Equity release is a topic which can stimulate particular interest among the older generation as [...]
Find lost moneyCreated by Charlotte in Saving for you
According to the Halifax, there’s about £42.9 million down the back of our sofas! That averages out at about £1.61 per person, which isn’t quite so impressive.
However, you might have considerably more than that in an old bank, building society or post office account that you or your partner have forgotten about.
Now there’s an easy way to claw this money back. Just go to Mylostaccount.org.uk and put in your details. Once you’ve done that, the good people at the British Bankers’ Association, the Building Societies Association and National Savings and Investments (who run the site) will search for any dormant accounts you might have.
It may sound strange to talk about ‘lost’ accounts. But many people had accounts opened for them when they were children and have lost track of them, or have lost the details of an account after moving home, or perhaps even inherited the money in an account as a beneficiary of a will.
You could easily be in this situation. The service is free so you won’t lose anything for checking it out. It’s worth a try.