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Proof of deposit
If any of the funds being used for the deposit have been gifted to the owner(s) we will require a gifted deposit letter to be completed by the giftor.
Any other proof of deposit documentation is only required by Generation Home when requested. The acting conveyancer will always complete thorough checks in regards to the deposit funds.
Where the deposit funds are coming from overseas, documentation will be required and further due diligence checks will be applied.
Where the funds are being received from a High Risk Country, Generation Home may choose not to proceed.
Where the deposit funds are the product of Crypto currency trading, please refer to the acting conveyancer for further guidance on acceptability.