PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.

Skipton Mortgage with EU gifted deposit

Hi folks,

I'm trying to help out my in-laws with their mortgage and part of this involves a gift from my own mother (through me in a joint borrower capacity)

The funds are currently in an account in Portugal and have been in her account for over 6 months following a property sale last year.

My broker is telling me that Skipton will not accept the monies unless we can get a statement in English directly from the bank and will not accept any officially translated copies of any statements in  Portuguese.

We're at the point of offering on a property that fits their needs perfectly and now we've hit a jam.

Anyone been through a similar scenario and have any tips to unstick this?

I was planning on giving Skipton a call directly in the morning to see if there's any guidance they can point me to aswell.

Thanks in advance
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.8K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 453K Spending & Discounts
  • 242.8K Work, Benefits & Business
  • 619.6K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.