Gifted Deposit ILAIndependent Legal Advice for Gifted DepositsLenders require confirmation that a gifted deposit is a genuine gift, not a loan, and that the donor will not have any rights over the property. OURMISSION What We ConfirmThe funds are a genuine giftNo repayment is expectedThe donor will not have ownership rightsThe gift is voluntary and unconditional OURMISSION Who Needs ThisParents gifting funds to childrenFamily members supporting a purchaseAnyone providing financial assistance for a property purchase