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    • Jlawson118
    • By Jlawson118 4th Feb 18, 8:32 AM
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    Jlawson118
    Joint ownership on another Halifax account?
    • #1
    • 4th Feb 18, 8:32 AM
    Joint ownership on another Halifax account? 4th Feb 18 at 8:32 AM
    Shortly before my grandfather passed away a few months ago, he moved his banking to Halifax in which both his current account and savings was joint with my grandma. His name is still on the account now as we've had trouble with the death certificates but the bank are aware of the situation.

    My grandma suggested to me a few weeks ago that she'd like me to become a joint name on this account, as she doesn't have access to the internet and generally wants me to keep an eye on things or have more of an ability to put money in for her or take it out for her etc.

    Although I've just been thinking that I currently have my own Halifax current account, a few savings and credit card which I access through internet banking. Now say I was to then become a joint owner of this other Halifax account, is this going to merge in with my own accounts? Or is there a way to keep the internet banking and everything still separate?
Page 1
    • agrinnall
    • By agrinnall 4th Feb 18, 9:07 AM
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    agrinnall
    • #2
    • 4th Feb 18, 9:07 AM
    • #2
    • 4th Feb 18, 9:07 AM
    Much better to get your grandma to set up a Financial Lasting Power of Attorney with you as one of the attorneys.
    • Dobbibill
    • By Dobbibill 4th Feb 18, 9:42 AM
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    Dobbibill
    • #3
    • 4th Feb 18, 9:42 AM
    • #3
    • 4th Feb 18, 9:42 AM
    As above, LPA is an good option if you need to support to that extent.

    You don't need to be joint account holder to put money into the account.
    She could use the telephone banking service instead.

    If you go down the route of joint accounts, this will show up on your internet banking as it will be an account you are jointly liable for.

    As a side-note, this will also create a financial link and you could both be searched if one of you applies for a new product.
    I'm a Board Guide on the Energy, Student Money Saving, UK Armed Forces and
    Local Money Saving - Wales boards. I'm a volunteer to help the boards run smoothly, and I can move and merge posts there.
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.


    It's not about being the best -
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    • Jlawson118
    • By Jlawson118 11th Feb 18, 12:57 PM
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    Jlawson118
    • #4
    • 11th Feb 18, 12:57 PM
    • #4
    • 11th Feb 18, 12:57 PM
    As above, LPA is an good option if you need to support to that extent.

    You don't need to be joint account holder to put money into the account.
    She could use the telephone banking service instead.

    If you go down the route of joint accounts, this will show up on your internet banking as it will be an account you are jointly liable for.

    As a side-note, this will also create a financial link and you could both be searched if one of you applies for a new product.
    Originally posted by Dobbibill
    My grandma isn't confident in talking on the phone to places like banks or anywhere, unfortunately. I am already joint on her building society savings account but I know they don't show up on credit scores.

    I explained to my grandma though that I don't want to be joint and she understood. My grandad did set up internet banking when he moved over and gave me the details for it, so I just deal with all of that for my grandma
    • PeacefulWaters
    • By PeacefulWaters 11th Feb 18, 1:24 PM
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    PeacefulWaters
    • #5
    • 11th Feb 18, 1:24 PM
    • #5
    • 11th Feb 18, 1:24 PM
    My grandma isn't confident in talking on the phone to places like banks or anywhere, unfortunately. I am already joint on her building society savings account but I know they don't show up on credit scores.

    I explained to my grandma though that I don't want to be joint and she understood. My grandad did set up internet banking when he moved over and gave me the details for it, so I just deal with all of that for my grandma
    Originally posted by Jlawson118
    Don't tell them that if there's ever fraud on the account.
    • Dobbibill
    • By Dobbibill 11th Feb 18, 5:34 PM
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    Dobbibill
    • #6
    • 11th Feb 18, 5:34 PM
    • #6
    • 11th Feb 18, 5:34 PM

    I explained to my grandma though that I don't want to be joint and she understood. My grandad did set up internet banking when he moved over and gave me the details for it, so I just deal with all of that for my grandma
    Originally posted by Jlawson118
    That shouldn't be accessible now since your Grandad's passing unless it's your Grandmother's internet banking log in details.
    I'm a Board Guide on the Energy, Student Money Saving, UK Armed Forces and
    Local Money Saving - Wales boards. I'm a volunteer to help the boards run smoothly, and I can move and merge posts there.
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.


    It's not about being the best -
    It's about being better than you were yesterday.
    • Jlawson118
    • By Jlawson118 20th Feb 18, 12:01 PM
    • 885 Posts
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    Jlawson118
    • #7
    • 20th Feb 18, 12:01 PM
    • #7
    • 20th Feb 18, 12:01 PM
    That shouldn't be accessible now since your Grandad's passing unless it's your Grandmother's internet banking log in details.
    Originally posted by Dobbibill
    I think he registered it for the both of them on the understanding. Because I did mention this to the lady in the bank when removing my grandad from the account, I asked her if the internet banking from his details would still work and allow for access and she explained it would
    • Westie983
    • By Westie983 20th Feb 18, 10:16 PM
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    Westie983
    • #8
    • 20th Feb 18, 10:16 PM
    • #8
    • 20th Feb 18, 10:16 PM
    This needs to be checked as his internet banking should be terminated once the issue with the death certificate is sorted.

    I assume at the moment registration as yet to be completed as the access will terminate when it does and your grandmother will have to register in her own name. or use her own log in details if your grandad set it up for her as well,

    As suggested you using her internet banking log in and making transactions can be seen a fraud so I would make sure that you are aware and your grandmother could be contacted or access denied at any point.

    Sadly I see this happen far too often when grandchildren are given access to the account and money is transfered and first thing the customer knows about it is when bills fail, and the bank are reluctant to get involved if access has been granted. Of course I am not saying this is is the case but it does happen. It can be quite upsetting when it does as they feel that they can trust their families, and the first time they know is when cards are arriving, as they have changed the telephone number on the account to their own so they customer doesn't have a idea money is going missing, and of course they agreed to lend x amount and sent via payment online and then the link is saved for ongoing transactions without verification.

    I hope it gets sorted for you.

    Westie983
    Save 12k in 2018 #10 Total (25,000)+10,000/12,000 = 83.33%
    Sealed Pot Challenge ~ 11 #97 Total (410) + 40/500 = 8.00% ( x 11)
    Xmas 2018 1 a Day #2 Total 62.59/365 = 17.14%
    Virtual Sealed Pot #1 Total 750/1,000 = 75.00%
    2 Savers Club 2018 #16 Total (1,500)+-480/2,000 = 51.00%

    Total 11,872.59/15,865 = 74.83%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • Jlawson118
    • By Jlawson118 22nd Feb 18, 1:40 PM
    • 885 Posts
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    Jlawson118
    • #9
    • 22nd Feb 18, 1:40 PM
    • #9
    • 22nd Feb 18, 1:40 PM
    This needs to be checked as his internet banking should be terminated once the issue with the death certificate is sorted.

    I assume at the moment registration as yet to be completed as the access will terminate when it does and your grandmother will have to register in her own name. or use her own log in details if your grandad set it up for her as well,

    As suggested you using her internet banking log in and making transactions can be seen a fraud so I would make sure that you are aware and your grandmother could be contacted or access denied at any point.

    Sadly I see this happen far too often when grandchildren are given access to the account and money is transfered and first thing the customer knows about it is when bills fail, and the bank are reluctant to get involved if access has been granted. Of course I am not saying this is is the case but it does happen. It can be quite upsetting when it does as they feel that they can trust their families, and the first time they know is when cards are arriving, as they have changed the telephone number on the account to their own so they customer doesn't have a idea money is going missing, and of course they agreed to lend x amount and sent via payment online and then the link is saved for ongoing transactions without verification.

    I hope it gets sorted for you.

    Westie983
    Originally posted by Westie983
    You're all completely right actually! They have closed the internet banking down. I haven't logged in for a few weeks so I was just going by what the lady working in Halifax had told me.

    We informed Npower of my grandad's death back when it happened, and yet they just wrote a bill and sent it in his name. We've informed them yet again and told them the money is to still come from the same account, but they've decided to straight up cancel the direct debit So I was trying to log in last night so we could give them the Sort Code and Account Number and realised online banking has been deactivated.

    My grandad set it up and wrote his login details down, keeping them in the safe, solely for whenever we needed access. I think we both thought access would still be available but it is also understandable that the bank has done this
    • Jlawson118
    • By Jlawson118 27th Feb 18, 7:13 PM
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    • 114 Thanks
    Jlawson118
    As a side-note, this will also create a financial link and you could both be searched if one of you applies for a new product.
    Originally posted by Dobbibill
    Just out of interest, how likely is it that we would be both searched if applying for new financial products?

    I can't imagine my grandma has bad history, she's always paid her credit card in full as far as I know. She only has the one credit card and after a fraud attack a year or two ago, she's too scared to use it now anyway.

    Halifax have been messing us around a lot lately trying to deal with this Power of Attorney thing and the only way I can see this working without a fuss, is if I just move my basic Halifax banking elsewhere, and go joint with my grandma through Halifax. It's been an absolute nightmare dealing with it and I'm at a point now where I'll do anything for an easy life
    • ValiantSon
    • By ValiantSon 27th Feb 18, 7:27 PM
    • 1,876 Posts
    • 1,737 Thanks
    ValiantSon
    You really do need to get power of attorney sorted. Your plan is full of potential pitfalls.

    As to the NPower bill, this should be paid by your grandmother. The handling of probate doesn't cause any delay in your grandmother settling the debt.
    • Dobbibill
    • By Dobbibill 27th Feb 18, 8:31 PM
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    Dobbibill
    Just out of interest, how likely is it that we would be both searched if applying for new financial products?
    highly likely

    I can't imagine my grandma has bad history, she's always paid her credit card in full as far as I know. She only has the one credit card and after a fraud attack a year or two ago, she's too scared to use it now anyway.
    little history could mean not enough evidence of borrowing

    Halifax have been messing us around a lot lately trying to deal with this Power of Attorney thing and the only way I can see this working without a fuss, is if I just move my basic Halifax banking elsewhere, and go joint with my grandma through Halifax. It's been an absolute nightmare dealing with it and I'm at a point now where I'll do anything for an easy life
    Originally posted by Jlawson118
    Have you set up the POA ?

    Halifax can't do anything until you've got it - make an appointment and take into branch.
    I'm a Board Guide on the Energy, Student Money Saving, UK Armed Forces and
    Local Money Saving - Wales boards. I'm a volunteer to help the boards run smoothly, and I can move and merge posts there.
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.


    It's not about being the best -
    It's about being better than you were yesterday.
    • Jlawson118
    • By Jlawson118 1st Mar 18, 12:14 PM
    • 885 Posts
    • 114 Thanks
    Jlawson118
    Have you set up the POA ?

    Halifax can't do anything until you've got it - make an appointment and take into branch.
    Originally posted by Dobbibill
    The issue I have over POA is that my grandma being my grandma, will want to remain independent. She has full mental capability and wouldn't want it all to be in my control. Or would she still have that control? All she wants from myself is to keep an eye on the account, make any necessary transfers to and from her current account and savings, or to myself if I buy something for her on my card as she's not fond of using her debit card, she prefers books and cash.

    Before my grandad passed, the only time she used a debit card was for the weekly shopping, apart from that she has books with a building society, collects her pension from the post office service and just has an envelope full of money
    • RADDERS
    • By RADDERS 1st Mar 18, 12:19 PM
    • 210 Posts
    • 228 Thanks
    RADDERS
    The issue I have over POA is that my grandma being my grandma, will want to remain independent. She has full mental capability and wouldn't want it all to be in my control. Or would she still have that control? All she wants from myself is to keep an eye on the account, make any necessary transfers to and from her current account and savings, or to myself if I buy something for her on my card as she's not fond of using her debit card, she prefers books and cash.

    Before my grandad passed, the only time she used a debit card was for the weekly shopping, apart from that she has books with a building society, collects her pension from the post office service and just has an envelope full of money
    Originally posted by Jlawson118
    Grandma would have full control until she is no longer able to. I did this with my dad and Halifax gave me a card on his account once we had the POA and I also could have internet access.
    Then once grandma is unable to sort out her affairs the POA is already up and running.
    • Jlawson118
    • By Jlawson118 6th Apr 18, 5:26 PM
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    Jlawson118
    Grandma would have full control until she is no longer able to. I did this with my dad and Halifax gave me a card on his account once we had the POA and I also could have internet access.
    Then once grandma is unable to sort out her affairs the POA is already up and running.
    Originally posted by RADDERS
    Apologies for the late response here, but I can assure I've been reading the thread I finally had a spare few hours the other day to go to the bank with my grandma, where three options were offered; going joint, power of attorney and going third party. And to make sure my grandma had full control, we decided to go on the Third Party option. So it's finally all sorted out
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