A gifted deposit is one of the most common ways onto the ladder - but lenders and solicitors need it documented correctly. A gift must be a genuine, non-refundable gift (not a loan), and the donor's source of funds must be evidenced for anti-money-laundering checks. We handle the paper trail so it doesn't derail your purchase.
Immediate vs extended family
Most lenders accept gifts from immediate family (parents, grandparents). Gifts from extended family or non-relatives are accepted by fewer lenders and may need a larger deposit. We match you to lenders comfortable with your donor's relationship to you.
- Immediate family: widely accepted
- Extended family / non-relatives: fewer lenders
- Lender matched to the donor relationship
Donor proof of funds & AML
The donor must evidence the source of the gifted funds (savings, sale of an asset, inheritance) for AML compliance, and sign a declaration that it's a non-refundable gift with no stake in the property. We prepare the declarations and coordinate the evidence.
- Source of funds evidenced (savings, sale, inheritance)
- Donor declaration: non-refundable gift, no property stake
- AML paperwork coordinated with your solicitor
Common questions
Can a friend gift me a deposit?
Some lenders accept gifts from non-relatives, but far fewer than for immediate family, and a larger deposit may be required. We'll match you to a lender comfortable with your donor.
Why does the donor need to prove the source of funds?
Anti-money-laundering rules require solicitors and lenders to verify the origin of any deposit funds. We coordinate the evidence so it's straightforward.