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Solicitor asking for bank statements

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Danni2121
Danni2121 Posts: 6 Forumite
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edited 2 May at 11:27AM in House buying, renting & selling
I'm moving house and my whole deposit is gifted (which i have sent them proof of funds etc) but my solicitor has also asked me for 6 months statements, do i have to send them even though I'm not having to prove i have a certain amount of money in the bank? I've already sent to my lender.
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  • MattMattMattUK
    MattMattMattUK Posts: 8,755 Forumite
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    Danni2121 said:
    I'm moving house and my whole deposit is gifted (which i have sent them proof of funds etc) but they have also asked me for 6 months statements, do i have to send them even though I'm not having to prove i have a certain amount of money in the bank? 
    Yes if you want a mortgage, otherwise they will refuse. What are you trying to hide from them?
  • Danni2121
    Danni2121 Posts: 6 Forumite
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    Sorry i've already sent to my lender, i mean my solicitor. 
  • user1977
    user1977 Posts: 14,313 Forumite
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    You don't have to, but your solicitor doesn't have to continue with the transaction either...
  • DullGreyGuy
    DullGreyGuy Posts: 10,898 Forumite
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    Obviously you can refuse anything you want however the real world answer is the same as the answer to the question "do you want to buy this property?"


    Solicitors are legally obliged not to facilitate money laundering etc so have to run their own checks, they cannot avoid jail/fines by saying "well RBS approved the mortgage so it must have been fine"
  • theartfullodger
    theartfullodger Posts: 14,671 Forumite
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    I'm confused:  What is the advantage you get by not sending statements to solicitor?  Something you wish to keep quiet about?
  • DullGreyGuy
    DullGreyGuy Posts: 10,898 Forumite
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    theartfullodger said:
    I'm confused:  What is the advantage you get by not sending statements to solicitor?  Something you wish to keep quiet about?
    It's that strange situation where someone is comfortable with a firm holding hundred of thousands of pounds for them but dont want to show them that they spend £100 a month at LoveHoney. There are weekly posts in the Motor/Insurance form about credit hire companies asking for banks statements and quarterly posts in the Employment section about future potential employers wanting them. Some people resist sharing personal information unless its on pain of death
  • kingstreet
    kingstreet Posts: 38,788 Forumite
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    It's normal to provide evidence to the different parties involved in the property purchase process - broker, lender, solicitor etc.
    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.
  • Danni2121
    Danni2121 Posts: 6 Forumite
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    Gosh, people are rude on here. Thanks @kingstreet for your normal answer 
  • theartfullodger
    theartfullodger Posts: 14,671 Forumite
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    Danni2121 said:
    Gosh, people are rude on here. Thanks @kingstreet for your normal answer 
    Thank you for your kind words   Were you thinking of me, please?

    Best regards to all.
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