Gifted Deposit Independent Legal Advice

Independent Legal Advice Made Simple and Efficient

If you’re providing a gifted deposit to help someone purchase a property, your lender or solicitor may require you to obtain Independent Legal Advice (ILA).

This requirement often arises in conveyancing transactions, particularly when:

• Parents gift money to children to help them secure a mortgage or buy their first home.
• Funds are raised through remortgaging an existing property to provide the deposit.
• A financial gift is made to a partner or family member to help them purchase property.
• Large sums are transferred to meet deposit requirements, raising lender concerns about future claims or obligations.

For lenders and solicitors, it’s about satisfying their duty of care to ensure the gift is genuinely unconditional and the person gifting the money fully understands that they will have no legal interest in the property being purchased.

However, we know that in most cases, you already know exactly what you’re doing, and this can feel like an unnecessary step when you’re simply helping a loved one. That’s why ILA-Connect is here—to make the process as affordable, quick, and hassle-free as possible.

Why Choose ILA-Connect?

We are experienced in handling gifted deposit cases and work with most major lenders and solicitors in the UK. With a streamlined process designed to minimise delays, we ensure you receive your ILA certificate promptly.

What Documents Do You Need to Provide?

To complete your ILA, we’ll need the following:

• Deed of Gift, Gifted Deposit Declaration, or similar document confirming the gift.
• Mortgage Offer (where relevant).
• Two forms of ID for each individual:
  • One photographic ID (e.g., passport or driving license).

One address-based ID (e.g., a utility bill or bank statement dated within the last 3 months).

How Does the Process Work?

• Book your appointment under the Gifted Deposit category on our website.
• Email the required documents to your chosen solicitor.
• Attend a short Zoom meeting to receive your legal advice.
• Receive your signed certificate or declaration promptly.

Why ILA-Connect?

We understand that this process can feel like just another box to tick when you’re simply trying to help someone purchase a property. But the reality is that lenders often impose these requirements to protect themselves rather than you.

At ILA-Connect, we focus on making your Independent Legal Advice process as straightforward, cost-effective, and professional as possible—ensuring you can meet these requirements with minimal inconvenience.

Book your appointment today and let us take care of the rest!