20/08/2026
Can anyone gift you a deposit?
The answer isâŚnot always đŹđ
Many lenders will accept a gifted deposit from an immediate family member, such as parents or grandparents, but every lender has their own criteria. Some are happy to consider gifts from other relatives, while others may have stricter rules.
Whoever the gift comes from, theyâll usually need to confirm that the money is a genuine gift, not a loan, and provide evidence of where the funds have come from.
It might sound like a small detail, but getting this right from the start can help avoid delays with your mortgage application.
If youâre using a gifted deposit and youâre not sure what your options are, itâs always worth checking before you apply.
Have you been gifted a deposit, or are you planning to help a family member onto the property ladder? Let us know in the commentsđ
*Your home may be repossessed if you do not keep up repayments on your mortgage.
*You may have to pay an early repayment charge to your existing lender if you remortgage.