Confirmation Of Gifted Deposit Form

Confirmation of Gifted Deposit

•

Please complete this form in black ink and in block capitals

Mortgage applicant details

Name of mortgage applicant 1

Name of mortgage applicant 2

Address of property to be

purchased

and/or Property name

Postcode

M

Reference number

Donor details

Donor’s full name(s)

Donor’s residential address

and/or Property name

Postcode

Donor’s telephone contact

number(s)

Relationship to the above

mortgage applicant(s)

£

Amount of the gift

Declaration and Signature(s)

I/We confirm that the gifted deposit to the above named applicant(s) towards the purchase of the property stated above is an unconditional and non-refundable gift and I/we

will have no rights or interest in the property whatsoever, OR if the gifted deposit is from a family member and is subject to a subsequent charge or family trust arrangement

where the only condition is repayment of the gift upon the sale of the property I/we confirm that the only condition is that if the property is sold I/we will require the full amount

of gift to be repaid, I/we confirm that no interest is charged, I/we do not require any repayments to be made and I/we will have no other interest or claim upon the property.

I/We understand that I/we may be asked for proof that I/we have the deposit monies available.

If I/we intend to reside in the mortgaged property I/we agree to sign a Consent to Mortgage form (or, if the property is in Scotland, affidavit/consent if applicable) prior to the

mortgage completing*. I/We understand the importance of seeking independent legal advice and have had the opportunity to do so.

* The solicitor for the lender is responsible for obtaining the relevant Consent to Mortgage or consent/affidavit form.

Use of my information

I/We understand that my/our personal documentation provided to support this application (gifted deposit) will be held with all other information relating to this mortgage

application and that the original documentation (excluding this form) will be returned to me/us as soon as possible. If the mortgage applicant(s) requests a copy of their

mortgage application file now or at any point in the future, the personal information I/we have provided may be included in the information that you provide to them.

Donor(s) signature(s)

Signature(s)

PLEASE SIGN WITHIN THIS BOX

Date (please write INSIDE the boxes)

D

D

M

M

Y

Y

Y

Y

Nationwide Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 106078.

Head Office: Nationwide Building Society, Nationwide House, Pipers Way, Swindon, SN38 1NW

P2505 (January 2014)