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Daughter sold house, pay proceeds to another

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Comments

  • Money_maker
    Money_maker Posts: 5,471 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    She could open a new account elsewhere. Still sounds suspicious that she wants it in someone elses account.
    Please do not quote spam as this enables it to 'live on' once the spam post is removed. ;)

    If you quote me, don't forget the capital 'M'

    Declutterers of the world - unite! :rotfl::rotfl:
  • Red-Squirrel_2
    Red-Squirrel_2 Posts: 4,341 Forumite
    Tayloriw1 wrote: »
    She is not on benefits or will she be in future its just her accounts Tsb and is worrying about it

    Well that's simple, she can open a new account tomorrow!
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Is she the sole owner or is the property jointly owned with her ex? (why else would they split the money 50/50?)


    But either way, the vendor or joint vendors can instruct their conveyancer to transfer the money to wherever they choose.


    Though as others have said, if the concern is TSB, then change bank account! Tomorrow. Sorted.
  • Tayloriw1
    Tayloriw1 Posts: 26 Forumite
    Yes they were joint owners,, and I will tell her to open another tomorrow as it’s due to go through Wednesday
  • Slithery
    Slithery Posts: 6,046 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    What's wrong with TSB?
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Slithery wrote: »
    What's wrong with TSB?
    Mega IT problems:

    http://www.bbc.co.uk/news/business-44253335
  • need_an_answer
    need_an_answer Posts: 2,812 Forumite
    Ninth Anniversary 1,000 Posts
    edited 28 May 2018 at 5:53PM
    OP in the 5 weeks that TSB have been having problems since the switch of computer systems has your daughter encountered problems with her day to day banking?


    I appreciate there are problems but it doesn't actually have much impact on all customers.

    Then again if she has lost faith in the bank why has she not opened another account somewhere else?

    Switching accounts is very simple nowadays.
    in S 38 T 2 F 50
    out S 36 T 9 F 24 FF 4

    2017-32 2018 -33 2019 -21 2020 -5 2021 -4 2022
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Hang on, they haven't actually said that's the aim! I'm just pre-empting because that seems a likely reason. It could be something innocent like the daughter owing the parents the exact amount of money she'll be getting from the sale, you never know!

    https://forums.moneysavingexpert.com/discussion/6049845/benefits-and-housing

    You may of hit the nail on the head - sorry for the thread resurrection !
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