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Old 21-07-2017, 11:49 AM
Junior Member
Join Date: Jul 2017
Posts: 1
Default conveyancing info

Just would like some advise on buying a house ? My father who is a pensioner wants to loan me the money so I can buy my first house , all he wants is it back in monthly sums , Now the problem is with the conveyancing I know if you are gifted or have savings you have to prove where the money came from and how it was saved , but as this is a loan will my father have to prove where he got the money from to give me this loan . I'm basically asking this because he is a pensioner and has been retired for many years and it would be very hard for him to prove and I don't want to put to much on him , He can get a bank statement showing the loan money in his account and the agreement of the loan that we will be setting up .
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