CERTIFIED BANK STATEMENT TRANSLATION: FROM FOREIGN SAVINGS TO UK HOMEOWNERSHIP

At Translations.co.uk, we recently assisted a first-time buyer in successfully translating 12 months of foreign bank statements for their UK mortgage application. Our precise, fast, and Translation Services UK helped the client meet strict AML (Anti-Money Laundering) requirements and secure their property purchase.

Client Name: The Martinez Family
Location: London, United Kingdom
Languages: Spanish (original documents) to English (certified translation)
Financial Context: 12 months of savings statements for “Source of Funds” verification

The Case Study Covers:

• Challenges of high-volume financial document translation for mortgage lenders
• Solutions provided by Translations.co.uk’s Bank Statements Translation Services
• Results achieved, enabling a successful mortgage offer within a tight timeframe
• How professional financial translation removes barriers for international buyers

Client Background

The Martinez family, Spanish nationals living in London, found their first home but faced a significant hurdle. To satisfy UK Anti-Money Laundering (AML) laws, their lender required a clear audit trail of their deposit, which was held in a Spanish high-interest account. They needed 12 months of detailed statements translated and certified to prove the “Source of Funds” before their mortgage offer expired.

Challenges

• High Document Volume: Over 60 pages of technical bank statements required translation.
• Urgent Deadline: The mortgage broker required the documents within 72 hours to prevent the property from going back on the market.
• Technical Jargon: The statements contained complex Spanish banking abbreviations and “Source of Wealth” descriptions.
• Formatting Requirements: The lender’s underwriter needed the English version to mirror the original layout for easy line-by-line comparison.

Solution

• Assigned a senior financial translator specialising in European banking regulations.
• Utilised our Desktop Publishing (DTP) team to ensure the translated document layout perfectly matched the original Spanish statements.
• Offered an expedited 48-hour delivery to ensure the client stayed ahead of the broker’s deadline.
• Provided a fully certified translation recognised by all major UK banks, complete with our official seal and credentials (see our sample page for formatting examples).

Results

• Delivered 62 pages of certified translations in under 48 hours.
• The mortgage underwriter accepted the documents on the first submission without any follow-up queries.
• The client received their formal Mortgage Offer just two days after submission.
• Received positive feedback for the clarity of the financial terminology used, which expedited the legal review.