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Ash, Solicitor
Category: Law
Satisfied Customers: 10916
Experience:  Solicitor with 5+ years experience
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There, I m looking to buy a house and borrowing some deposits

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Hi there, I m looking to buy a house and borrowing some deposits of my 4 cousins. What kind of evidence needed to show the money are not from money laundering? Thank you very much
Hello my name is ***** ***** I will help you.
Source of the funds, i.e. if it was from earnings, bank statements to show where it was saved/transferred. Just a trail really to show where it came from.
Can I clarify anything for you about this today please?
Customer: replied 2 years ago.
How about gift form oversea family member?
You would also need evidence, ie source of funds, bank statements. its exactly the same as if it was money from the UK. The Solicitors have to be satisfied as to the source.
Does that help?
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