Proof of Deposit / Equity
Proof of Deposit/Equity
This will ultimately depend on where the deposit is coming from:
- If coming from savings, we will require statements to evidence how the funds have accumulated (same format as bank statements).
- If coming from an existing properties’ equity we will need your latest mortgage statement and a memorandum of sale evidencing how much the property is being sold for.
- If coming from a gift, we will need bank statements from the donor of the gift, as well as a letter authorising the gift of funds.