If you are a buyer completing a check, you might be requested to upload evidence of where your funds are coming from (source of funds).
This is done to satisfy AML's (Anti-money Laundering) due diligence and ensure they have been obtained legitimately.
Below are some examples of documents you can upload to evidence the source of funds
Property Sale: Memorandum of sale
Gift: The donor will complete a check to verify where the gift money originated from
Inheritance: Will statement
Other: Bank statements
ISA: ISA statement
Premium bonds: Premium Bonds statements
Remortgage: Mortgage offer letter
Business funds: Business funds statement
Mortgage: Mortgage offer letter
Sale of asset: Bill of sale or memorandum of sale
Co-buyer funds: The co-buyer will complete a check to verify where their funds originated from
If you have any suggestions or feedback, please email them to us at [email protected]. We're always happy to hear from you! 😊