Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

Bank charges: Brits keep finances separate after moving in together

A large proportion of couples may keep their bank charges separate from one another after moving in together.

That is according to research by first direct, a telephone and internet-based retail bank, which found that 58 per cent of couples that moved in together did not set up a joint account for household finances.

Richard Brown, senior savings product manager at first direct, said: "Couples are remaining more independent with their finances when they do.

"But while couples may feel that there is no longer any need to pay for everything jointly and that a measure of financial independence from each other is healthy, it would still benefit them to pool their savings as the larger their pot, the higher the interest rates on offer."

The research showed that 21 per cent of couples set up a joint account for bills, while just 20 per cent decided to unify their money and the control of their finances from a joint account.

Samantha Clarke

Samantha is a former banking assistant and has over ten years experience in retail banking.


Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide