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>> People will start asking where your funds are coming from. >This is a weird statement. Not in the UK. Here there's a legal obligation on the conveyancing p
by taffronaut 3y ago
>> People will start asking where your funds are coming from.
>This is a weird statement.
Not in the UK. Here there's a legal obligation on the conveyancing practitioner - which you have to use - to confirm the source of funds for the purchase. They "will ask questions about your salary, request bank statements and ask you to give details of any family inheritances"[1].
[1] https://www.bannerjones.co.uk/your-property/services/buying/online-conveyancing/pages/source-of-funds-check https://www.bannerjones.co.uk/your-property/services/buying/...