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Gifted deposit template nationwide

Nationwide gifted deposit form: Fill out & sign online 2026

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The document is a Mortgage Gifted Deposit Form used by Nationwide Building Society, requiring details from both mortgage applicants and the donor providing the deposit. It includes sections for personal information, relationship to the applicants, amount of the gift, and declarations regarding the nature of the gift. The form emphasizes that the deposit is unconditional and non-refundable, outlines privacy considerations, and includes signatures from donors.

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How to use or fill out Nationwide gifted deposit form: Fill out & sign online

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Click ‘Get Form’ to open it in the editor.
Begin by filling in the details of the mortgage applicants. Enter their full names, property address, and ensure the mortgage reference number is accurate.
Next, provide information about the donor(s). Include titles, names, dates of birth, nationality, and current residential addresses.
Indicate your relationship to the mortgage applicants and whether you will be living in the property. Specify the amount of gift and its source.
Review the declaration section carefully. Confirm your understanding of the terms regarding the gift and sign within the designated boxes.
Finally, ensure all fields are completed in block capitals before submitting your form for processing.

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Versions	Form popularity	Fillable & printable
2021	4.8 Satisfied (41 Votes)
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2018	4.3 Satisfied (64 Votes)
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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Which lenders accept gifted deposits?

Not all lenders accept gifted deposits. Some of the lenders that do include Commonwealth Bank, ANZ, Westpac, NAB, Bank of Melbourne, Suncorp, ING, and Macquarie Bank.

How does a gifted deposit work?

As the name suggests, a gifted house deposit is a gift. This means the person giving the money doesnt expect repayment. When you receive a gifted deposit, make sure you can prove the transaction is legal. This is often very easy to do especially if its a mortgage deposit gift from your parents or a friend.

Do Nationwide accept gifted deposits?

A gifted deposit is acceptable provided there are no conditions attached to it. The only exception is where a family member provides the gift and is subject to a second charge or family trust arrangement. The only condition allowed is for the repayment of the charge upon sale of the property.

What are the rules for gifted deposits?

A gifted deposit must be a gift. It cant be a loan and there must be no agreement to pay back the money. In fact, youll need to state in writing that you wont have to pay this money back in the future.

What does a gifted deposit letter look like?

To whom it may concern, I can confirm that I am gifting my child / grandchild / sibling / niece / nephew the sum of as a gifted deposit contribution towards the purchase of a property. This is a non-refundable gift, and does not need to be paid back to me in any way.

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How to get around a gifted deposit?

An alternative to a gifted deposit is a family loan. A loan agreement can state whether interest is payable and either give a specific repayment date or state that the loan must be repaid when the property is sold.

How to get a gifted deposit?

How does a gifted deposit work? Give a gifted deposit letter. Give your conveyancer a letter that confirms the deposit is a gift. Get ID from the person gifting. Your conveyancer may also need proof of identification from the person gifting the money. Get proof of the money.