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Gifted deposit trouble

BankMum
BankMum Posts: 12 Newbie
10 Posts
in House buying, renting & selling
Hi, I'm new and need help. I am gifting a deposit to my daughter and son in law to help them purchase their first family home. The funds are coming from my house sale which has just completed but I have documents to fill in regarding the gift, proof of funds etc and current address. I am staying with family until I can find a suitable rental (difficult) so dont have an address yet. The proof of funds is the solicitor completion and transfer document so can clearly see I no longer live at old address. What do I do, I worried not having an address will prevent this going through but claiming I still live at sold home will be fraud. Advice would be so much appreciated.
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Comments

  • user1977
    user1977 Posts: 15,652 Forumite
    10,000 Posts Sixth Anniversary Photogenic Name Dropper
    You've got an address, it's where you're living at the moment. Why do you think you can't use that?
  • BankMum
    BankMum Posts: 12 Newbie
    10 Posts
    Because it's my daughters (the one getting the gift) and I am not officially listed on anything as living here.
  • Hoenir
    Hoenir Posts: 4,416 Forumite
    1,000 Posts Name Dropper
    Find a rental first. Otherwise you'll be homeless anyway. 
  • MeteredOut
    MeteredOut Posts: 2,002 Forumite
    1,000 Posts First Anniversary Name Dropper
    BankMum said:
    Because it's my daughters (the one getting the gift) and I am not officially listed on anything as living here.
    You are living there. It is your address. Why can't you give that address? 
  • user1977
    user1977 Posts: 15,652 Forumite
    10,000 Posts Sixth Anniversary Photogenic Name Dropper
    BankMum said:
    Because it's my daughters (the one getting the gift) and I am not officially listed on anything as living here.
    Then get your name officially listed somewhere? What do you need? Something like changing your address on a driving licence or a bank account should only take a matter of days to sort out.
  • maman
    maman Posts: 29,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If you have a vehicle, I believe, you should be changing your address on the 'log book'. 
  • BankMum
    BankMum Posts: 12 Newbie
    10 Posts
    It's not easy to just find somewhere to rent, I've been trying for weeks couldn't hold up the sale of my home until there was something suitable. I need to be ID checked and only have utility Bill's etc for sold property. Havent got anything changed to my daughters address as its hopefully very temporary.
  • our_des
    our_des Posts: 33 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    It doesn't cost anything to update the address on a drivers license, if you have one then update it to where you currently are then change it again once you have a new place to live. 
  • kingstreet
    kingstreet Posts: 38,943 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Change your driving licence and bank account then you can settle ID/POR requirements. The solicitor completion statement and funds appearing in your bank account will be sufficient for evidence of source of funds.
    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.
  • BankMum
    BankMum Posts: 12 Newbie
    10 Posts
    kingstreet said:
    Change your driving licence and bank account then you can settle ID/POR requirements. The solicitor completion statement and funds appearing in your bank account will be sufficient for evidence of source of funds.
    Thank you, what about a utility bill? I only have one for old address.
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