Hi, I'm new to this but need advice. My parents have given me and my brother a substantial cash gift.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. Getting a mortgage deposit gift from your parents can help you get on the property ladder. But what are the rules around these gifts? 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 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. A gift letter is an important, formal, legal piece of documentation that can help explain that a (usually rather large) sum of money was gifted to you. While we're stuck indoors, can't go out, and running out of cash.