"house" A...
 

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[Closed] "house" Account - where to go and possible pitfalls.

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Myself any others own flats in a block which is managed by ourselves, in order to maintain he idea has been raised of starting a bank account between us that we would all pay into, I.e. very much like a "house account".

Do people usually start these as a joint account or a business account?

Are there any likely pitfalls in doing this, or possible squabbles?

Any banks particularly suitable?

Cheers,

Moe


 
Posted : 29/01/2013 11:50 pm
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Have you all set up a proper management company? I would make sure some sort of agreement is in place before handing any money over.


 
Posted : 30/01/2013 5:55 am