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Lender asking for gifted deposit declaration for money not part of deposit

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  • ACG
    ACG Posts: 24,587 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    edited 19 April at 9:16AM
    ACG said:
    This does happen with the more specialist lenders. 
    Just remember:
    1) Its not you. 
    2) If they are asking questions, they are not declining you.
    3) You will appreciate everything a whole lot more once you get the keys. 

    I dont use West Brom much (if at all), but I do a lot of adverse and I have to pre-warn people with what to expect and not to worry. 
    What a lovely person you are ACG. You've made the OPs weekend so much better. Good on you!
    Im a good egg haha. (Little easter joke for you there). 
    I am a Mortgage Adviser
    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.
  • Grumpy_chap
    Grumpy_chap Posts: 18,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I am in the midst of a mortgage application. 

    Thing is - my partner hasn't 'gifted' me anything, he's my partner, he's contributed to his own wedding pot. 
    If you are getting married, will this be a joint mortgage with your dearly beloved?

    I can understand a lender having concerns otherwise.

    The trouble with gifts to different pots is that all money is fungible.
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