ISAs & tax-free savings

Archives for May 2019

Savings for 17 yr old
My daughter has just turned 17 so I can no longer have the Halifax regular saver account paying 4.5%. She has a Nationwide smart limited access account where the funds go from her Halifax account every year paying 2.5% but I'm struggling to find another regular saver account without changing my own current account which I…
ISA maturing
will reinvest with Coventry for the £11k. If I do £9 with someone else would this count as 2 ISAs ??
My Coventry fixed erm ISA is maturing May 31 - advice sought
My Coventry Cash Isa is maturing on May 31. It enjoyed a 2.25% interest rate which was pretty good and now I must decide what to do with the funds. Naturally I have scoured this excellent website for my options. So - a quick question for all of you much cleverer people...Coventry BS have offered me a 5 year fixed term cash…
Where to invest
I have money in Cash and Stock ISA’s but want better return on my Cash ISA investments. I’m prepared to tie up some of the money in fixed term savings. Any advise?
Variable rate easy access ISA
Hi. Im wanting to transfer into a variable rate easy access cash ISA that doesn't restrict 30 days after opening it. I want no restrictions at all. Hope you can help!
Keep s&s ISA or overpay mortgage?
I've got a £1200 evestor ISA (opened to get a £100 bonus - now paid). I've not used any of my ISA allowance this year. I have about £17k on a tracker mortgage, charging 1.79%. I'm trying to decide whether to just close this Evestor ISA to overpay the mortgage or to keep as a stocks and shares ISA (but invested with another…
ISA fixed term ending. What next ?
I have a 2 year fixed rate cash ISA (1.26%) with Paragon that is expiring in a week. I have the option on their website to reinvest in a new 2 year fixed rate ISA with a rate of 1.76%. I thought this was good but then noticed they have 2 year fixed rate savings account of 2.10% I can't see why anyone would invest in a…
IT (CTY ?) or low cost FTSE tracker..?
I'm just having a look at what i already have invested. I have some CTY. Part of me thinks that instead of CTY i should buy into a low cost FTSE tracker. Reasons; CTY doesnt accumulate so i have to reinvest when i think prudent to do so,hopefully on the dips,which involves some cost Potentially CTY costs more to invest in…
ISA fund hidden charges
I have an HSBC selected investment fund ISA currently worth around £15,000. Had it for nearly 20 years. They send me a statement every quarter with current value and charges taken. Usually about £9 a quarter charges. HSBC now just written to me revealing that in fact they have been taking more like £40 a quarter in…
Htb or isa?
I'm currently awaiting details to start saving into a lisa with Newcastle building society that i plan to use to buy a house in a few years time so that leaves me with 16k over the year to put somewhere. Yesterday i opened a htb isa but i'm regretting it now thinking i should of just opened a new isa with the max allowed…
ISA charges
Hi I have an ISA with interactive investor. It holds Lloyds shares only. I do not trade in any way. I just need an ISA to hold my shares. I am not selling or buying anymore. ii will charge £8 monthly from June for my isa (price going up for everyone). Is there another company I could use and pay less? Is a transfer…
Help to Buy ISA - mortgage/loan from parents
We want to help our son to buy a barn to convert. He is an apprentice carpenter and will do lots of the work himself. He earns little but has saved into a HTB. If our helping him is by way of a loan and we secure it with a mortgage will that ‘mortgage’ satisfy the terms of the HTB bonus or does the mortgage have to be with…
ISA situation: LISA instead of HTB?
Hello, Friend of mine (not Fin-savvy) has decided to start saving for a house, this is her current situation: Cash ISA opened years ago, saving there every year, including this tax year I went with her to her bank to open HTB, successfully opened, however, she can't start saving on it, because already subscribed to Cash…
Help to Buy ISA Transfer Limit?
Hey, Is there a limit on the sum of money we can transfer from one Help to Buy ISA (HTB) to another? I know on opening we can deposit a one-time lump sum of up to £1,600, and then £200 per month thereafter, but is there a limit on the amount that can be transferred between providers (HTB to HTB) when the amount held is…
LISA and house hacking
Please help, are any either of these scenarios feasible when using a LISA?????? Scenario 1: Use a LISA for a mortgage to purchase land and build two houses (assuming the total is less than the £450,000 limit) live in one of the houses as your first home and either: (1: preferable option) rent out the second home, (2) sell…
First time isa advice
Hello Looking for some advice. I am wanting to start saving £50 per month into a long term non guaranteed isa. I am looking for higher risk in return for potentially higher returns and can afford to lose the amount invested. Low fees and ease of use attracted me to the vanguard 80% lifestrategy but min investment is £100…
Modest savers: do any of you still use cash ISAs?
The question isn't really aimed at those who are earning considerably more than £1,000 interest per year. For the rest of us who don't have savings that generate that amount of interest - do you still use cash ISAs & if so why? I'm looking to see if there's something i'm missing as to why they'd be a good idea & should be…
Skipton Bonus ISA
Skiptons new online bonus ISA Issue 10 includes a bonus of 0.48% for the first 16 months. It says that interest is paid after 1 year and again at the end of the term. The bonus is paid after 16 months. If I transferred the ISA to another provider say after 10 months would I still get the 0.48% bonus? I've looked at the…
Depositing Large sum of cash into newly opened ISA
Hi everyone I need some guidance, I'm self employed registered with Hmrc in second year of business. My first tax return was for only 5 months within first year of business. My income was below the tax threshold. My second year will be just above the threshold (haven't filed return yet as isn't due until January). Before…
LISA - Which is the cheapest platform?
Ultimately want to pay in around 200-250 a month from now (age 34) until the end into maybe 1 or 2 funds. I currently have a LISA with H&L, but now wondering whether this is the cheapest option for my scenario? Thanks,

★ ★ ★ Meet your Ambassadors

MSE News

Bank of Scotland, Halifax and Lloyds to close 177 branches in 2024/25 – here's the full list, plus alternatives
Bank of Scotland, Halifax and Lloyds, which are all part of the Lloyds Banking Group, will shut at least 177 of their bank branches in 2024 and 2025, the Group has confirmed.
Barclaycard's cutting minimum repayments – you could be in debt YEARS longer paying DOUBLE the interest
If you've got debt on a Barclaycard, it's likely the minimum you have to repay each month will be cut from July. If you're unaware, and don't act, you could stay in debt for many years longer and pay possibly £1,000s more in interest.
NatWest, RBS and Ulster Bank to close at least 100 branches in 2024/25 – here's the full list, plus alternatives
NatWest, Royal Bank of Scotland (RBS) and Ulster Bank, which are all part of the NatWest Group, will shut at least 100 of their bank branches in 2024/25, after RBS announced a further 18 closures.
Co-op Bank customer? You could be moved to Coventry Building Society in future – here's what's happening
The building society has today agreed to a potential takeover of the high street bank – though it's still very early days and the deal needs regulatory approval.
Got a text, email or letter from the Met Police? Don't ignore it – you may need to act to protect yourself from scams
If you got a text message or email from the Metropolitan Police between 4pm and 6pm on Wednesday 17 April – or you get a letter in the next few days – don't ignore it.
Save up to £1 on your takeaway coffee – while saving the planet
Many of us regularly reach for a cup of coffee or tea to give us a caffeine boost, but if you’re out and about and can't bring a thermos from home, the cost of this can quickly mount up.
Chase customer? Check if you can get its boosted 5.1% easy-access saver
If you have a Chase current account, you may be able to get a table-topping 5.1% easy-access savings rate to go with it, as the bank has launched a new, temporary bonus offer for some existing customers.
New online state pension boosting tool promised to Martin Lewis hit by delays – here's what you need to know
The tool was first promised to MoneySavingExpert.com founder Martin Lewis on ITV's The Martin Lewis Money Show Live last summer and was expected to launch before the end of the 2023/24 financial year.
Spotify to hike prices by up to £24 a year – here's what's happening
If you've got a Spotify Individual, Duo or Family account you'll see prices rise by up to £2 a month (equivalent to £24 a year) in a month's time, the music streaming service has announced.

View All

ISAs & tax-free savings

Discussion List

Get our FREE Weekly email full of deals & guides - and it’s spam-free