Gifted Deposit From Friend, But what are the rules around these gifts? We explain all. Gifted deposits can help someone get on the property ladder. Can they just transfer the amount to our account? Hi, my father in law is very kindly gifting us £15k towards our deposit. Worried about protecting a gifted deposit? Our family law solicitors explain how to safeguard family money with relationship agreements. Our advisers are ready to discuss your deposit. Learn about gifted deposits and find our gifted deposit letter template in this guide. Read our guide to find out what a Gifted Deposit is and how you could use it to get your first home sooner. Parents or grandparents often provide a gifted deposit to help the younger generation get on the property ladder. Bank of Mum and Dad requirements, lender documentation, tax implications. It is suggested that a gifted deposit is the best way for first-time buyers to get on the property ladder.

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