Hi, I'm new to this but need advice. My parents have given me and my brother a substantial cash gift.If part of your mortgage deposit is a gift, the lender may ask for a mortgage gift letter confirming the funds are not a loan. Downloadable template. Could someone please give this the once over? My parents gifted us 24,000GBP to help us meet the financial requirements for the spouse visa. As I understand it, a parent can gift £3,000 per year to a child free of any IHT liability. Here's a sample gift letter you can use to prove that the money is truly meant as an outright gift, with no expectation of repayment. A gifted deposit is money handed to someone, usually firsttime buyers, to help them purchase a property. The letter must explain who is gifting the money, where the donor's funds are coming from and the relationship between the donor and the recipient.