Swiss aunt seeking UK bank account for sale of UK house proceeds prior to gifting to relatives.

RonnieRoach

Dear All,

my aunt who is British but now a Swiss national is selling a house she owns in the UK.  She needs a bank account to deposit the money so that she can gift the proceeds to various family members.  Does anyone know of a bank that can provide an account for a non-uk national without having to provide a deposit and proof of salary etc?  I've had a look but can't quite find anything that would be suitable.

Many thanks

RR

km1500

can the solicitor handling the sale help ?

eDicky

Have you looked at the 'offshore' branches of UK banks, in Channel Islands and Isle of Man, who offer accounts to non-UK nationals? There's Santander Jersey for example, also Lloyds, Barclays, HSBC I believe still operate such branches.

RonnieRoach

Thanks for that suggestion, I'll check them out. 

RonnieRoach

km1500 said:

can the solicitor handling the sale help ?

Unfortunately not, already asked. 

eskbanker

RonnieRoach said:

my aunt who is British but now a Swiss national is selling a house she owns in the UK

How has she been handling all the costs (and perhaps income) associated with owning a UK property that she doesn't live in?

Band7

HSBC will probably give her an account. 

xylophone

I am assuming that the sale proceeds will initially be credited to the solicitor's client account.

Could she not give formal instructions to the solicitor to pay the proceeds out  as to ( eg )


50% to

My sister Mary Jane Jones of ....

25%

to my nephew John Brown of.....

25%

 to my cousin Anne Smith of....

wmb194

Possibly with her own bank(s), there must also be options in Switzerland for GBP accounts.

RonnieRoach

eskbanker said:

RonnieRoach said:

my aunt who is British but now a Swiss national is selling a house she owns in the UK

How has she been handling all the costs (and perhaps income) associated with owning a UK property that she doesn't live in?

She bought it for my late mum to live in. Now she's gone, she wants to sell. 

RonnieRoach

xylophone said:

I am assuming that the sale proceeds will initially be credited to the solicitor's client account.

Could she not give formal instructions to the solicitor to pay the proceeds out  as to ( eg )


50% to

My sister Mary Jane Jones of ....

25%

to my nephew John Brown of.....

25%

 to my cousin Anne Smith of....

Apparently not.