Can I have money from a home sale sent directly bu soliicitors to a joint savings account?

curiouscat91

Can money obtained from a home sale ( joint mortgage) get sent by solicitors directly into our joint savings account? We don’t have a joint current account. I have given my partner’s sole account for now do you think solicitors will have any issues with depositing it into a sole account? We don’t really mind where it goes. But we don’t have a joint current account only a joint savings one.

thanks

user1977

Is it an account which accepts deposits from third party accounts? Some are linked to a specific eg current account for any payments.

As for whether your solicitor will pay to a sole account, you’d need to ask them. In principle they can but some will insist on paying to a joint account (or splitting it - do you each have sole accounts?).

curiouscat91

user1977 said:

Is it an account which accepts deposits from third party accounts? Some are linked to a specific eg current account for any payments.

As for whether your solicitor will pay to a sole account, you’d need to ask them. In principle they can but some will insist on paying to a joint account (or splitting it - do you each have sole accounts?).

Is it an account which accepts deposits from third party accounts? Some are linked to a specific eg current account for any payments - how to find it out? I would like to think it does it does have its own sorr code, account name and number 

curiouscat91

user1977 said:

Is it an account which accepts deposits from third party accounts? Some are linked to a specific eg current account for any payments.

As for whether your solicitor will pay to a sole account, you’d need to ask them. In principle they can but some will insist on paying to a joint account (or splitting it - do you each have sole accounts?).

Sorry, forgot to reply to the last Q - yes we both have current sole accounts.

user1977

curiouscat91 said:

user1977 said:

Is it an account which accepts deposits from third party accounts? Some are linked to a specific eg current account for any payments.

As for whether your solicitor will pay to a sole account, you’d need to ask them. In principle they can but some will insist on paying to a joint account (or splitting it - do you each have sole accounts?).

Is it an account which accepts deposits from third party accounts? Some are linked to a specific eg current account for any payments - how to find it out?

By reading the conditions for your account? You haven't told us what it is, so we can't advise you from here. But if it e.g. was one which only accepted deposits from a linked current account, that ought to have been made clear to you when you opened it.

35har1old

curiouscat91 said:

user1977 said:

Is it an account which accepts deposits from third party accounts? Some are linked to a specific eg current account for any payments.

As for whether your solicitor will pay to a sole account, you’d need to ask them. In principle they can but some will insist on paying to a joint account (or splitting it - do you each have sole accounts?).

Sorry, forgot to reply to the last Q - yes we both have current sole accounts.

Actually banks would prefer cheques being paid into each account because they have to also run checks to satisfy themeselves where the money originated from and it is much easier to do this in person

35har1old

user1977 said:

curiouscat91 said:

user1977 said:

Is it an account which accepts deposits from third party accounts? Some are linked to a specific eg current account for any payments.

As for whether your solicitor will pay to a sole account, you’d need to ask them. In principle they can but some will insist on paying to a joint account (or splitting it - do you each have sole accounts?).

Is it an account which accepts deposits from third party accounts? Some are linked to a specific eg current account for any payments - how to find it out?

By reading the conditions for your account? You haven't told us what it is, so we can't advise you from here. But if it e.g. was one which only accepted deposits from a linked current account, that ought to have been made clear to you when you opened it.

The above usually applies to savings accounts