F & F letter

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barassic
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by barassic » Sat Jan 13, 2018 10:20 pm
Hi all , a family member has offered to gift me a sum of money to offer a full and final offer. The only worry they have is they do not want to show how much they have in bank. They are happy to provide evidence of utility bill etc , but is this enough ?
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kallis3
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by kallis3 » Sun Jan 14, 2018 8:50 am
You can always get them to blank out totals and just leave the sum they are providing. Make sure your IP knows it is only available for your offer and will be withdrawn if not accepted.
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Foggy
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by Foggy » Sun Jan 14, 2018 10:09 am
As Kallis says -- you can show them a redacted account, but, somewhere along the line it will have to show the balance is sufficient to cover the offer and that it hasn't just appeared out of nowhere.
barassic
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by barassic » Sun Jan 14, 2018 11:07 am
Thanks Kallis / Foggy.
What does redacted mean Foggy ?
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Foggy
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by Foggy » Sun Jan 14, 2018 11:11 am
barassic wrote:
Thanks Kallis / Foggy.
What does redacted mean Foggy ?


Text you do not want to be seen is obscured or blanked out.
barassic
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by barassic » Sun Jan 14, 2018 11:14 am
Thanks Foggy. Apologies if I sounded ignorant.
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Foggy
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by Foggy » Sun Jan 14, 2018 11:17 am
barassic wrote:
Thanks Foggy. Apologies if I sounded ignorant.


No worries and not at all.
barassic
Posts: 39
by barassic » Fri Jan 19, 2018 2:55 pm
Hi all , I have looked at the template for full and final offer but does anybody know a short and sweet version of the letter and what to include ?
barassic
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by barassic » Fri Jan 19, 2018 3:21 pm
Hi all , what do you have to include in your full and final offer letter if you are not using the template ?
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Foggy
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by Foggy » Fri Jan 19, 2018 3:50 pm
The amount offered, the fact it is from a third party and is only for the purposes of a F&F, and, if rejected, the money will be retained by the donor. Reasons, especially if compelling. As some firms are dragging their feet, some put in a clause that they will deduct the amount of regular payments made in the interim.
barassic
Posts: 39
by barassic » Fri Jan 19, 2018 5:07 pm
Thanks once again Foggy
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