How would you get a HL S&S 3 month statement? Is it even necessary?

Nine_Lives

Story short, the solicitor has been made aware of all my brothers accounts - all current accounts, his cash ISA & his eSaver, as well as his HL S&S ISA.

He received a letter from HMCS stating the following (& i quote...):

For each account held ONE of the following items are required:
* Certified copies of Bank Statements covering most recent 3 months
* Certified copies of Building Society pass boooks showing transactions for the last 3 months
* Certified copies of Building Society statements showing transactions for the last 3 months.

He has current accounts with Nationwide, Santander & Halifax - they should be simple enough to get statements for.

Although HMCS are wanting this information by 19/12/12. The way banks seem to make you wait, it's not giving a lot of time - as the statements have been paperless.

Q1: How would he even get a statement for his Santander eSaver?
Q2: How would he get a 3 month statement for his HL S&S ISA? Especially a "certified" statement?

More to the point, would this one even be required? Am i right in thinking that Hargreaves Lansdown are not a "Bank" nor a "Building Society"?
This isn't a case of being awkward - they've been informed of all accounts held, as per their original question. My understanding is that HL isn't a bank or building society though, so a statement wouldn't need to be provided, although it would for every other account (inc. eSaver) mentioned??

Problem is, for the last 3 months he's had £2,500 in his Santander Preferred current account, as this was my money & i'd maxed out my 2 account limit. When this whole business with the courts came about, i had to get him to transfer it all back to me, leaving him just £1. Then there's the cycling of £1000 through the account & both Halifax Reward accounts .... wonder how the courts will view that:(

Onawingandaprayer

Nine_Lives wrote: »

Story short, the solicitor has been made aware of all my brothers accounts - all current accounts, his cash ISA & his eSaver, as well as his HL S&S ISA.(

It's good to make the story short, but maybe this is too short. Need to know the overall scenario before commenting on the nitty-gritty.

Nine_Lives

Onawingandaprayer wrote: »

It's good to make the story short, but maybe this is too short. Need to know the overall scenario before commenting on the nitty-gritty.

What would you like to know?

More detail:

He was requested to provide information about the accounts he holds, basically so they know what money he has to his name.

He told them about all his accounts...

Nationwide: FlexAccount & Flexclusive ISA & the amounts in each at the time of asking
Santander: Preferred Current Account, Everyday Current Account & eSaver & the amounts in each at the time of asking (this was after he'd transferred back my £2,500)
Halifax: Solo & Joint Reward Current Accounts & the amount in each at the time of asking.
HL: His holdings, their value at the time of asking, the units held at the time of asking.

He was given a monthly fee which he's required to pay towards his Legal Aid - £568 per month (he gets approx £1000 per month from his wages. At this time of the year it can often be less - around £900. Sometimes it can be more - £1100, but generally no greater than that). Out of this comes his board money, his contribution to the bills, his car running costs to get to work, & direct debits. Off £1000, he'd probably be left with about £100 or so spare. He's been told they're not interested in his bills (direct debits, car running costs etc), they're only interested in his board payments. Yes, don't do the crime if you can't do the time, but at the same time ... innocent until proven guilty & the charge put to him, he's denying.
This week that amount was reduced to £501 i think it was, per month


I'm not sure how this information helps with the question though??

Reaper

Just a thought but could his solicitor certify them? They want it certified to be sure he hasn't just faked a statement in Word. But if he accesses the online statements in his solicitors office and prints them off there and then I see no reason why the solicitor can't sign them to certify they are accurate.

Onawingandaprayer

Sorry, maybe I'm being dim. (Wouldn't be the first time!) But without prying too much, I'm wondering what the overall situation is, ie, why are solicitor's involved? Who's done what to whom?

Nine_Lives

Reaper - not sure tbh. Worth a shout maybe. My brother isn't much of a fan of this solicitor though. For reasons which would have this thread going too far off topic.

Onawingandaprayer - solicitors are involved because my brother is just a mere young adult with no legal knowledge himself. If you're in trouble & you're facing the courts (it's been referred to crown from magistrates) chances are you'll have a solicitor in your corner as you wont be going alone.
Who's done what to whom, i'm sorry, but is irrelevant to the question of the statements & would have this thread drifting wildly off topic & have people judging which really isn't necessary for the question i asked. No offence.



EDIT: Still, no idea about the HL S&S ISA statements though. I mean, you log on, you see your value, but that's it, it's like a bank balance, it's not actually a 'statement'.
All that could however be irrelevant - due to my query about HL being a bank or building society (or not as the case may be) - meaning a statement possibly wouldn't have to be provided for it..??

pmduk

Aren't these questions you should be asking his lawyer? Why jeopardise him by asking in an anonymous internet forum when anybody could answer?

Nine_Lives

I would imagine that the members of MSE would be more familiar with Hargreaves Lansdown & acquiring statements from them than his solicitor.

Just like the members of MSE are often more familiar with a banks/building societies T&Cs of an account than the bank/building society employees themselves - as i've found when being told by one banks employee that you cannot transfer a cash ISA at all (1 example).

This isn't jeapordising him in any way as i'm refusing to go into detail (i.e. off topic) as it gains nothing but to have people judge your situation unnecessarily. I've already been asked about the whos whats whens and whys of the case which are totally irrelevant to my query of getting a statement.

Plus i've asked are HL seen as a bank, building society or neither. The solicitor can be asked, but i'd dare bet he may even reply - who are HL??!

I don't see any issue with asking how you'd go about getting a HL statement or if they're even a bank/BS. It's a perfectly legitimate question.


EDIT: All this is aside from the fact it's a Sunday & he can't contact his solicitor today.

joerugby

HL provide statements every six months. As well as showing investment holdings and values these also show details of all transactions (if any).

You can access and print these by logging on and going to my portfolio / portfolio administration / view my statements

My latest one covers the period May to October 2012 which I imagine might be sufficient for your needs

jimjames

From the sound of your original post I would say that they are not even relevant. HL are an investment manager, they are not a bank and do not have a banking licence.

From their website: client money within the Vantage Service will be spread across a number of banks (meaning HL are not a bank so have to use the services of banks themselves)

http://www.hl.co.uk/investment-services/vantage-service/how-safe-is-your-investment

Once any questions start to relate to investments then you can answer (or he can answer with your assistance) but when asking about bank accounts you do not need to make any mention of HL or S&S ISAs.

If you do need to list them then the answer joerugby gave above will show the valuation twice a year on formal basis.

Nine_Lives

Thanks joe.

He's needing 5th Sept-5th Dec.

Getting them certified for Santander, Halifax & Nationwide shouldn't be a problem. How would you get them certified for HL though?

Even if you log in at the solicitors office & print off there, that doesn't certify them. I'll get him to call HL