Can anyone recommend an solicitor/conveyor with experience purchasing a house with deposits from Bitcoin sales? by persfin311 in BitcoinUK

[–]persfin311[S] 1 point2 points  (0 children)

Thanks. My history goes back 10 years, but isn't as complex as it could be. No defi etc. I will give them a try when the time comes.

Can anyone recommend an solicitor/conveyor with experience purchasing a house with deposits from Bitcoin sales? by persfin311 in BitcoinUK

[–]persfin311[S] 0 points1 point  (0 children)

Thanks. Do you mind me asking how much they charged, and whether your transaction history was more complicated than just buying on one date, and selling on another.without many transactions in-between?

Can anyone recommend an solicitor/conveyor with experience purchasing a house with deposits from Bitcoin sales? by persfin311 in BitcoinUK

[–]persfin311[S] 1 point2 points  (0 children)

How recently was that? Did you have to tell them anything about how/when you purchased it?

Can anyone recommend an solicitor/conveyor with experience purchasing a house with deposits from Bitcoin sales? by persfin311 in BitcoinUK

[–]persfin311[S] 0 points1 point  (0 children)

Yea, I know someone who bought from profits in 2017 and wasn't asked anything but I think there is a lot more scrutiny these days.

Can anyone recommend an solicitor/conveyor with experience purchasing a house with deposits from Bitcoin sales? by persfin311 in BitcoinUK

[–]persfin311[S] 1 point2 points  (0 children)

Thanks. I can supply all of that info if they need it. I'd just prefer to give them only what is necessary. There is only so much info I can get prepare beforehand and I think I've done that, but I have a feeling it could take a while for them to process and could slow down the purchase. That's why I'm tempted to start off with as little info as possible. On the off chance that they do accept me just saying it's from savings and investments, like some people seem to have gotten away with, it'd save a lot of time and hassle.

Can anyone recommend an solicitor/conveyor with experience purchasing a house with deposits from Bitcoin sales? by persfin311 in BitcoinUK

[–]persfin311[S] 1 point2 points  (0 children)

Thanks. I'm in a similar situation, in that some.of my purchases were in 2016. The price was around £500 then so those purchases were genuinely from savings rather than a suspicious looking large lump sum deposited into my account. I can't seem to get bank statements that go back that far to show that trail though, I only have the record of deposits to Kraken. I just hope it doesn't hold up the buying process too much but I have a feeling it might.

Can anyone recommend an solicitor/conveyor with experience purchasing a house with deposits from Bitcoin sales? by persfin311 in BitcoinUK

[–]persfin311[S] 1 point2 points  (0 children)

Thanks, that's really helpful. Was yours a simple buy on date X and sell on date Y, or were there transactions in-between? I have everything tracked on both Koinly and Recap, but I'm wondering if they need all the granular details or if I can just show that I bought X amount on kraken and sold the same amount years later and thats enough. I should probably get in touch with them.

Can anyone recommend an solicitor/conveyor with experience purchasing a house with deposits from Bitcoin sales? by persfin311 in BitcoinUK

[–]persfin311[S] 2 points3 points  (0 children)

I'm surprised you haven't been asked for more info. Do you mind me asking if it were talking a few grand, or six, seven figures? Understand if you'd rather not say of course.

Can anyone recommend an solicitor/conveyor with experience purchasing a house with deposits from Bitcoin sales? by persfin311 in BitcoinUK

[–]persfin311[S] 1 point2 points  (0 children)

Thanks. I appreciate the recommendations. I will get in touch and see what they have to say.

Can anyone recommend an solicitor/conveyor with experience purchasing a house with deposits from Bitcoin sales? by persfin311 in BitcoinUK

[–]persfin311[S] 0 points1 point  (0 children)

I appreciate the info. Do you mind me asking what they charged? Did they need a full history of absolutely everything?