From 1st July the Council of Mortgage Lenders is integrated into a new trade association, UK Finance. For the time being, all UKF mortgage information will continue to be published on this website, and UKF member-only mortgage information will only be available here.

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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.
Allied Irish Bank (GB), a trading name of AIB Group (UK) Refer to AIB Group (UK) plc, Central Securities (GB)
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 Ireland (UK) plc Case Manager (see front page of the Offer for contact details).
Bank of Ireland as Bank of Ireland Mortgages Case Manager (see front page of the Offer for contact details).
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).
Barclays Bank UK PLC Issuing Office
Barnsley Building Soc, a trading name Yorkshire Building Soc As 1.11a.
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 Plc 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
Capital Home Loans Customer Services, Capital Home Loans Ltd, Admiral House, Harlington Way, Fleet, Hants, GU51 4YA
Chelsea Building Society (a trading name of Yorkshire BS) As 1.11a.
Clydesdale Bank plc Mortgage Services
PO BOX 3105
Clydebank
Glasgow
G60 9AU
Tel - 0800 121 4203
Co-operative Bank plc The Co-operative Bank New Lending, Britannia House, Leek, Staffordshire Moorlands ST13 5RG or The Co-operative Bank New Lending DX16351 LEEK.
Tel No: 08000 288 288
Coutts See 1.11
Coutts Finance Co See 1.11
Coventry Building Society New Lending Department, Godiva House
Binley Business Park,
Harry Weston Road,
Coventry
CV3 2TB
Cynergy Bank As per 1.11.b
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
Earl Shilton Building Society Refer to Mortgage Dept at Head Office - Earl Shilton 01455 844 422
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
DX 30729 EPSOM
Email: loansunderwriting@familybsoc.co.uk
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; 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: 0344 770 8033
Furness Building Society As 1.11a
GE Money Home Lending Ltd GE Money Home Lending has withdrawn from the UK mortgage market.
Godiva Mortgages Ltd New Lending Department, Godiva House
Binley Business Park,
Harry Weston Road,
Coventry
CV3 2TB
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, Mortgage Department, Advances Section.
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
Hodge Life 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 an immediate family member(s), who confirms it is unconditional and not repayable. Gifts from third parties, including friends and employers are not acceptable.

The family member(s) must be related to one of the borrower(s) as defined in Part 1, paragraph 1.13);

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 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, 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.

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 Please contact the member of Banking Legal or PBLO notified to you in the Transaction Instructions.
ITL Mortgages New Lending Department, Godiva House
Binley Business Park,
Harry Weston Road,
Coventry
CV3 2TB
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

This is acceptable with no additional deposit from the Borrower subject to your confirmation that:
(please see Mortgage offer for any further specific conditions):
• it is from an immediate family member (mother, father, sibling, grandparent)
• the amount is a non-refundable gift
• the individual making the gift will have no interest in the property
• appropriate deed of gift indemnity insurance is put in place
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 See 1.11a Legals@landbay.co.uk
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.
Legal & General Home Finance Ltd Same as 1.11a please note, subsequent charges are not permitted.
LendInvest See 1.11a. We will not consent to any second charge.
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 As per 1.11.
Molo Finance 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.
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  
National Counties Building Society Loans Underwriting Department, Ebbisham House, 30 Church Street, Epsom, Surrey KT17 4NL
DX 30729 EPSOM
Email: loansunderwriting@ncbs.co.uk
National Westminster Bank plc 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.
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.
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: 0344 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
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) Completions Team at the address stated on the mortgage offer/instructions.
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
Rooftop Mortgages Ltd The address and contact details shown on the mortgage offer.
Saffron Building Society As 1.11
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
(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
Tesco Bank (a trading name of Tesco Personal Finance plc) Contact point as detailed in 1.11b.

Where a family member has provided an unconditional non-refundable gift, you will find our family gifted deposit consent form available for downloading and completion at www.tescobank.com/mortgages/conveyancers

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 Originations
The Royal Bank of Scotland plc 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.
The Royal Bank of Scotland plc Direct Line Mortgages As detailed above in 1.11a.
The Royal Bank of Scotland plc Direct Line One As detailed above in 1.11a.
The Royal Bank of Scotland plc First Active As detailed above in 1.11a
The Royal Bank of Scotland plc Natwest one Account As detailed above in 1.11a.
The Royal Bank of Scotland plc One Account As detailed above in 1.11a.
The Royal Bank of Scotland plc Virgin One As detailed above in 1.11a.
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 Ltd 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 Mortgages As per 1.11