Reading up on a subject on the internet is helpful but can fall short on delivery, for instance, one of their biggest searches on our website is ‘gifted deposits’ for mortgages. Invariably applicants digest this and then on their own try and make it work for them – only to call us partway through the mortgage process for us to unravel the mess they have got themselves in. Schemes of this … [Read more...]
Gifted Deposits for Mortgages
Can I fund my mortgage deposit by a gift? Who can make gifts towards a purchase of a property? What happens if my deposit money is coming from abroad? And many more ‘gifted deposits’ questions answered by resident mortgage expert Mr Payam Azadi We are seeing more and km9re Gifted Deposits when it comes to mortgages. The reality is the first time buyers today are not normally as affluent … [Read more...]
Getting a Mortgage with a family gifted deposit
How we can help with gifted deposit Mortgages Give you advice around lenders criteria and family gifted deposits Who can make a gift and how it can be made Overseas gifts and money laundering rules Gifted equities - meaning actual % of property is going to be gifted Builder incentives and discounts Advice around template letters for gifts and access to our own bespoke … [Read more...]