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Please help- sold a house and have banking issues

2

Comments

  • mgdavid
    mgdavid Posts: 6,710 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Guys,
    all I’m asking is, is there any reason why the solicitor can’t transfer the deposit into my bank account?
    does it HAVE to be my fathers bank account? My father DOES want it to go into my account if there’s no legal reason it can’t. 

    why do you not believe what a trained and qualified solicitor is telling you?
    Your best option is to follow the advice from Shakin Steve above.
    The questions that get the best answers are the questions that give most detail....
  • Would you agree with me if I told you that everything a trained and qualified person EVER said in the history of mankind was accurate, 100% of the time? 


  • Turns out my best option was to ask a lawyer online, who has confirmed himself and with 2 others that there is no legal reason why it can’t be transferred into my account.

     David, there’s a reason why you shouldn’t take everything you’re told as gospel. 

    Thanks to everyone else 👍🏼
  • mwarby
    mwarby Posts: 2,049 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    There are accounts like cashplus who will take anyone, albeit for about £10 a month, I'd not normally reccomend them but if nobody else will give him an account due to cifas, its maybe not the most terrible option
  • mwarby
    mwarby Posts: 2,049 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    When his cifas marker drops off after 6 years make sure he moves to a free account of some sort though, no point paying for it if you have other options open to you
  • Diamond, cheers bud
  • Robin9
    Robin9 Posts: 12,896 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's not your money that's why - it's your dad's.
    Never pay on an estimated bill. Always read and understand your bill
  • Whatever buddy, has nothing to do with anything 

    cheers to everyone that was helpful. All
    the best 
  • mgdavid
    mgdavid Posts: 6,710 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Turns out my best option was to ask a lawyer online, who has confirmed himself and with 2 others that there is no legal reason why it can’t be transferred into my account.

     David, there’s a reason why you shouldn’t take everything you’re told as gospel. 

    Thanks to everyone else 👍🏼

    Do let us know when you've actually persuaded the solicitor to change his mind and send the money straight to you.
    The questions that get the best answers are the questions that give most detail....
  • ZZaffy
    ZZaffy Posts: 176 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I have sold my house and now the new house purchas is on hold due to coro.  I need to split the amount up between banks to keep the balance under £85,000 per bank for FSCS reasons.  I tried online to open a savings account with Secure Trust Bank, and  I was declined an account.  Any idea why?  Thank you.
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