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Cash ISAs
Hi, I'd appreciate some advice: I've just opened a fixed-term cash ISA with Shawbrook, planning to deposit only part of this years ISA allowance into it (because I aleady have other savings with Shawbrook and I want to stay within the FSA limit). Then I attempted to open a second fixed term cash ISA with another provider…
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Why are rates much higher on a H2B ISA than an ordinary ISA? ISA?
That being the case why would anyone who had never owned a house not open a H2B ISA in preference to an ordinary ISA even if they never intend to buy a house?
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Help to buy ISA
Me and my girlfriend are wanting to buy a house next year. She has opened a help to buy ISA a couple of months ago but has part owned a house before (with a previous partner). Will she still be eligible to get the payout at the end or should we take the money out and put it in my name? I haven’t owned a house before.
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I have H2B ISA, but should I get LISA?
Hello, Not sure if I should be starting a new thread to replying to an existing one but yeah, here goes... I currently have a H2B Isa with £6000 in earning 2.25% and an everyday savings account with £7000 in earning 0.2% interest?! I was thinking about putting the 7k from the everyday savings account in a LISA (4k now and…
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Paying into LISA and Help to Buy ISA at the same time
Just a quick couple of questions about having a Help to Buy ISA and a cash Lifetime ISA at the same time. I opened a Lifetime ISA last tax year with £1 and have not done anything more with it since then. I've just opened a Help to Buy ISA and intend to make regular payments into this. 1) Can I make regular monthly payments…
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Help to buy ISA
Re Help to buy ISAs. I have 2 sons of 30 & 27. The elder has lived & worked in Germany for 6 years whilst the other is unemployed, living in the uk. Should I (or they) take out a help to buy ISA or a LISA for each of them? Neither intend to buy property in the next year.
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I need help with a Help to buy ISA
-I'd like to stay with my current bank, but get a help to buy isa with a different bank, is that possible? (i don't have a h2b isa with any bank yet). Thank you.
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Skipton LISA Reviews
Hi, I've been looking at different LISAs and I'm struggling whether I should bother to invest as I've read awful reviews about Newcastle Building Society and then Skipton Building Society. Can anyone please shed light on Skipton and let me know the overall process as it seems quite worrying. It is also not clear whether…
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ISA or LISA???
Hi, I’m after some guidance on which help to buy investment to go for ISA or LISA to get the bonus Here is my situation I’m 34, have £10,000 in savings, never owned a home, currently rent with my partner, likely in the area that we live that we will be paying 250,000 upwards when we come to buy unless we buy a box room…
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Transferring Flexible Cash ISA
Virgin Money are slashing rates on their Cash ISA (which is flexible) so I'm looking elsewhere for another flexible ISA. My understanding is that when transferring, the old provider will tell the new provider whether any of the current annual allowance has been used and the amount that can still be utilised. However, I'm…
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Virgin money cash e-isa
The interest rate on the Virgin Money Cash E-ISA, is dropping from 1.21% to 0.5% on the 31st January 2020.
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Accidental ISA payment while abroad
I'm registered as tax resident abroad from April 2019, however made three accidental ISA payments in April/May/June - before I realised I hadn't cancelled my standing order. Any advice on what I should do about this? I'm now aware that I shouldn't be making any ISA payments while not resident in the UK, and have cancelled…
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JISA transfer question.
Hi all, I recently finally got around to transferring my kids JISA and CTF to HL, so i can manage my investments in one place and have more fund choice. The JISA transfer is in process currently and i got a contract note for the sale proceeds of the transfer from OneFamily over the weekend in the post - but the proceeds…
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Trouble opening a H2B ISA with an ISA already open
Hi, I have a specific problem I would like some advice on. I'd like to open a Help To Buy ISA before the end of the month but I already have a cash ISA open. I bank with HSBC and I just called them and they said I would need to close this ISA and open a Help To Buy ISA in a separate tax year, but of course this would begin…
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LISA and H2B ISA combo
Hi I’ve just opened a LISA because I’m pretty sure I’m going to use the savings I currently have in a cash ISA to buy a house one day, so I’ll be transferring the max amount into the LISA each year. There will still be some left in my Cash ISA so thinking of my partner opening a H2B ISA so we can put some money in there…
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Help to Buy queery
Hi, I'm looking into this with my DD who recently turned 16. I know she could opt for a split ISA with Natwest or Nationwide but I was wondering if the following is possible: Take out a standard H2B ISA (not split). Add what she can up to the max amounts. In 2 years time time she is due a lump sum, hopefully not far of 20k…
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Maximising LISA Bonus
Getting a little confused about how to maximise the Government bonus for the LISA. So, I should add the maximum of £4k per year, but as a lump sum or can I build up to it monthly? I assume putting in £4k a year on the first day every year would be best, especially as they say the bonus is calculated monthly... but no one…
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My daughter inheritance
Hi. Not sure I’m on the right page, my daughter has some inheritance coming she’s only 18 18 next March. Can I pay in into my isa account for her???
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Lifetime ISA Conveyancer Fee
My conveyancer has charged me £60 to withdraw my Lifetime ISA funds on my behalf for a house purchase. Are they allowed to do this? Seems a bit unfair as I'm personally not allowed to withdraw the money and they are legally obliged to on my behalf. They never told me there was a fee despite knowing for several months that…
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H2B & ESA Benefit
Dear MSE Forums' I apologize if this has already been repeated. My partner is on ESA (Income); there are no other savings (total of £0). If they open up a H2B ISA before the deadline; will it have any bearing on their ESA Benefit? A few different posts throw up different figures and I can't seem to find a definitive…
