Paying by cheque

continualdiamond

This may seem a stupid q to ask but what counts as a personal cheque? Is it just a cheque connected to your bank account?

My searches are nearly all complete and got the final cost i need to pay the solicitors, it said they don't accept personal cheques.

Would i be able to pay by credit card cheque? I paid this way to begin the searches and id like to pay the rest of the money this way as well as my credit card cheques are 0% for 6mths.

Optimist

A personal cheque would be one connected to your personal bank account. I suggest you ask them what an acceptable means of payment would be

ginger_nuts

if they dont accept a personal cheque them they probably wont accept CC cheque but you can ask .
I thought there was a fee for using CC cheques .
how do other people pay ,surely not with cash .

continualdiamond

Thanks for the info, i will ask them, but just wondered in advance if people knew about this way of paying.

If not will pay with credit card and then pay the balance off with the cash back i get from the mortgage lender.

jamminjamaica

why wont they accept a personal cheque? is this normal?

AndrewSmith

Really you need to ask the solicitors themselves. They are the one's who will know for sure.

I would imagine that if they accepted a CCcheque for the searches then it should be OK for the fees also.

xnetco

I think what they mean is a bankers draft.

jamminjamaica

very strange!!

continualdiamond

Sadly mine just says they do not accept personal cheques for completion monies.

They only accept bankers draft or building society cheque, electronic transfer, cash, chip and pin debit card.

Sorry to cause confusion over this, i thought it was something that happened across the board.

ginger_nuts

mine accepted two personal cheques .Mine didnt want paid by electronic transfer . I think your solicitor may have accepted a personal cheque that bounced and dont want to be caught again .You may be able to give a personal cheque in advance ,giving it time to clear .

ABN

continualdiamond wrote:

Sadly mine just says they do not accept personal cheques for completion monies.

When you say completion monies are you talking just solicitor fees or the whole shooting match? They do need to have all the monies in the client account before completion can complete

ginger_nuts wrote:

how do other people pay ,surely not with cash

The most you can pay to a solictor in cash is either £300 or £500 (can't remember which think its £300) because of money money laundering regulations.

[rant mode on]
Off topic but
Did you know you get 14yrs in prision with NO OPTION for early parol for money laundering. Thats more than you would get for mugging/killing an old lady for her pension. Something wrong with the justice system [rant mode off]