Overview
A Source of Funds submission allows your law firm to understand where the money for your transaction is coming from. This is required by your law firm to meet regulatory obligations, so please provide accurate and detailed information.
You will complete a short questionnaire, add your funding sources, and provide supporting evidence. The process usually takes 5–15 minutes, depending on how many sources you need to add.
Before you start
Before starting your Source of Funds submission, make sure you have:
Access to your Source of Funds request link
Details of how you are funding the transaction
Supporting evidence for each source (for example, payslips, sale agreements, or savings statements)
Access to your bank accounts or bank statements
How to complete your Source of Funds submission
Click each step to find further instructions:
Step 1: Complete the Source of Funds questionnaire
Step 1: Complete the Source of Funds questionnaire
Open your Source of Funds request and click Get started.
Select what best describes your transaction:
Property purchase, or
Other (for example, gifting money).
Enter the total value of the transaction.
For property purchases, enter the purchase price only.
Do not include solicitor fees or Stamp Duty unless your firm has told you otherwise.
Answer the questions about how you intend to fund the transaction (for example, loan, property sale, mortgage, or gift).
Answer any follow-up questions that appear based on your previous answers.
Click Continue to move on to adding your sources.
Step 2: Add your sources of funds
Step 2: Add your sources of funds
You may see suggested sources based on your questionnaire answers.
To add a source:
Find the relevant source type.
Click Add source details.
Enter the amount for that source.
Confirm whether the funds come from outside the UK.
Confirm whether you have already received the funds.
Provide the required additional details (for example, property address or solicitor details).
Upload the required supporting evidence.
Click Save.
Review the progress bar at the top of the page showing how much of the transaction value has been declared.
Repeat these steps until all sources have been added.
ℹ️ Further guidance
Different sources require different evidence. For more information, see:
Step 3: Add bank account evidence
Step 3: Add bank account evidence
Once all sources have been added, you will be asked to show where the funds are held.
Review the page showing whether further bank statement evidence is required.
If you need to edit, add or remove a source, you can click Amend source details.
If needed, select Add bank account details.
Choose one of the following options:
Option A: Connect via Open Banking (recommended)
Click Connect bank accounts.
Select your bank.
Approve the secure connection when prompted.
Choose the relevant account(s).
Remove any accounts that are not relevant.
Click Continue.
Your bank statements will be securely fetched automatically.
ℹ️ Further guidance
Open Banking is a secure way to share your financial data with trusted, regulated providers. For further details, see:
Option B: Upload bank statements manually
Select You can upload bank statements manually.
Upload statements in one of the following formats:
PDF, JPEG, JPG, PNG, GIF, or TIFF
Follow the on-screen steps until the upload is complete.
ℹ️ Important
Even if your provider is not included in the list, you can still add the name of the provider manually and then proceed to '+ Provide account details'.
Step 4: Review and submit
Step 4: Review and submit
Assign each bank account to the correct source.
Review all information carefully.
If needed, click Add another source to include additional funding.
If any funding remains undeclared, you can:
Add another source, or
Provide a comment explaining why it is undeclared.
Click Agree & Submit.
You’ll see a confirmation that the process is complete
Declaring overseas funds
For each source, you’ll be asked if any of the funds come from outside the UK.
If any part of your funds were acquired overseas, select ‘Yes’ so your firm can carry out the right due diligence checks.
ℹ️ Important
Not declaring overseas funds can delay your transaction.
What happens next
After submitting:
You will see an on-screen confirmation that your information has been successfully submitted.
Your law firm will receive your Source of Funds report.
Your law firm will contact you directly if any further information is required or to confirm next steps.
Important information
Important:
All information should be accurate and complete to avoid delays.
If any funds come from outside the UK, you must declare this so your firm can carry out the correct checks.
Legl cannot review or approve your Source of Funds submission. All decisions and follow-up sit with your law firm.