Evidencing Premium Bonds.

Heres_the_deal

We've spent the past six weeks in communication with NS&i attempting to obtain our bond statements . So far we've received numerous bond records (which we can obtain online anyway), and a poorly printed out 'partial' statement with no account, name or address details. Although a complaint with NS&i  is ongoing, it may take a while to obtain what's required.

I'm assuming a bond record showing the bond-number range and value cant be used by the solicitor, or can it?

jon81uk

We sent the solicitor the bond statement from when we originally set them up years ago and it wasn't questioned.

davidmcn

Heres_the_deal said:

I'm assuming a bond record showing the bond-number range and value cant be used by the solicitor, or can it?

If it's got your name on it, I don't see why not. It's your solicitor you need to ask anyway rather than us, there aren't any general rules about this sort of thing.

ChewyyBacca

the thread is in the wrong place.. pls post in ''Saving & Investment''
This is House Buying Renting & Selling

davidmcn

ChewyyBacca said:

the thread is in the wrong place.. pls post in ''Saving & Investment''
This is House Buying Renting & Selling

Although they haven't made it particularly clear, I think they're asking about evidencing source of funds to their solicitor.

princeofpounds

I know some people have had issues with NS&I because the online statements for certain financial instruments do not show addresses. Whether that applies to premium bonds or not I don't know.

Someone I know who had this happen was able to write to NS&I to request a statement of holdings and they replied with something, but it took them a couple of weeks. 

Of course it doesn't cost anything to liquidate premium bonds and move them into a cash account, then back again. But I'm sure that's not hassle you want!

Rural_Puppy

I have previously phoned NS and I and they have sent out a statement showing name address and the value of the premium bonds. I would not be tempted to liquidate them and put in a cash account if you are looking for proof of funds for a house purchase, though. Your solicitor may very well query the source of any recent large amounts credited to your bank account! I would check with your solicitor exactly what it is that they require. Best of luck.

diego_94

You can print stuff online, was good enough for my solicitor.

Heres_the_deal

diego_94 said:

You can print stuff online, was good enough for my solicitor.

You're incredibly fortunate. My solicitor will not accept copies of 'any financial statements' whatsoever. Everything has to come from the banks via post. Its taken me six weeks to obtain one statement from a building society when there should have been eighteen. I've been charged £10 per statement from another building society (twenty two statements) which have still yet to turn up! Now I'm having issues contacting and obtaining the correct documents from NS&i.  I started this journey over two months ago in preparation and, I still only have 20% of what's required: meanwhile the seller is about to pull the plug. The costs are mounting up and I'm still in the same position as I was one day after putting in my offer.

I've seriously considered changing solicitors, but all the ones I contact require the same original documents. So all I'd be doing is going backwards. I'm on the verge of throwing the towel in and accepting I wasn't in the right queue when luck was being handed out.

getmore4less

Sell or buy some or set to reinvest.
You get a written record through post every change. 

Heres_the_deal

getmore4less said:

Sell or buy some or set to reinvest.
You get a written record through post every change. 

We're paperless. However, in light of contact with the solicitor, we now know what is required. But NS&i are struggling to understand the request despite already sending me one-half of one statement with no address on. At least it showed the debit card payments for investment, so its a start. Even if we were to request paper records, NS&i do not send out what's required.
Bond records are not accepted under the watch of this solicitor !