Definition
Lenders and conveyancers normally require information about the donor, source of funds, relationship to the buyer and whether the donor expects repayment or an interest in the property. Acceptable donors and documentation differ by lender.
Practical example
A parent may be asked to sign a declaration and provide bank statements showing where the gifted money came from.
Why it matters
Calling a repayable loan a gift can invalidate the lender's affordability and ownership assessment.
Gifted deposit mortgage guideSource and review
Reviewed 16 July 2026. Product criteria and rules can change.
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