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Completing on a property purchase

4 replies

Icanttakethisanymore · 12/01/2025 20:17

Bit niche but didn’t know where else to put this… if you’ve bought a property recently, did you have to show the paper trail for the actually money transfer? Obviously you needed to show bank statements etc to show you gave the money but did you gave to provide statements to show the money leaving your account etc? We have weird situation where I can’t seem to produce anything between the monthly statements which shows transactions and I’m worried it might cock up the sale… but perhaps they don’t ask?

OP posts:
MidnightPatrol · 12/01/2025 20:19

Show it to whom?

Money goes to solicitor. Solicitor pays buyer / seller.

MuskIsACnt · 12/01/2025 20:21

We completed a purchase in Scotland last year and had to show bank statements showing money in and money out from memory. Ask your solicitor first thing tomorrow.

ThisHangryTiger · 12/01/2025 20:34

When I bought my house in cash I had to show where the money would be coming from and also the origins of that money. I.e. the trust fund when it was set up and the last statement of the trust fund. They need to do due-diligence to ensure it's legitimate.

SnowyIcySnow · 12/01/2025 20:37

We were asked for bank statements right at the start of the process.
The only "proof" of shifting funds for completion was that it showed up in the Solicitors bank account with the correct references.

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