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.
bank statement example

A Helpful Tip

One way of sending these effectively is using Office Lens, which is a handy app and a smart way of sending documents clearly.

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