brostie Posts: 11 Forumite
Third Anniversary
in Mortgages & endowments
My friend is married to a Greek man. He has funds in a Greek bank for the deposit on a property in London that they want to purchase. How long do the funds need to be in a UK bank account? (anti money laundering etc). Any advice greatly appreciated.

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  • user1977
    user1977 Posts: 17,823 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    They don't need to be an a UK bank account. Source of funds can be checked while it's an a foreign account.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The source will need to be verified. 
  • MaryNB
    MaryNB Posts: 2,319 Forumite
    1,000 Posts Third Anniversary Name Dropper
    He'll likely need to get certified translations for his greek financial information. The AML checks can go back a few months or a few years. There's no set time limit for verifying funds. 
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