TLDR: The article explains how to add a property sale as a source when purchasing, requiring details like the sale amount used, completion status, law firm name, completion date, and if funds are from outside the UK. After adding, the outstanding balance updates, and you can edit or remove savings. Additionally, you must provide a copy of the sale contract as evidence once the task is completed.
Details of your sale
After selecting to add a source, you will then have the option to select sale of property. When adding a sale, you'll need to provide the following information:
The amount from the sale being used for the new purchase
If the sale has been completed
The name of the law firm acting for you in the sale
The date you completed, or a date you expect to complete
If the funds are coming from outside of the UK
Once you have added the source, you'll see the outstanding balance update to reflect this. If you need to change or remove the savings, please select 'edit' next to it.
Evidencing your sale
If you add a sale as a source, you will be given a new task to provide a copy of the contract for the sale after completing the task.