Overview
When completing a Source of Funds submission, you will be asked to explain where your money comes from and upload supporting evidence. The exact documents required depend on the type of funds you are using.
You may be asked to provide up to 12 months of bank statements for the accounts holding your funds, either by connecting your bank account or uploading statements manually.
ℹ️ Further guidance
For full steps on how to complete your Source of Funds submission, see:
What evidence you may need to provide
The evidence required depends on the source of your funds. Below is an overview of each source type and the documentation typically requested.
Click the below sources to find out what evidence is required:
Savings
Savings
You may be asked to provide:
The total amount of savings
Account details
Confirmation of whether any funds came from outside the UK
Your income source (employed, self-employed, retired, or other)
Your annual salary
How income appears on your bank statement
Supporting documents such as a P60 and recent payslip
Up to 12 months of bank statements for the savings account
Mortgage
Mortgage
You may be asked to provide:
The mortgage amount
The property address
The mortgage lender’s name and address
Confirmation of whether any funds came from outside the UK
Confirmation of whether the money has already been received
Investment
Investment
This includes stocks, shares, ISAs, insurance policies, or pensions.
You may be asked to provide:
The type of investment
The amount received
Account details for where the funds were paid
Proof or bill of sale
A bank statement showing the funds being received
Confirmation of whether any funds came from outside the UK
Confirmation of whether the money has already been received
Loan
Loan
You may be asked to provide:
The loan amount
Your bank account details
A bank statement showing the funds being received
A loan letter
The third party’s contact details
Confirmation of whether any funds came from outside the UK
Confirmation of whether the money has already been received
Property Sale
Property Sale
You may be asked to provide:
The amount received
The property address
Confirmation of whether any funds came from outside the UK
Confirmation of whether the money has already been received
Your solicitor or conveyancer’s name and address
Gift
Gift
You may be asked to provide:
The gifted amount
Confirmation of whether the money needs to be repaid
Confirmation of whether the money has already been received
Your bank account details
A bank statement showing the transaction (if required)
A gift letter
The third party’s name, address, and contact details
Inheritance
Inheritance
You may be asked to provide:
The amount inherited
Estate details
The name and address of the executor(s)
A letter from the executor
A bank statement showing the funds being received
Confirmation of whether any funds came from outside the UK
Confirmation of whether the money has already been received
Other source
Other source
If none of the options above apply, you can select Other source and:
Describe where the funds come from
Enter the amount
Provide bank account details
Upload any relevant supporting documents
How you provide bank statements
You can provide bank evidence in one of two ways:
Connect your bank account using Open Banking, which allows Legl to retrieve 12 months of transactions automatically, or
Upload bank statements manually, which will be attached to your submission
Important information
Important:
You can add multiple sources of funds if your money comes from more than one place.
The information you provide is reviewed by your law firm as part of their compliance checks.
Legl cannot make decisions or approve evidence on behalf of your law firm.
If you are unsure what evidence to provide, contact your law firm directly for guidance.