We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Cheque in joint name

I've just added my partner to the mortgage and borrowed a little bit more to pay off debts but we've received the cheque today and it's made payable to us both. As we don't have a joint account (as yet) can I pay this into my account or does it need to paid it into a joint account? I need to pay these debts off asap!!!

Comments

  • Mikeyorks
    Mikeyorks Posts: 10,377 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Needs to be paid into a joint account. If that's not something you intended to do - then have a word with the BS and see if they'll cancel the cheque and fund your account direct - if you explain matters to them. As you've just added your OH to the Mtge - the evidence will be clear to them.

    But I do suspect they'll now decline to advance the funds to a singular account.
    If you want to test the depth of the water .........don't use both feet !
  • Thank you. We're both off work on Monday so now we need to find a good bank to open an account with :)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.