Fillable Residential mortgages GIFTED DEPOSIT LETTER (Paragon Bank)

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Residential mortgages GIFTED DEPOSIT LETTER (Paragon Bank)

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Residential mortgages
GIFTED DEPOSIT LETTER
I conrm that:
(a) I am gifting (insert applicant’s name in full)
the sum of £ towards the deposit for the purchase of: (please provide the address in full)
(b) The relationship between myself and the above named applicant/s is
(c) This gift is unconditional, non-repayable, I will have no rights nor interest in the property and I will not be residing in the property.
d) IunderstandtheimportanceofseekingindependentlegaladviceandconrmthatIhaveeithersoughtthisadvice,orhadtheopportunityto
do so in this matter.
e) Iconrmthattheoriginalsourceofthegifteddepositis(pleaseprovidefulldetails)
f) My full address is
g) IconrmthatIhaveattachedthefollowingdocumentstothisletter:
(i)Evidenceofthesourceofthegifteddeposit(ii)CertiedphotoIDofmyself(thedonor)
Where the deposit is being gifted by more than one person, a separate gifted deposit letter must be completed by each donor.
For more information on what we do with your personal data, why we do it and what rights you have over that data, including how to make a
complaint to the ICO, visit www.paragonbank.co.uk/data-protection or contact us.
September 2018
Gifted deposit letter
Page 1 of 1
ACORN16795 (06/2018)
PARAGON 51 HOMER ROAD, SOLIHULL, WEST MIDLANDS B91 3QJ
resiunderwriting@paragonbank.co.uk0345 149 7764 www.paragonbank.co.uk
Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number
05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551.
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Residential mortgages GIFTED DEPOSIT LETTER (Paragon Bank)

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Completed 19 April 2021

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