MPowered Did you know? We can accept deposits from abroad

Discover our deposits criteria Sources, gifts, proof and more!

Did you hear? Earlier this year we updated our lending criteria, meaning we can now consider deposits from abroad! To keep you in the loop, we’ve outlined some of our key deposit criteria.

We can accept the following sources:

– Savings
– Sale of property or equity release
– Sale of shares
– Inheritance
– Gifted deposits
– Deposits from abroad

(true source evidenced, must be in a UK bank account denominated in GBP £)

Gifted deposits

 We can consider:

– Deposits from family members, including parents, siblings and spouses

– Deposits from abroad

Proof of deposit

We’ll require proof on all applications.

For gifted deposits, we’ll need a ‘gifted deposit letter’

Get In touch to find out more.