We no longer accept residential or Buy to Let applications where your client’s mortgage deposit funds originate from the below countries/jurisdictions (this includes gifted deposit applications).
Other proof of deposit changes
The following changes have also taken effect:
- We will not accept deposit funds originating from a child’s bank account/trustee account or a foreign business bank account.
- For gifted deposit applications where the funds are received from abroad, there are some additional requirements we may ask for to evidence the deposit including a letter from each donor providing more details.