Applied for a Save to Buy mortgage with Nationwide and - in anticipation of this - recently transferred the contents of several ISAs I held with Barclays into my Save to Buy account.
The mortgage adviser said there is a possibility the underwriters might want to see a paper trail as to where that money came from.
However, the adviser said she didn't know exactly what information they would request, as it's usually done on an "ad hoc" basis.
I assume they might want to see some bank statements showing how these savings were built up and where they were transferred from. If so, should six months of statements suffice, you think?
I've got four months at home. So, to fill in the gaps, will I need to go to my Barclays home branch to request copies or can I go to anyone?
I'd like to have this information to hand, just in case they do request it, as I'm going to be out of the country for several days next week and will get my partner (who I jointly applied with) to send them to Nationwide (if requested) in my absence.
Hope that makes sense.
The mortgage adviser said there is a possibility the underwriters might want to see a paper trail as to where that money came from.
However, the adviser said she didn't know exactly what information they would request, as it's usually done on an "ad hoc" basis.
I assume they might want to see some bank statements showing how these savings were built up and where they were transferred from. If so, should six months of statements suffice, you think?
I've got four months at home. So, to fill in the gaps, will I need to go to my Barclays home branch to request copies or can I go to anyone?
I'd like to have this information to hand, just in case they do request it, as I'm going to be out of the country for several days next week and will get my partner (who I jointly applied with) to send them to Nationwide (if requested) in my absence.
Hope that makes sense.