I had to show where my deposit was coming from (i.e. declaration from parents that no strings were attached) to satisfy the mortgage lenders. My parents had to show where the money they were gifting me came from to satisfy the ant-laundering rules.
As things were being done on the hurry-up I asked what the consequences of getting the cash from other sources might be, and was firmly told that the lender would remove the mortgage offer.
This was in 2009, a few years before (2005-6ish) I lent a friend a few thousand quid to get her over the deposit threshold. No questions were asked at all. Don't know if anything changed in-between or if it just depends on who the lender is.
I had to show where my deposit was coming from (i.e. declaration from parents that no strings were attached) to satisfy the mortgage lenders. My parents had to show where the money they were gifting me came from to satisfy the ant-laundering rules.
As things were being done on the hurry-up I asked what the consequences of getting the cash from other sources might be, and was firmly told that the lender would remove the mortgage offer.
This was in 2009, a few years before (2005-6ish) I lent a friend a few thousand quid to get her over the deposit threshold. No questions were asked at all. Don't know if anything changed in-between or if it just depends on who the lender is.