Money Gift Letter Sample. Most prospective homebuyers generally don’t have the required amount of money to pay for the whole down payment when purchasing a home and for this, they may choose to seek the assistance of family members to. If the gift is an inheritance then the person gifting you the money will need a letter from a solicitor confirming the amount sent to you from the probate estate.
Nephew, son), (name of person receiving gift) the sum of £(gift amount) in order to purchase (address of new property) I/we confirm that these monies are not repayable and that i/we will haveno recourse to the property. Letter of gifts are important.
Mortgage deposit gift letter notes.
From deep down in my heart, i would like to thank you so much for your generous gift. Before finalizing the letter, check with your lender to make sure that it includes all information the bank requires, such as evidence of the donor’s ability to provide these gift funds. For your convenience, there will be a donation can on the break room table. To whom it may concern, this letter confirms that the undersigned is making a financial gift of $ _____ to: