I've had my new Alliance and Leicester bank account detials today. It's a bit like driving a new car. It's got some nice features as well. Like higher interest on the both the current and the savings account and no bank charges except on cash transactions.
I think it's actually going to make for better cash flow. I might actually begin to see a small profit on some of my rentals, though I do now have to have some redecorating done on the flat in Streatham.
The set-up process was all very straight forward, though I do need some extra bits and pieces which I guess will come in a separate mailing. That shows good security anyway. Cheeky creature that I am, I have already asked for an overdraft.
The banks will do all the changes for you, but I've opted to do these myself. I still want to keep some things going through the old Barclay's account, and I'm now going to sue it for all my other little enterprises which aren't directly to do with my Buy-to-Let portfolio.
Tuesday, 21 August 2007
New Bank Account
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