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Gifted Deposit Form

Gifted Deposit Form

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Instructions and help about Gifted deposit form

gift deposit a great option for buying buy to let properties let's explore how it works what is a gifted deposit it's when a family member generously provides you with the money needed for the deposit of the property most lenders will ask for a letter or a signed form from the gifter to confirm the following the amount of money that's being gifted that the gifter does not have any interest in the property and they will never ask for the money back eligible gifters are immediate family this can be a father a mother brother sister and uncle grandfather grandmother and some lenders will also accept a gift from in-laws lenders May request identification of the gifter and in some cases they may also request bank statements showing the money and the gifters account thanks for watching

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