paying from multiples accounts into solicitor acc.

MarcoM

Hello,


We have several ISAs which we have filled in order to one day buy a house.


Now my question is do solicitors accept payments from multiple accounts into their own?


The reason I am asking is that if I were to redirect said money into one current account this would mean losing ISA status. I would have to organise the transfer a couple of weeks before then transaction to avoid delays or last minute issues with the banks hence during this time a chain can collapse and so do my ISA wrappers.
Basically I would much prefer to pay out of the individual ISAs via chaps a day or two before exchange.


Thanks

davidmcn

That should be fine.

Tom99

Check the bank will allow a CHAPs payment direct from an ISA or whether it needs to be moved to say your current account first.

anselld

Unlikely that ISA accounts will support CHAPS.
Allow enough time between exchange and completion to do the ISA transfers. Chain cannot collapse after exchange, at least not without someone being held accountable.

MarcoM

ok thanks.
As cash buyer I would make sure all money is in the solicitor accounts anyway before exchange.