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Proof of funds

  • 24-06-2022 2:08pm
    #1
    Registered Users, Registered Users 2 Posts: 40


    Hi everyone

    I am Just wondering if you didn’t have a mortgage and are working off savings to try and buy a house and an auctioneer is looking for proof of funds,What is the best way of doing this .Do solicitors need to get involved or is it just a case of sending on bank statements.


    thanks in advance



Comments

  • Registered Users, Registered Users 2 Posts: 35,588 ✭✭✭✭o1s1n
    Master of the Universe


    I remember having to do that while closing off a cash only purchase a few years back.

    Just sent them a bank statement showing I'd enough to make the purchase, simple as that really!

    Obviously make sure it's after the sale agreed/towards the end of the sale and you're not showing them your full hand while still making offers.



  • Registered Users, Registered Users 2 Posts: 40 tubs12


    Thanks for your help o1s1n



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