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Bed & ISA query..
Hi all, My situation is that i hold a wad of shares in a nominee account all for the same company but bought at differing times. Meanwhile elsewhere i have cash ISA subscriptions. My current plan is to move some or all of the cash ISA Subs to a stocks and shares ISA, Sell the shares in the nominee account and buy them back…
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Help to Buy Transfer Queries
Good evening all, I've written before on the topic of my chagrin at arbitrary ISA rules, but I now face a practical problem with regards to the HTB rules. I've opened the HTB ISA with Halifax, and was informed by them that I had to fund the account within the first 21 days in order to get the first month's £1000 bonus. I…
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ISA interest - question
Is it possible to put some money in an isa in february, gain interest on it, then in April, move it to say a santander 123 account? Would i gain only 1month of interest from the ISA or a whole years worth?
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ISA limits
I understand the mortgage ISA can only be used on properties worth 450k in London and 250k outside London. However in my local area outside London, there are very few, if any properties at that price. Therefore, my question is, are these limits likely to increase in the near future? Thanks SM
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2015/16 tax on interest
From April 2016 the new £1000 tax free interest comes into effect. Does the existing £15,600 allowance continue to apply from April 2016 alongside the new £1000? Eg. If someone earns £10,000 and receives £1200 interest on savings under the current system no tax is paid on interest. Under the new system would the first…
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True or not? No penalty for transferring if variable rate changes?
[FONT="]Someone I know is certain he read somewhere that you don't need to give notice if a variable rate ISA provider informs you that they're about to change their rate to something lower, he thinks you can transfer without giving the usual notice and won't be penalised for it so long as you do it before the date…
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government bonus application
Hi all Wondered if someone could help me here We are close to exchanging contracts to buy our house, should be ready to exchange next week. I have opened a help to buy isa and will be making my final deposit on 1st February and also closing this down the same day as we will be up to the minimum 1600 to be entitled to the…
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Would this be allowed for a Help-to-Buy ISA?
Official MSE Insert: We've a fully researched Help to buy ISA guide you may find helpful. Back to the original post... Hi, My partner and I have managed to save £10,000 over the last 5 years as a deposit upon buying our first home together. We are currently looking at properties and are hoping to buy either this year or…
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Help to buy ISA - Can I withdraw money?
Official MSE Insert: You may also find our fully researched Help to buy ISA guide helpful. Back to the original post... Basically, I have a help to buy ISA, opened it with Halifax at the start of the month with a deposit of £1000 and the standing order has been set up for the 15th of every month to take £200. As I am a bit…
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Forgotten cash ISA
This is going to seem like a really stupid question and I can't believe I'm so dumb, but... I was sorting out some old paperwork dating back a couple of years and I came upon paperwork for a forgotten ISA dating to 2008. Since then I have moved house and changed my name and somehow, in all the address and name changing, I…
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Isa transfer question - complicated!
Hello I've got a loyalty cash ISA with HSBC, and a S&S ISA with Fidelity. I haven't put anything into cash ISAs for this year. The loyalty rate with HSBC will end if I don't pay in something by middle of March. This is a problem as i'm nearing the 75k compensation limit. I have a few thousand £'s of 'uninvested cash'…
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What to do with £8k savings? Club Lloyds?
So I have approx £8200 savings in a cash ISA with a interest rate of 1.40%. I want to move the money to make more interest but not sure where. Both my wife and I bank with Lloyds therefore I was thinking of splitting it between 2 Club Lloyds accounts to earn the max 4% on each. Would this be a wise move or are there better…
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Alternative to Junior ISA?
I want to open a savings account for my babies, mainly so they will have money to buy a car when they are 17. However, with the Junior ISA, they can only access the money when they are 18, meaning they have to wait up to a year. Am I correct in thinking that if I open standard accounts for them, they can access the money…
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Switching cash ISA - a quick question
I have a Virgin Easy Access cash ISA, into which I pay £700 per month. I want to open one of Virgin's Defined Access cash ISAs, which pay a better interest rate, and transfer the existing ISA into this. Will I be able to continue paying my £700 p/m into the new one, or will this count as paying into two different ISAa in…
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Best ISA for 18 yr olds
Hello all, I am looking for the best savings account, or ISA to put £2,000 starter for my 2 daughters aged 17 and 18. I would prefer they can't access until they are about 23 if possible. Some friends suggested halifax but wanted to check here for more specific advice. Many thanks in advance Adele
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Virgin Easy Access Cash eISA Reward - not permitted to withdraw funds
Hi all My fixed rate ISA matured at the weekend therefore I moved the funds to a Virgin Easy Access Cash eISA Reward. This only pays 1.40% therefore I was looking to withdraw at least part of the funds into a Club Lloyds account paying 4.0% however when I have tried to withdraw it says I am not permitted and that I should…
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Help to buy ISA and Cash Isa help - penalty?
Official MSE Insert: We've a fully researched Help to buy ISA guide you may find helpful. Back to the original post... Hi all, My girlfriend opened a HTB ISA in December and made her first deposit when she opened the account. I went into Halifax today to open my ISA and they mentioned about not being able to contribute to…
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ISA Advice
Hi All, I have an ISA with Barclays http://www.barclays.co.uk/Savings/ISAs/2YearFlexibleCashISAIssue9/P1242663711586 which I opened in April 2015. Its only 1.5% interest, and I'm no way earning enough to nearly even fill it, I've taken my three allowed withdrawals and put the money back in a 5% current account. If I want…
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Nationwide ballsed up
Hi there im looking for some advice on top of what nationwide is going to do Right on the 7th jan I went to nationwide to open up a help to buy isa due to them having the ability to open another and save it in another account. I set it all up and transferred 1,200 into it. I got letters and also checked my Halifax account…
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Help to Buy ISA - paying back the government?
Official MSE Insert: You may also find our fully researched Help to buy ISA guide helpful. Back to the original post... So the government are offering out bonuses - but I've heard that eventually you have to pay back the government and they partially own your house? Is this true? Can't find any information anywhere -…
