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.Hi, I'm new to this but need advice. My parents have given me and my brother a substantial cash gift. 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. The gift letter for mortgage should be completed and provided to the conveyancing solicitor along with the gifter's proof of ID, address and proof of funds. As I understand it, a parent can gift £3000 per year to a child free of any IHT liability. A gifted deposit is money handed to someone, usually firsttime buyers, to help them purchase a property. His memorial plaque stands nearby. Pvt.