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Are bank statements required to arrange viewing the property?

3 replies

Romantic13 · 12/06/2023 16:23

Trying to get a viewing. I am a FTB, cash buyer. And the flat I wanted to view is for cash buyers only. But the estate agent asked me to send him my bank statements to prove I had funds. It's very sensitive information to share it. If I see different properties with different agencies, should I sent bank statements to all of them? It's ridiculous! I am not sure I will make an offer after viewing, but already share so sensitive information with so many unknown people.

OP posts:
Cakeandslippers · 12/06/2023 16:25

Sometimes they want to check that you would be able to proceed with the purchase before they'll let you view a property. I think it's normally in places where the market moves quickly and / or to stop people from viewing properties for fun / nosiness. Definitely normal around here though.

gogohmm · 12/06/2023 16:35

If it's strictly cash only they will want you to prove you have funds and aren't wasting everyone's time, you can redact sensitive information

FrenchFancie · 12/06/2023 16:41

I’d always be wary with a ‘cash buyer only property’ as I’d want to know the reason why they can’t have people with mortgages on it - is there something seriously wrong with the property?

as for bank statements, I’d only send them if asked, and I would send copies with sensitive information redacted.

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