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Proof of depost.

Hi

I've had an offer accepted on a house and have just transfered the last bit of my salary into my savings to give me the required deposit.

The issue is the statement for my savings has already been produced and doesn't show the full amount, therefore how do I prove to the lender that I have the required amount? My next statement isn't until the end of Feb and can't imagine they will wait until then before starting the mortgage application.

Thanks in advance

Comments

  • user1977
    user1977 Posts: 13,343
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    We don't know who your savings account is with, but is it impossible for you to produce any form of interim statement?
  • gazfocus
    gazfocus Posts: 2,362
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    See if your solicitor/mortgage broker would accept your last full statement together with a printout of your online banking to show your final bit going in.
  • kingstreet
    kingstreet Posts: 38,615
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    gazfocus said:
    See if your solicitor/mortgage broker would accept your last full statement together with a printout of your online banking to show your final bit going in.
    This. Some people provide four or five statements to evidence a deposit. Unfortunately, the helpful ones transfer it all into one account and then sound surprised when we tell them we need three months statements for all the accounts which were the source of the transfers.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • gazfocus said:
    See if your solicitor/mortgage broker would accept your last full statement together with a printout of your online banking to show your final bit going in.
    This. Some people provide four or five statements to evidence a deposit. Unfortunately, the helpful ones transfer it all into one account and then sound surprised when we tell them we need three months statements for all the accounts which were the source of the transfers.
    Ah I see. I've spoken to the bank who will send me a interim statement. My bank statements will show the transfers which I assume they will ask for anyway.
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