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Specialized MortgagesGifted Deposit Declaration Form This form should be completed for all applications that involve a gifted deposit. Any gifted deposit must have originated within the UK. Full Name
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How to fill out gifted deposit declaration form

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Step 1: Start by downloading the gifted deposit declaration form from the official website.
02
Step 2: Fill in the personal information section, including your name, address, and contact details.
03
Step 3: Indicate the property details, such as its address and any relevant documents or contracts involved.
04
Step 4: Specify the gifted amount and the details of the person or organization providing the gift.
05
Step 5: Include the declaration statement where you attest that the information provided is accurate to the best of your knowledge.
06
Step 6: Sign and date the form to confirm its authenticity.
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Step 7: Submit the completed form to the appropriate authority or party as instructed.

Who needs gifted deposit declaration form?

01
The gifted deposit declaration form is typically required by individuals who are receiving a financial gift from a family member, friend, or other benefactor to use as a deposit towards purchasing a property.
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Gifted deposit declaration form is a document used to declare that a deposit for a property purchase has been gifted from a family member or friend.
The individual who has received a gifted deposit for property purchase is required to file the gifted deposit declaration form.
The gifted deposit declaration form can be filled out by providing details of the gift giver, amount of the gift, relationship to the recipient, and other relevant information.
The purpose of the gifted deposit declaration form is to provide transparency about the source of funds for a property purchase and to ensure compliance with regulations.
Information such as the gift giver's details, amount of gift, relationship to the recipient, and confirmation that the gift is non-repayable must be reported on the gifted deposit declaration form.
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