Simplifying deposit proofs

We're pleased to announce that from Thursday 6 December, we've made it easier to do business by reducing the number of proofs required for evidence of deposit.


  • We no longer ask for proofs for gifts up to £10,000.
  • For gifts between £10,000 and £50,000, we'll only ask for a Confirmation of Gifted Deposit. And for gifts over £50,000, we'll ask for a Confirmation of Gifted Deposit form plus one month's bank statement from the donor.
  • Gifts received more than 12 months ago will now be treated as savings.

Repayment of loan

  • We now accept repayment of loans as deposit funds if repaid more than 3 months ago.

Please visit our website for more information on evidence of deposit.

Policy and product changes

We've also changed our Buy to Let rental stress rates and introduced two new 10 year fixed products available up to 65% LTV, with the option of either 5 or 10 year ERCs.

As a reminder, full details of our policy and product updates are available on our website.