My Reservation - Finance(Mortgage/Help to Buy/Cash): Proof of Funds details - Sale of properties

The Sale of Properties section is relevant to all purchase types (Mortgage/Help to Buy/Cash). Click 'Start' next to this fund to begin. Firstly we will ask how many properties you are selling or have sold to finance this purchase. We will then ask for the status of each property:

- Completed (Cash in your account)
- On the market
- Sold subject to contract (offer accepted)
- Contracts exchanged (legally binding)

The questions for each will change depending on the selection.

Completed (Cash in your account)
If this is selected, we will ask for the amount received from the sale and also ask for a copy of a bank statement to be uploaded that shows the amount invested.

On the market
If this status is selected we will ask for the asking price, the property address and the estate agent company name. We will automatically pull the result from the details entered into the search box or this can also be entered in manually.

Sold subject to contract (offer accepted)
If this status is selected we will ask for the agreed price, the property address and the estate agent company name. We will automatically pull the result from the details entered into the search box or this can also be entered in manually. There is also the option to upload a copy of the memorandum of sale.

Contracts exchanged (legally binding)
If this status is selected we will ask for the agreed price, the property address and the completion date. We will also ask for the estate agent company name, we will automatically pull the result from the details entered into the search box or or this can also be entered in manually. There is also the option to upload a copy of the memorandum of sale.



Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.