Answers for England and Wales

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Question: 5.13.1. If different from 1.11, contact point if borrower is not providing balance of purchase price from funds/proposing to give second charge.

Lender Answer
Accord Buy to Let As 1.11a.
Accord Mortgages Ltd As 1.11a
Adam & Company See 1.11
Adam & Company International See 1.11

Ahli United Bank (UK) plc Please refer to New Business/Underwriting - Residential Mortgage Department
Aldermore Bank PLC As 1.11, if the borrower is not providing the deposit, or we have not detailed it in the Mortgage Offer conditions.

The Mortgage Offer will include a condition where we are aware of a gifted deposit, requiring completion of our standard Family Gifted Deposit declaration form prior to submission of your COT.

Gifted deposits are acceptable from close relatives (defined as a parent, child, grandparent, brother, sister, uncle/aunt, foster parent or legal guardian, including step relatives), providing the gift is non-repayable and that no interest will be claimed in the property.

We do not consent to second charges.

You must ensure clear bankruptcy searches are carried out against the borrower and all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches
Allied Irish Bank (GB), a trading name of AIB Group (UK) Refer to AAIB Group (UK) plc, Central Securities (GB), 92 Anne Street, Belfast, BT1 3H
April Mortgages As per 1.11
Atom Bank plc Where the deposit has been gifted by a third party, then you must obtain a gifted deposit declaration in our standard form from the donor to confirm the deposit is a non-refundable and an unconditional gift and that the third party is not claiming interest and will not claim interest in the property.

You must also confirm the source of the funds.
A signed copy of the declaration must be held by you prior to completion.

Where the gifted deposit is not being provided by a family member you should contact us as per 1.11.

This applies equally to new mortgages and remortgages. Applicants for remortgages who have an existing charge securing a gifted deposit must redeem the charge upon completion of their remortgage.


Aviva Equity Release UK Ltd See 1.11
Bank of China mortgages@bank-of-china.com
Bank of Ireland (UK) plc See 1.11
Bank of Ireland as Bank of Ireland Mortgages See 1.11
Bank of Scotland Beginning A We do not require you to report a gifted deposit subject to you being satisfied that the following conditions are met:

The property is being purchased to live in and will not be let.

The gift is from an immediate family member(s), who confirms it is not repayable. Gifts from unrelated third parties, including friends and employers are not acceptable.

The family member(s) must be related to one of the borrower(s) by any of the following (see also the definition in Part 1, paragraph 1.13);

• birth/blood relative
• spouse or civil partner, child, step children, adopted children and in-laws
• A co-habitee

A Deed of Trust or Second Charge to protect the gifted deposit is not acceptable.

You must continue to report a gifted deposit from a family member who is also the Vendor. Note we do not accept family gifted deposits in Buy to Let transactions where the Vendor is a family member.

Where a gifted deposit is acceptable you must obtain and retain on your file a letter, addressed to you, signed by each individual family member(s) gifting the deposit which confirms the following information;

• The name and address of the family member gifting the deposit
• Their relationship to the borrowers(s)
• The name and current address of the borrower(s)
• The address of the property being purchased
• The amount being gifted and the source of the funds
• That the gift is not repayable and the family member(s) providing the gift will not acquire an interest in the property
• The letter must be dated within 3 months of completion

You must ensure clear bankruptcy searches are carried out against the borrower and all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches.

You should report any other circumstances where the balance of the purchase price is not being provided in accordance with Part 1 and in doing so must wait for our written instructions prior to proceeding. Please write to our Customer Services Centre (see offer for address and fax number).
Bank of Scotland Beginning O We do not require you to report a gifted deposit subject to you being satisfied that the following conditions are met:

The property is being purchased to live in and will not be let.

The gift is from an immediate family member(s), who confirms it is not repayable. Gifts from unrelated third parties, including friends and employers are not acceptable.

The family member(s) must be related to one of the borrower(s) by any of the following (see also the definition in Part 1, paragraph 1.13);

• birth/blood relative
• spouse or civil partner, child, step children, adopted children and in-laws
• A co-habitee

A Deed of Trust or Second Charge to protect the gifted deposit is not acceptable.

You must continue to report a gifted deposit from a family member who is also the Vendor. Note we do not accept family gifted deposits in Buy to Let transactions where the Vendor is a family member.

Where a gifted deposit is acceptable you must obtain and retain on your file a letter, addressed to you, signed by each individual family member(s) gifting the deposit which confirms the following information;

• The name and address of the family member gifting the deposit
• Their relationship to the borrowers(s)
• The name and current address of the borrower(s)
• The address of the property being purchased
• The amount being gifted and the source of the funds
• That the gift is not repayable and the family member(s) providing the gift will not acquire an interest in the property
• The letter must be dated within 3 months of completion

You must ensure clear bankruptcy searches are carried out against the borrower and all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches.

You should report any other circumstances where the balance of the purchase price is not being provided in accordance with Part 1 and in doing so must wait for our written instructions prior to proceeding. Please write to our Customer Services Centre (see offer for address and fax number).
Bank of Scotland Private Banking  
Barclays Bank UK PLC We do not require you to report a gifted deposit to us provided:
(i) it is an unconditional gift and is not repayable or secured by a legal charge and the gift or is not claiming any interest in the property;
(ii) it is being provided by a family member; and
(iii) you have confirmed the source of the funds

We do require you to report to us where source of deposit is identified as being a crypto-asset (whether or not converted to fiat currency).
Crypto-assets can include “cryptocurrencies” (such as Bitcoin), utility tokens (unregulated Crypto-assets usually issued as part of an ICO/ITO) asset tokens including “stable coins” (asset-backed coins with a value pegged to a physical asset of some kind) and security tokens.
Barnsley Building Soc, a trading name Yorkshire Building Soc As 1.11a.
Birmingham Bank mortgages@birminghambank.com
Birmingham Midshires You should report any circumstances where the balance of the purchase price is not being provided in accordance with Part 1 and in doing so must wait for our written instructions prior to proceeding. Please write to our Customer Services Centre (see offer for address and fax number).

Gifted deposits are only acceptable where all the following apply;

The gift is from an immediate family member(s), who confirms it is not repayable. Gifts from unrelated third parties, including friends and employers are not acceptable.

The family member(s) must be related to one of the borrower(s) by any of the following (see also the definition in Part 1, paragraph 1.13);

• birth/blood relative
• spouse or civil partner, child, step children, adopted children and in-laws
• A co-habitee

A Deed of Trust or Second Charge to protect the gifted deposit is not acceptable.

Note we do not accept family gifted deposits in Buy to Let transactions where the Vendor is a family member.

When reporting a gifted deposit ensure your letter confirms the gift complies with our requirements.

Where a gifted deposit is acceptable you must obtain and retain on your file a letter, addressed to you, signed by each individual family member(s) gifting the deposit which confirms the following information;

• The name and address of the family member gifting the deposit
• Their relationship to the borrowers(s)
• The name and current address of the borrower(s)
• The address of the property being purchased
• The amount being gifted and the source of the funds
• That the gift is not repayable and the family member(s) providing the gift will not acquire an interest in the property
• The letter must be dated within 3 months of completion

You must ensure clear bankruptcy searches are carried out against the borrower and all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches.
Bluestone Mortgages As per 1.11.
Bradford & Bingley Limited As 1.11a
Britannia, a trading name of The Co-operative Bank plc Britannia New Lending Britannia House Leek Staffordshire Moorlands ST13 5RG or Britannia New Lending DX 16351 Leek. Telephone and Fax numbers as shown on the letter enclosing the Offer of Advance
Buckinghamshire Building Society Buckinghamshire Building Society, High Street,
Chalfont St Giles, Bucks,
HP8 4QB
e-mail mortgages@bucksbs.co.uk
Tel: 01494 879517
Fax: 01494 877259
Chelsea Building Society (a trading name of Yorkshire BS) As 1.11a.
CHL Mortgages As per 1.11
Clydesdale Bank plc Mortgage Services
PO BOX 3105
Clydebank
Glasgow
G60 9AU
Tel - 0800 121 4203
Co-operative Bank plc See 1.11a earlier. This is subject to any overriding terms of the Mortgage Offer.
Coutts See 1.11
Coutts Finance Co See 1.11
Coventry Building Society New Lending Department,
Oakfield House,
PO Box 600, Binley,
Coventry,
CV3 9YR
Cynergy Bank As per 1.11.b
Danske Bank As for 1.11a.

Where we are on notice that a third party has provided funds to the borrower which will be used by the borrower to part fund the purchase of the property, we will advise you what steps you need to take in the special conditions contained within the offer document. However, if it comes to your attention that any third party not referred to in the offer document is making any such contribution then you must report this matter to us and await further instruction.

In all cases you must be satisfied as to the source of the funds and that the third party will not acquire any interest in the property on foot of the contribution. However, this restriction will not apply if you advise that a Help to Buy: Equity Loan mortgage is also being entered into by the borrower in accordance with the then-applicable Government scheme rules for England and Wales.

We also support the Forces Help to Buy scheme.
Darlington Building Society Customer Support Department, Principal Office
DB UK Bank Ltd db mortgages
PO Box 890
Newport
NP20 9LZ
Tel: 0845 650 6281
DX Address - not available
Dudley Building Society As 1.11a
Ecology Building Society As 1.7
Family Building Soc (a trading name of National Counties BS) Loans Underwriting Department, Ebbisham House, 30 Church Street, Epsom, Surrey KT17 4NL
Email: loansunderwriting@familybsoc.co.uk
First Direct Contact Point as 1.11

You must report any circumstances where the balance of the purchase price is not being provided in accordance with Part 1 and in doing so must wait for our written instructions prior to proceeding. We do not accept deposits sourced from unsecured credit facilities or personal borrowing

We do not require you to report a deposit gifted by a family member (unless the donor is also the Vendor) provided that you are satisfied that the following conditions are met

The gift must be from a family member(s), who confirms it is unconditional and not repayable. A family member is considered to be a close relation defined as a spouse, domestic partner, grandparent, parent sibling, half sibling, aunt, uncle, cousin, in law relation or step relation. Gifts from third parties, including friends and employers are not acceptable.

The family member(s) must be related to one of the borrower(s).

Where a gifted deposit meets the above conditions and a Declaration of Trust is not being made, you must obtain and retain on your file a letter, addressed to you, signed by each donor which confirms the following information;

• The name and address of the family member gifting the deposit
• Their relationship to the borrowers(s)
• The name and current address of the borrower(s)
• The address of the property being purchased
• The amount being gifted and the source of the funds
• That the gift is not repayable and is an unconditional gift, and the donor(s) providing the gift will not acquire an interest in the property
• The letter must be obtained prior to completion and dated no more than 3 months of this date.

Where a Declaration of Trust is being made, this must be drafted in accordance with section 19 of our Mortgage Lending Instructions and Guidance Notes for England & Wales, Scotland & Northern Ireland which are located on Legal instructions for moving home | first direct – please ensure that you download the Guidance Notes and refer to the relevant section when drafting the Declaration of Trust. You must send us a copy of the draft deed at least 10 working days prior to completion for approval. You must not proceed without such approval.

Sole legal proprietor – it is not acceptable for a sole legal proprietor to enter into a Declaration of Trust.

In addition to your usual searches, you must ensure clear bankruptcy searches are obtained against all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches.

Fleet Mortgages See 1.11a. We will not consent to any second charge.
Foundation Home Loans We do not require you to report a gifted deposit where you are satisfied that the following conditions are met: The gift is from an immediate family member(s), who confirms it is not repayable.

For avoidance of doubt an immediate family member should be:
• Parents (including step parents and in-laws);
• Grandparents;
• Grandchildren;
• Siblings (including step siblings);
• Children;
• Spouses;
• Civil Partners;
• Uncles and Aunts.

A Deed of Trust or Second Charge to protect the gifted deposit is not acceptable. Written confirmation that the gift is not repayable must be obtained from all parties and retained on your file . Clear bankruptcy searches must be obtained against each party.

Gifted deposits from outside the UK should be referred to us for consideration . See 1.11a.

You should report any other circumstance where the balance of purchase price is not being provided in accordance with Part 1.
See 1.11.a.
Furness Building Society As 1.11a
GE Money Home Lending Ltd GE Money Home Lending has withdrawn from the UK mortgage market.
Gen H You must report this to us through Secure Link which is accessed via the LMS Conveyancer Zone and await our written instructions prior to proceeding. We do not accept deposits sourced from unsecured credit facilities or personal borrowing. Gifted deposits may be accepted at our discretion where they are being contributed by a family member to assist with a property purchase. Our conveyancer must report the following information regarding any gifts that we are unaware of:

- The gift donors full name
- Their relationship to the borrowers(s)
- The amount being gifted

Our conveyancer must retain a signed letter on their file from the gift donors confirming the following information:

- The name and address of the family member gifting the deposit
- Their relationship to the borrowers(s)
- The name and current address of the borrower(s)
- The address of the property being purchased
- The amount being gifted and the source of the funds
- Confirmation that the gift is not repayable, is unconditional and the donor(s) providing the gift will not acquire any interest in the property

You must obtain clear bankruptcy searches against all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches.

We do not consent to a second charge.
Godiva Mortgages Ltd New Lending Department,
Oakfield House,
PO Box 600, Binley,
Coventry,
CV3 9YR
Habito as per 1.11
Halifax We do not require you to report a gifted deposit subject to you being satisfied that the following conditions are met:

The property is being purchased to live in and will not be let.

The gift is from an immediate family member(s), who confirms it is not repayable. Gifts from unrelated third parties, including friends and employers are not acceptable.

The family member(s) must be related to one of the borrower(s) by any of the following (see also the definition in Part 1, paragraph 1.13);

• birth/blood relative
• spouse or civil partner, child, step children, adopted children and in-laws
• A co-habitee

A Deed of Trust or Second Charge to protect the gifted deposit is not acceptable.

You must continue to report a gifted deposit from a family member who is also the Vendor. Note we do not accept family gifted deposits in Buy to Let transactions where the Vendor is a family member.

Where a gifted deposit is acceptable you must obtain and retain on your file a letter, addressed to you, signed by each individual family member(s) gifting the deposit which confirms the following information;

• The name and address of the family member gifting the deposit
• Their relationship to the borrowers(s)
• The name and current address of the borrower(s)
• The address of the property being purchased
• The amount being gifted and the source of the funds
• That the gift is not repayable and the family member(s) providing the gift will not acquire an interest in the property
• The letter must be dated within 3 months of completion

You must ensure clear bankruptcy searches are carried out against the borrower and all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches.

You should report any other circumstances where the balance of the purchase price is not being provided in accordance with Part 1 and in doing so must wait for our written instructions prior to proceeding. Please write to our Customer Services Centre (see offer for address and fax number).
Halifax Loans Ltd Halifax Loans Limited, Trinity Road, Halifax, HX1 2RG
Hampden & Co. plc See1.11
Handelsbanken Refer to Branch office instructing you.
Harpenden Building Society As 1.11a
Hinckley and Rugby Building Society Principal Office, Completions Team
Hodge We do not require you to report a gifted deposit subject to you being satisfied that the following conditions are met:
The gift is from a family member(s), who confirms it is not repayable. You must report a gifted deposit from a family member who is also the Vendor.
Gifts from unrelated third parties, including friends and employers are not acceptable.
A family member is defined as;
• spouse, mother, father, brother, sister, child, grandparent, grandchild or legal guardian
Where a gifted deposit is acceptable you must obtain, and retain, on your file a letter, addressed to you, from the “giftor(s)” which confirms the following information;
• The name and address of the family member gifting the deposit
• Their relationship to the borrowers(s)
• The name and current address of the borrower(s)
• The address of the property being purchased
• The amount being gifted and the source of the funds
• That the gift is not repayable and the family member(s) providing the gift will not acquire an interest in the property.
You must ensure clear bankruptcy searches are carried out against the borrower and all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches.
You should continue to report any other circumstance where the balance of the purchase price is not being provided in accordance with part 1 and in doing so must wait for our written instructions prior to proceeding. Please report to us as at 1.11a.
Hodge Equity Release We do not require you to report a gifted deposit subject to you being satisfied that the following conditions are met:

The gift is from a family member(s), who confirms it is not repayable. You must report a gifted deposit from a family member who is also the Vendor.

Gifts from unrelated third parties, including friends and employers are not acceptable.
A family member is defined as;

• spouse, mother, father, brother, sister, child, grandparent, grandchild or legal guardian

Where a gifted deposit is acceptable you must obtain, and retain, on your file a letter, addressed to you, from the “giftor(s)” which confirms the following information;

• The name and address of the family member gifting the deposit
• Their relationship to the borrowers(s)
• The name and current address of the borrower(s)
• The address of the property being purchased
• The amount being gifted and the source of the funds
• That the gift is not repayable and the family member(s) providing the gift will not acquire an interest in the property.

You must ensure clear bankruptcy searches are carried out against the borrower and all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches.

You should continue to report any other circumstance where the balance of the purchase price is not being provided in accordance with part 1 and in doing so must wait for our written instructions prior to proceeding. Please report to us as at 1.11a
Holmesdale Building Society Lender.
HSBC UK Bank plc Contact Point as 1.11

You must report any circumstances where the balance of the purchase price is not being provided in accordance with Part 1 and in doing so must wait for our written instructions prior to proceeding. We do not accept deposits sourced from unsecured credit facilities or personal borrowing

We do not require you to report a deposit gifted by a family member (unless the donor is also the Vendor) provided that you are satisfied that the following conditions are met

The gift must be from a family member(s), who confirms it is unconditional and not repayable. A family member is considered to be a close relation defined as a spouse, domestic partner, grandparent, parent sibling, half sibling, aunt, uncle, cousin, in law relation or step relation. Gifts from third parties, including friends and employers are not acceptable.

The family member(s) must be related to one of the borrower(s).

Where a gifted deposit meets the above conditions and a Declaration of Trust is not being made, you must obtain and retain on your file a letter, addressed to you, signed by each donor which confirms the following information;

• The name and address of the family member gifting the deposit
• Their relationship to the borrowers(s)
• The name and current address of the borrower(s)
• The address of the property being purchased
• The amount being gifted and the source of the funds
• That the gift is not repayable and is an unconditional gift, and the donor(s) providing the gift will not acquire an interest in the property
• The letter must be obtained prior to completion and dated no more than 3 months of this date.

Where a Declaration of Trust is being made, this must be drafted in accordance with section 19 of our Mortgage Lending Instructions and Guidance Notes for England & Wales, Scotland & Northern Ireland which are located on LMS Conveyancer Zone – please ensure that you download the Guidance Notes and refer to the relevant section when drafting the Declaration of Trust. You must send us a copy of the draft deed at least 10 working days prior to completion for approval. You must not proceed without such approval.

Sole legal proprietor – it is not acceptable for a sole legal proprietor to enter into a Declaration of Trust.

In addition to your usual searches, you must ensure clear bankruptcy searches are obtained against all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches.


Intelligent Finance Securities, Intelligent Finance, PO Box 890, Leeds, LS1 9UG


Investec Bank plc See 1.11
ITL Mortgages New Lending Department,
Oakfield House,
PO Box 600, Binley,
Coventry,
CV3 9YR
JPMorgan Chase Bank, N.A. Refer to office issuing Mortgage Instructions - this is subject to any overriding terms of the Mortgage Offer.
Kensington Mortgage Company Ltd Kensington Mortgages, New Business Operations Centre, Ascot House, Maidenhead Office Park, Maidenhead, SL6 3QQ. Tel: 03444 990011 Fax: 03444 990022.
Kent Reliance (a trading name of OneSavings Bank plc) Source of Deposit

The deposit should come from the Borrower’s own resources without recourse to additional borrowing.
In respect of a Limited Company Buy to Let, we will accept director loans as part of the balance of the purchase price.
A non-interest bearing director loan is acceptable to us provided that:
• the individual is transferring a current/purchasing a new property into a company structure;
• purchase price is at full market value;
• the individual providing the director loan is a shareholder within the business;
• they are investing in the company by way of a directors loan and it will be included in the subsequent company accounts;
• the difference between the mortgage and the purchase price is covered by the director loan

Please contact KRBS Completions team at completions@krbs.com to advise of any additional circumstances surrounding directors loans.

Gifted Family deposit

Where there is a gifted family deposit of £20,000 or less, you must obtain and send to us a deed of gift form or letter, addressed either to you, or to the borrower’s solicitors in a separate representation case, and signed by the deposit giver/each individual family member(s) gifting the deposit which confirms the following information:

• The name and address of the family member gifting the deposit
• Their relationship to the borrower(s)
• The name and current address of the borrower(s)
• The address of the property being purchased
• The amount being gifted and the source of the funds
• That the gift is not repayable and the family member(s) providing the gift will not acquire an interest in the property
• The letter must be dated within the 3 months before completion

For gifts in excess of £20,000, we will have typically obtained a deed of gift form or letter before issuing the mortgage Offer. For any such gifts you report to us, of which we were unaware prior to issuing the Offer, we will confirm any further requirements to you once you have reported the gifted deposit.

In all cases, the deposit giver(s) must be resident within the UK or EEA and will not acquire a proprietary interest in the property, or any right to reside in it, and you must ensure clear bankruptcy searches are carried out against the borrower and all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches. You must also ensure that any appropriate deed of gift indemnity insurance is put in place. You must continue to report a gifted deposit from a family member who is also the Vendor.
Keystone Property Finance We do not require you to report a gifted deposit where you are satisfied that the following conditions are met: The gift is from an immediate family member(s), who confirms it is not repayable; The family member(s) must be parents (including step parents and in-laws), grandparents, grandchildren, siblings, children, spouses, civil partners, aunts and uncles and must not be the Seller of the property to be mortgaged.
A Deed of Trust or Second Charge to protect the gifted deposit is not acceptable. Written confirmation that the gift is not repayable must be obtained from all parties and retained on your file. Clear bankruptcy searches must be obtained against each party.
Gifted deposits from outside the UK may be considered, please refer to the contact point in 1.11a
You should report any other circumstance where the balance of purchase price is not being provided in accordance with Part 1 to 1.11a

We do not consent to second charges

Landbay Partners Limited See 1.11, if we have not detailed it in the Mortgage Offer conditions.

The mortgage offer will include a condition that a deed of gift indemnity policy must be in place at completion.

We do not consent to second charges.
Landmark Mortgages Limited New Mortgage Completions
Landmark Mortgages
PO Box 656
Durham
DH1 9LY

Tel - 0330 159 7152
Leeds Building Society Mortgage Lending Department (as per 1.11a).
Gifted deposits will only be considered where the gift is from a family member.
If the balance of the purchase price is being paid in whole or in part by anyone other than the borrower, you must:

• provide us with a declaration of the amount;
• obtain confirmation that such amount is not repayable and that the party providing this amount will not acquire an interest in the property; and
• ensure that clear bankruptcy searches are carried out against the borrower and all parties contributing to the balance of the purchase price. You only need to notify us where you are unable to obtain clear bankruptcy searches.

The person who is gifting the deposit must be a UK resident, living in the UK and the funds must be held in a UK bank or building society account.

For Limited Company Buy to Let, we will accept the balance of the purchase price from any director or shareholder of the borrower company.

Gifted family deposits are not acceptable on Limited Company Buy to Let.

Director/shareholder loans are acceptable for Limited Company Buy to Let.

Legal & General Home Finance Ltd Same as 1.11a please note, subsequent charges are not permitted.
LendInvest See 1.11a.
LiveMore Capital As 1.11a
Lloyds Bank plc pre fixed 20/40 We do not require you to report a gifted deposit subject to you being satisfied that the following conditions are met:

The property is being purchased to live in and will not be let.

The gift is from an immediate family member(s), who confirms it is not repayable. Gifts from unrelated third parties, including friends and employers are not acceptable.

The family member(s) must be related to one of the borrower(s) by any of the following (see also the definition in Part 1, paragraph 1.13);

• birth/blood relative
• spouse or civil partner, child, step children, adopted children and in-laws
• A co-habitee

A Deed of Trust or Second Charge to protect the gifted deposit is not acceptable.

You must continue to report a gifted deposit from a family member who is also the Vendor. Note we do not accept family gifted deposits in Buy to Let transactions where the Vendor is a family member.

Where a gifted deposit is acceptable you must obtain and retain on your file a letter, addressed to you, signed by each individual family member(s) gifting the deposit which confirms the following information;

• The name and address of the family member gifting the deposit
• Their relationship to the borrowers(s)
• The name and current address of the borrower(s)
• The address of the property being purchased
• The amount being gifted and the source of the funds
• That the gift is not repayable and the family member(s) providing the gift will not acquire an interest in the property
• The letter must be dated within 3 months of completion

You must ensure clear bankruptcy searches are carried out against the borrower and all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches.

You should report any other circumstances where the balance of the purchase price is not being provided in accordance with Part 1 and in doing so must wait for our written instructions prior to proceeding. Please write to our Customer Services Centre (see offer for address and fax number).
Lloyds Bank plc pre fixed 50/30/77 We do not require you to report a gifted deposit subject to you being satisfied that the following conditions are met:

The property is being purchased to live in and will not be let.

The gift is from an immediate family member(s), who confirms it is not repayable. Gifts from unrelated third parties, including friends and employers are not acceptable.

The family member(s) must be related to one of the borrower(s) by any of the following (see also the definition in Part 1, paragraph 1.13);

• birth/blood relative
• spouse or civil partner, child, step children, adopted children and in-laws
• A co-habitee

A Deed of Trust or Second Charge to protect the gifted deposit is not acceptable.

You must continue to report a gifted deposit from a family member who is also the Vendor. Note we do not accept family gifted deposits in Buy to Let transactions where the Vendor is a family member.

Where a gifted deposit is acceptable you must obtain and retain on your file a letter, addressed to you, signed by each individual family member(s) gifting the deposit which confirms the following information;

• The name and address of the family member gifting the deposit
• Their relationship to the borrowers(s)
• The name and current address of the borrower(s)
• The address of the property being purchased
• The amount being gifted and the source of the funds
• That the gift is not repayable and the family member(s) providing the gift will not acquire an interest in the property
• The letter must be dated within 3 months of completion

You must ensure clear bankruptcy searches are carried out against the borrower and all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches.

You should report any other circumstances where the balance of the purchase price is not being provided in accordance with Part 1 and in doing so must wait for our written instructions prior to proceeding. Please write to our Customer Services Centre (see offer for address and fax number).
Lloyds TSB Scotland plc Mortgage Processing. Please see 1.11a
M&S Bank M&S Bank, PO Box 12, Skipton, BD23 2HL. Telephone Number 0345 002 1128 Fax 0345 111 0322
Magellan Homeloans Issuing office
We do not require you to report a gifted deposit subject to you being satisfied that the following conditions are met:

The property is being purchased to live in and will not be let.

The gift is from an immediate family member(s), who confirms it is not repayable. Gifts from unrelated third parties, including friends and employers are not acceptable.

The family member(s) must be related to one of the borrower(s) by any of the following (see also the definition in Part 1, paragraph 1.13);

• birth/blood relative
• spouse or civil partner, child, step children, adopted children and in-laws
• A co-habitee

A Deed of Trust or Second Charge to protect the gifted deposit is not acceptable.

Manchester Building Society Underwriting Department.
Market Harborough Building Society As per 1.7
Masthaven Bank As per 1.11. Where the deposit is being gifted by a third party, you must obtain a Gifted Deposit Declaration in our standard form from the donor(s) to confirm the deposit is non-refundable, an unconditional gift, and that no interest is claimed or will be claimed in the property.

You must also confirm the source of funds. You must ensure clear bankruptcy searches are obtained against the borrower and all parties contributing to the balance of the purchase price, and you must notify us if you cannot obtain clear searches.
Metro Bank plc If you become aware that the borrower is not providing the balance of the purchase price from their own personal funds you must report this to us. If any of the deposit is a gift, this must be from a close family member (parents, grandparents, children, grandchildren, siblings and mother/ father/ brother/ sister/ son/ daughter in law. Adopted, half, and step family members are also included in the definition) who confirms:
- The gift does not need to be paid back
- They will not own any part of or hold any financial interest in the property
- If they intend to reside in the mortgaged property, they agree to sign a Declaration by Occupier form (available to download from the Smoove portal) prior to the mortgage completing
- They understand that they may be asked for further proof of ID and/or information about the source of this gifted deposit
- They understand the importance of seeking independent legal advice and they are comfortable they have had enough time to consider this and obtain the advice if they choose to.

If we are aware of a gifted deposit, the mortgage offer will include a condition confirming part of the deposit is from a gift.

We will require confirmation of the following for review and approval by us prior to completion:
1. The amount of the gift
2. The donor and their relationship to the applicant
3. Source of funds e.g. savings
4. Accrual of funds e.g. income from employment

Please email this information to mortgagecompletions@metrobank.plc.uk
ModaMortgages The deposit should usually come from the borrower(s)’s own resources, originated within the EEA and without recourse to additional borrowing.

The only exception to this rule is:
• Capital raising remortgage – where the applicant has sufficient equity in an existing property, it is acceptable for deposit funds to be raised by way of a re-mortgage, second charge or a further advance

• Family gift – this is acceptable unless the property is being purchased from the family member from which the gift originates, and the gift is not repayable. A gifted deposit form needs to be completed, signed by the donor(s) and uploaded onto the application by their broker

• Intercompany loan – this is acceptable for Limited Company Lending subject to:
o Majority shareholder to mirror across SPV and connected company
o Must be UK to UK company (no offshore companies)
o Loan is repayable and a term agreed and evidenced with a documented loan agreement
o Rate of interest applied should HMRC’s ordinary rate of interest
o Any monthly payment to be used within the ICR calculation
o Connected company not to have any interest or charge over the property

A copy of the signed intercompany loan agreement should be uploaded onto the application by their broker.
Molo Finance We do not consent to second charges.

The balance of the purchase price must pass through your client account.
Monmouthshire Building Society Lending Operations Department
Monmouthshire Building Society
Monmouthshire House
John Frost Square
Newport
NP20 1PX
Mortgage Agency Services Mortgage Agency Services PO Box 138 Plymouth Devon PL1 1XY
Mortgage Express As 1.11a
Mortgage Express No 2  
MPowered Mortgages Resi:

We do not require you to report a gift deposit to us unless it has not been disclosed previously and is not noted in the Special conditions. You must be satisfied that:

I. It is unconditional gift and is not repayable or secured by a legal charge and the giftor is not claiming any interest in the property; and
II. It’s been provided by an immediate family member (defined as parents, children, grandparent, siblings, uncle/aunt, foster parent, or legal guardian including step relatives) and
III. You have confirmed the source of funds and
IV. The funds must be held in a UK bank or building society account.

Foreign Deposits are considered. Where the deposit has been gifted by a 3rd party not resident within the UK. You must be satisfied that:

I. Funds are coming from customer’s country of nationality and
II. It’s been provided by an immediate family member (defined as parents, children, grandparent, siblings, uncle/aunt, foster parent, or legal guardian including step relatives) and
III. Deposit source country cannot be listed as a FATF Black of Grey List country and
IV. Copy of the foreign bank statement showing the deposit(s) transaction(s) into the recipient’s bank account(s) and
V. You have confirmed the source of funds and
VI. The funds must be held in a UK bank or building society account and denominated in UK Pounds Sterling.

You must ensure clear bankruptcy searches are carried out against all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches.

Where the deposit has been gifted by a 3rd party our declaration of gift and solvency letter must be completed and sent to 1.11a

Where the gifted deposit is not being provided by a family member you should contact us as per 1.11. Gifts from unrelated 3rd parties, including friends and employers are not acceptable.

You should report any other circumstances where the balance of the purchase price is not being provided in accordance with Part 1 and in doing so you must wait for our written instructions prior to proceeding.

A Deed of Trust or 2nd charge to protect the gifted deposit is not acceptable. We do not consent to 2nd charges.

BTL:

Gifted deposit(s) accepted.

We do not require you to report a gift deposit to us unless it has not been disclosed previously and is not noted in the Special conditions. You must be satisfied that:

I. It is unconditional gift and is not repayable or secured by a legal charge and the giftor is not claiming any interest in the property; and
II. It’s been provided by an immediate family member (defined as parents, children, grandparent, siblings, uncle/aunt, foster parent, or legal guardian including step relatives) and
III. You have confirmed the source of funds and
IV. The funds must be held in a UK bank or building society account.

We do not accept gifted deposits originating from outside the UK.

We do not consent to Deed of Trust or 2nd charges.

We require you to report to us where source of deposit is identified as being a crypto-asset (whether or not converted to fiat currency). Crypto-assets can include ‘cryptocurrencies’ (such as Bitcoin), utilities tokens (unregulated Crypto-assets usually issued as part of an ICO/ITO) asset tokens including ‘stable coins’ (asset-backed coins with a value pegged to a physical asset of some kind) and security tokens.

You should report any other circumstance where the balance of purchase price is not being provided in accordance with Part 1 to 1.11a
National Counties Building Society Loans Underwriting Department, Ebbisham House, 30 Church Street, Epsom, Surrey KT17 4NL
Email: loansunderwriting@ncbs.co.uk
National Westminster Bank plc Deposits and gifts from parents and guardians are acceptable. We will agree to a second ranking change in favour of the parents/guardians.
Any monthly cost (including any interest payable in relation to the gift/deposit) relating to the repayment of the gift/deposit will be included in the affordability calculation.

This does not apply to foreign nationals who do not have a permanent right to reside in the UK. Their deposit must be from their own resources.

Deposits/gifts from other third parties who are not the seller are acceptable but only if there is no repayment required of the deposit/gift. We will not agree to a second ranking legal charge in favour of that third party, even if the deposit/gift is not repayable.

Gifts from sellers where no repayment is required will be treated as an incentive and this will affect the purchase price and/or the maximum that we will lend.

Nationwide Building Society Issuing Office
For example:
If the balance of the purchase price is being paid wholly or in part by anyone other than the borrower, you must advise us of the amount and whether it is to be secured by a second charge and if any conditions are attached to it other than repayment upon sale of property. Please also confirm whether the provider is a family member of our borrower(s).

If all or part of the deposit is coming from a gift, you must ask the borrower(s) who will be providing the gift and what country the gift is being received from. If any of the gift is coming from a foreign country, you must inform us.

We require you to report to us where source of deposit is identified as being a crypto-asset (whether or not converted to fiat currency). Crypto-assets can include “cryptocurrencies” (such as Bitcoin), utility tokens (unregulated Crypto-assets usually issued as part of an ICO/ITO) asset tokens including “stable coins” (asset-backed coins with a value pegged to a physical asset of some kind) and security tokens.
Nedbank Private Wealth Ltd You must refer to us.
New Street Mortgages New Street Mortgages, PO Box 4761, Maidenhead, SL60 1HW. Tel: 0333-300-3100, Fax: 0333-300-3132, email: enquiries@newstreetmortgages.com
NRAM Ltd See 1.11a
Paragon Buy to Let Mortgages As 1.11a.

We do not consent to second charges.

The balance of the purchase price must pass through your client account.
Paragon Residential Owner-Occupied Mortgages As 1.11a. We do not consent to second charges. The balance of the purchase price must pass through your client account.
Paratus AMC Ltd We do not require you to report a gifted deposit where you are satisfied that the following conditions are met: The gift is from an immediate family member(s), who confirms it is not repayable; The family member(s) must be a birth/blood relative, spouse or civil partner, child, step-child, adopted child, in-law or co-habitee of one of the borrower(s) and must not be the Seller of the property to be mortgaged.
A Deed of Trust or Second Charge to protect the gifted deposit is not acceptable. Written confirmation that the gift is not repayable must be obtained from all parties and retained on your file . Clear bankruptcy searches must be obtained against each party.
Gifted deposits from outside the UK will not be considered.
You should report any other circumstance where the balance of purchase price is not being provided in accordance with Part 1 to New Business Department, Foundation Home Loans, 5 Arlington Square, Downshire Way, Bracknell, RG12 1WA
Email: FHL@foundationhomeloans.co.uk
Tel: 01344 770 8033
Parity Trust As 1.7
Pepper Money Pepper Money Completions Department Tel No. 0333 370 1101 or email
lendingenquiries@pepper.money
Pepper Money (PUK) Pepper Money Completions Department Tel No. 0333 370 1101 or email
lendingenquiries@pepper.money
Perenna Where the deposit has been gifted by a third party, you must obtain a gifted deposit declaration in our standard form from the donor to confirm the deposit is a non-refundable and an unconditional gift and that the third party is not claiming interest and will not claim interest in the property.

A signed copy of the declaration must be held by you prior to completion.

Where the gifted deposit is not being provided by a family member, please contact our Mortgage team by either telephone: 0330 341 2013 or Email: conveyancing@perenna.co.uk

In all cases, you should look to confirm the source of the funds and source of wealth for the amount being gifted through documentary evidence supplied by the donor, along with proof of ID in their name.

This applies equally to new mortgages and remortgages. Applicants for remortgages who have an existing charge securing a gifted deposit must redeem the charge upon completion of their remortgage.

A back-to-back purchase occurs where a Perenna customer is purchasing from a
third party who has purchased the property within the last 6 months at a
discounted/lower purchase price.

A back-to-back remortgage occurs when an applicant purchases or exchanges
contracts at a given price, and then attempts to undertake a re-mortgage with a
lender at an enhanced current value, within 6 months of the original transaction.

Perenna will only lend on back-to-back transactions by exception. Typical
exceptions for a back-to-back transaction would be scenarios such as probate or
purchase/sale by a developer.
Platform (a trading name of The Co-operative Bank p.l.c.) Refer to office issuing Mortgage Instructions - this is subject to any overriding terms of the Mortgage Offer.
Precise Mortgages (Charter Court Financial Services Ltd) Source of Deposit

The deposit should come from the Borrower’s own resources without recourse to additional borrowing.
In respect of a Limited Company Buy to Let, we will accept director loans as part of the balance of the purchase price.
A non-interest bearing director loan is acceptable to us provided that:
• the individual is transferring a current/purchasing a new property into a company structure;
• purchase price is at full market value;
• the individual providing the director loan is a shareholder within the business;
• they are investing in the company by way of a directors loan and it will be included in the subsequent company accounts;
• the difference between the mortgage and the purchase price is covered by the director loan

Please contact the Completions Team to advise of any additional circumstances surrounding directors loans.

Gifted Family deposit

Where there is a gifted family deposit of £20,000 or less, you must obtain and send to us a deed of gift form or letter, addressed either to you, or to the borrower’s solicitors in a separate representation case, and signed by the deposit giver/each individual family member(s) gifting the deposit which confirms the following information:

• The name and address of the family member gifting the deposit
• Their relationship to the borrower(s)
• The name and current address of the borrower(s)
• The address of the property being purchased
• The amount being gifted and the source of the funds
• That the gift is not repayable and the family member(s) providing the gift will not acquire an interest in the property
• The letter must be dated within the 3 months before completion

For gifts in excess of £20,000, we will have typically obtained a deed of gift form or letter before issuing the mortgage Offer. For any such gifts you report to us, of which we were unaware prior to issuing the Offer, we will confirm any further requirements to you once you have reported the gifted deposit.

In all cases, the deposit giver(s) must be resident within the UK or EEA and will not acquire a proprietary interest in the property, or any right to reside in it, and you must ensure clear bankruptcy searches are carried out against the borrower and all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches. You must also ensure that any appropriate deed of gift indemnity insurance is put in place. You must continue to report a gifted deposit from a family member who is also the Vendor.

Principality Building Society We do not require you to report a gifted deposit subject to you being satisfied that the following conditions are met:
The gift is from a family member(s), who confirms it is not repayable. You must report a gifted deposit from a family member who is also the Vendor.
Gifts from unrelated third parties, including friends and employers are not acceptable.
A family member is defined as;
• spouse, mother, father, brother, sister, child, grandparent, grandchild or legal guardian
Where a gifted deposit is acceptable you must obtain, and retain, on your file a letter, addressed to you, from the “giftor(s)” which confirms the following information;
• The name and address of the family member gifting the deposit
• Their relationship to the borrowers(s)
• The name and current address of the borrower(s)
• The address of the property being purchased
• The amount being gifted and the source of the funds
• That the gift is not repayable and the family member(s) providing the gift will not acquire an interest in the property.
You must ensure clear bankruptcy searches are carried out against the borrower and all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches.
You should continue to report any other circumstance where the balance of the purchase price is not being provided in accordance with part 1 and in doing so must wait for our written instructions prior to proceeding. Please write to:-

As at 1.7:
Mortgage New Business
PO Box 89
Queen Street
CARDIFF
CF10 1UA
0330 333 4021
Reliance Bank Ltd mortgages@reliancebankltd.com or
0207 398 5422 - Option 1 Discuss New Lending/Option 2 Discuss existing Reliance Bank Mortgage
Rooftop Mortgages Ltd The address and contact details shown on the mortgage offer.
Saffron Building Society Mortgage Processing Team
Saffron Building Society, Saffron House, 1A. Market Street, Saffron Walden, Essex. CB10 1HX

Mortgage.processing@saffronbs.co.uk
Telephone 01799 582966
Fax 01799 581901
Sainsbury's Bank Contact point as detailed in 1.11a.
Santander UK plc Subject to any specific provisions of the mortgage offer refer to Mortgage Operations office instructing you.
Scottish Building Society  
Scottish Widows Bank We do not require you to report a gifted deposit subject to you being satisfied that the following conditions are met:
The gift is from an immediate family member(s), who confirms it is not repayable. Gifts from unrelated third parties, including friends and employers are not acceptable. You must report a gifted deposit from a family member who is also the Vendor. We do not accept family gifted deposits in Buy to Let transactions where the Vendor is a family member
The family member(s) must be related to one of the borrower(s) by any of the following (see also the definition in Part 1 , paragraph 1.13);
• birth/blood relative
• spouse or civil partner, child, step children, adopted children and in-laws
• A co-habitee
A Deed of Trust or Second Charge to protect the gifted deposit is not acceptable.
Where a gifted deposit is acceptable you must obtain and retain on your file a letter, addressed to you, from each individual family member(s) gifting the deposit which confirms the following information;
• The name address of the family member gifting the deposit
• Their relationship to the borrowers(s)
• The name and current address of the borrower(s)
• The address of the property being purchased
• The amount being gifted and the source of the funds
• That the gift is not repayable and the family member(s) providing the gift will not acquire an interest in the property.
You must ensure clear bankruptcy searches are carried out against the borrower and all parties contributing to the balance of the purchase price. You must notify us if you cannot obtain clear searches.
You should continue to report any other circumstance where the balance of the purchase price is not being provided in accordance with part 1 and in doing so must wait for our written instructions prior to proceeding. Please write to our Customer Services Centre (see offer for address and fax number).
Secure Trust Bank PLC As 1.11
Skipton Building Society (i) Completions Team via LMS Secure Link
(ii) Commercial Servicing Team
St James Place Bank Mortgage Administration, St James's Place Bank, Administration Centre, PO Box 1869, Livingston EH54 7XS
State Bank of India UK As 1.11a.

We will not consent to second charges.

It is expected that the borrower will provide the deposit from his/her own funds.
Swansea Building Society 11/12 Cradock Street
Swansea
SA1 3EW
01792 739100
The Mortgage Business The Mortgage Business, PO Box 548, Leeds LS1 1WU. Fax no. 0845 6039009
The Mortgage Lender Limited completions@themortgagelender.com

Tel: 0344 257 0426
We will not consent to a second charge, unless this relates to a Help to Buy Equity Mortgage.
The Mortgage Works We require you to report to us where source of deposit is identified as being a crypto-asset (whether or not converted to fiat currency). Crypto-assets can include “cryptocurrencies” (such as Bitcoin), utility tokens (unregulated Crypto-assets usually issued as part of an ICO/ITO) asset tokens including “stable coins” (asset-backed coins with a value pegged to a physical asset of some kind) and security tokens
The Royal Bank of Scotland plc Deposits and gifts from parents and guardians are acceptable. We will agree to a second ranking change in favour of the parents/guardians.
Any monthly cost (including any interest payable in relation to the gift/deposit) relating to the repayment of the gift/deposit will be included in the affordability calculation.

This does not apply to foreign nationals who do not have a permanent right to reside in the UK. Their deposit must be from their own resources.

Deposits/gifts from other third parties who are not the seller are acceptable but only if there is no repayment required of the deposit/gift. We will not agree to a second ranking legal charge in favour of that third party, even if the deposit/gift is not repayable.

Gifts from sellers where no repayment is required will be treated as an incentive and this will affect the purchase price and/or the maximum that we will lend.

The Royal Bank of Scotland plc Direct Line Mortgages Deposits and gifts from parents and guardians are acceptable. We will agree to a second ranking change in favour of the parents/guardians.
Any monthly cost (including any interest payable in relation to the gift/deposit) relating to the repayment of the gift/deposit will be included in the affordability calculation.

This does not apply to foreign nationals who do not have a permanent right to reside in the UK. Their deposit must be from their own resources.

Deposits/gifts from other third parties who are not the seller are acceptable but only if there is no repayment required of the deposit/gift. We will not agree to a second ranking legal charge in favour of that third party, even if the deposit/gift is not repayable.

Gifts from sellers where no repayment is required will be treated as an incentive and this will affect the purchase price and/or the maximum that we will lend.

The Royal Bank of Scotland plc Direct Line One As detailed above in 1.11a.
The Royal Bank of Scotland plc First Active Deposits and gifts from parents and guardians are acceptable. We will agree to a second ranking change in favour of the parents/guardians.
Any monthly cost (including any interest payable in relation to the gift/deposit) relating to the repayment of the gift/deposit will be included in the affordability calculation.

This does not apply to foreign nationals who do not have a permanent right to reside in the UK. Their deposit must be from their own resources.

Deposits/gifts from other third parties who are not the seller are acceptable but only if there is no repayment required of the deposit/gift. We will not agree to a second ranking legal charge in favour of that third party, even if the deposit/gift is not repayable.

Gifts from sellers where no repayment is required will be treated as an incentive and this will affect the purchase price and/or the maximum that we will lend.

The Royal Bank of Scotland plc Natwest one Account Deposits and gifts from parents and guardians are acceptable. We will agree to a second ranking change in favour of the parents/guardians.
Any monthly cost (including any interest payable in relation to the gift/deposit) relating to the repayment of the gift/deposit will be included in the affordability calculation.

This does not apply to foreign nationals who do not have a permanent right to reside in the UK. Their deposit must be from their own resources.

Deposits/gifts from other third parties who are not the seller are acceptable but only if there is no repayment required of the deposit/gift. We will not agree to a second ranking legal charge in favour of that third party, even if the deposit/gift is not repayable.

Gifts from sellers where no repayment is required will be treated as an incentive and this will affect the purchase price and/or the maximum that we will lend.



The Royal Bank of Scotland plc One Account Deposits and gifts from parents and guardians are acceptable. We will agree to a second ranking change in favour of the parents/guardians.
Any monthly cost (including any interest payable in relation to the gift/deposit) relating to the repayment of the gift/deposit will be included in the affordability calculation.

This does not apply to foreign nationals who do not have a permanent right to reside in the UK. Their deposit must be from their own resources.

Deposits/gifts from other third parties who are not the seller are acceptable but only if there is no repayment required of the deposit/gift. We will not agree to a second ranking legal charge in favour of that third party, even if the deposit/gift is not repayable.

Gifts from sellers where no repayment is required will be treated as an incentive and this will affect the purchase price and/or the maximum that we will lend.


The Royal Bank of Scotland plc Virgin One Deposits and gifts from parents and guardians are acceptable. We will agree to a second ranking change in favour of the parents/guardians.
Any monthly cost (including any interest payable in relation to the gift/deposit) relating to the repayment of the gift/deposit will be included in the affordability calculation.

This does not apply to foreign nationals who do not have a permanent right to reside in the UK. Their deposit must be from their own resources.

Deposits/gifts from other third parties who are not the seller are acceptable but only if there is no repayment required of the deposit/gift. We will not agree to a second ranking legal charge in favour of that third party, even if the deposit/gift is not repayable.

Gifts from sellers where no repayment is required will be treated as an incentive and this will affect the purchase price and/or the maximum that we will lend.


The Tipton & Coseley Building Society Mortgage Department.
Together Personal Finance Limited Contact point as detailed in 1.11a above.
Topaz Finance Ltd Topaz Finance Limited
Gateway House, Gargrave Road,
Skipton,
North Yorkshire,
BD23 2HL
0345 389 1672
TSB Bank plc Mortgage Processing. Please see 1.11a
Ulster Bank As 1.11a

If the customer is receiving a gift from a third party (not sellers/vendors) we confirm we are happy to proceed without a further request from you provided that the gift is unconditional, bears no interest, is not repayable and the giftor will have no interest in the property.

We accept second charges to protect the giftors interest provided we have a fully enforceable first legal charge (with a deed of postponement in place if applicable) and there are no repayments relating to the second charge. Again, no additional request is required from you in this instance. We confirm that no additional borrowing will be granted without prior consent from the second charge holder. Please kindly report any repayments.
Vida Homeloans As 1.11a
Virgin Money Mortgage Processing
Operations
Virgin Money
Jubilee House
Gosforth
Newcastle upon Tyne
NE3 4PL

or DX 60350 Gosforth

Solicitors Helpline: 0845 604 4858
Whistletree (a trading name of TSB Bank plc) Details as 1.11a
Yorkshire Bank Home Loans Ltd Mortgage Services
PO BOX 3105
Clydebank
Glasgow
G60 9AU
Tel - 0800 121 4203
Yorkshire Building Society As 1.11a.
Zephyr Homeloans As per 1.11