House sale proceeds - poss put in two accounts on completion?

[BrightGoldenHazeintheMeadow]

Does anyone know if if it's possible to have the money from a house sale transferred to two accounts on completion? Thanks.

Yes I would think so. You would have to pay 2 lots of telegraphic transfer fees I guess and supply the details to the solicitor - a statement from each account etc.

Thanks.

Yes, but depending on circumstances.
Yes if both accounts belong to the legal owners.
Yes if for example the proceeds are being split between owners who are splitting up- signed authorisation and evidence of respective entitlement to proceeds needed.
No if you want to put some if the proceeds in someone else’s account. Protocols against Money laundering, tax avoidance etc would preclude the solicitors distributing the funds to third parties.

House proceeds are protected from the protected savings limit for a while - check that out if that is your issue.

Thanks very much the cat and Marianne.