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Category: Gifted Deposit

gifted deposits
Gifted Deposit, Mortgages

How to Gift a Deposit

February 8, 2022September 21, 2023ChrardLeave a comment

Grandparents and parents are you wishing to help your loved ones buy their first home? We firstly advice that you read our first two mini articles before processing the following   Options of how to gift a deposit: Equity Release:   for homeowners
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gifted deposit mtge
Gifted Deposit, Mortgages

How do Gifted Deposits work when getting a Mortgage?

February 8, 2022October 2, 2023ChrardLeave a comment

Most mortgage lenders are happy to accept gifted deposits from a family member.  However, there are a few lenders that will block who the money can be gifted by.  The best thing you can do is seek our advice to have a
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
 

“The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.”
“The Financial Conduct Authority does not regulate all Buy to Let mortgages”
 

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Partners – Roger Phillips & Neil Leonard.
 

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