• Indemnity Insurance

    By Guest on 27th Jul 2020

    I am in process of purchasing a property, I have a gifted deposit coming from my partner and now the lender is insisting I take out this policy which I will have to, but my solicitor is asking hoe long me and my partner have been together? Is this relevant? Why are they asking this? Is my answer of 20 years going to go against me?

  • 1 Answers

    By NotaryExpress on 28/07/2020

    They are probably asking as part of their firm's policies on Anti-Money Laundering in which they are obliged to ask about the source of funds, why funds are being lent, etc. We advise you are always honest and truthful in your answers.

    www.notaryexpress.co.uk

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