Hi Gurus,

I have a question regarding joined name house if gone in to auction, the remaining proceeds from the auction after all loan and fees paid, the amount will go in to owner acc based on S&P owner or loan acc owner?

The S&P is joined name but loan acc may be 1 name only.

If to S&P owner, they dont have a joined name bank acc and not intended to have 1, will the remaining proceeds be split evenly in to 2 cheques?