Deposit incentive scheme for non-new build properties (providing the amount is deducted from the purchase price). Where deposit funds are held in an applicant's savings/bank account - evidence of this must be obtained.
Gifted deposit from a family member: cash gifts towards the purchase of a property can be accepted if the individual providing the gift is a family member. By family, we mean a relation by blood or law or if you are in a relationship and co-habiting.
Unacceptable deposit sources
Non-Acceptable Deposits:
Builders/vendors deposits
Gift from non family member
Crypocurrency
Gift of equity from family (concessionary purchase).
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NEW BUSINESS - ACCORD MSO
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