I would be thankful in advance if some seniors can guide me in this regard;
I need to show third party funding. My uncle is giving me and my cousin letter for funding as third party to start the business in UK, bank statement having funds, financial institution letter in name of my uncle, not in name of us, a legal representative (Lawyer) letter giving details of us and my uncle.
I wanna ask;
1.
Do we need the documents in duplicate (2 Copies of each document for each applicant) to apply or we both (Me and My Cousin) can apply on the single set of documents as team members?
2.
Banks are not willing to write down my and my cousin's name on the financial institution letter as they say, "you are not our customers", which they say right of course and even bank does not know us. In this case would the financial institution letter would be sufficient in name of my uncle saying that Mr. XXX (my uncle not us) can dispose off his money (£200,000) in UK?
I Would be very grateful to you if you kindly help me out in this scenario by giving me useful information.
Kindest Regards,
Naeem
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