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SIP Shares vs paying off debt
I have been saving in SIP shares for around 5 years and have approx £5000 available but these would be subject to tax as not yet matured. If I were to leave these they would double in value in 5 years. However my dilemma is I owe £6000 in debt and am paying interest on this every month. Should I just take the £5000 (£4000…
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25% fee of closing a LISA
Quick question regarding closing a LISA without being at the required age or purchasing your first house: Is the 25% penalty the bonus that you received, and therefore you wouldn't actually lose any of your own money you put in? I ask because I wish to open one, but in the event that I move abroad in the future, I'd like…
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Cheapest S&S LISA?
Hi All, I'm going to open a stock and shares LISA, which I am buying £4k of Vanguard Lifestyle 80 every year until I'm ready to get a house in about 5-10 years time (I will move it out of LS80 and into LS20 when I think I'm ready to buy within a few years). So I need to look for the cheapest S&S LISA. Looking at this…
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Help to Buy isa
I am using the help to buy Isa for my first house purchase and made a mistake of withdrawing the money to pay the deposit and then going into the bank to close the account the next day. It now appears I cannot get the bonus. Can anyone help? Urgently
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Same Tax year Help to Buy ISA
Hi All, Any help would be massively appreciated please!! I opened a help to buy ISA with Halifax in July 2018 (tax year 2018-2019) Unfortunately I got confused with the rules and didn't transfer via standing order, instead doing a normal bank transfer. Because of this the account was then kind of stuck, I couldn't add…
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Paragon ISA rate decreasing in January
From 13 January 2020 the interest rate on Limited Edition Easy Access ISA Issue 5 is changing to 1.25% (from 1.45%).
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Suitability report requirement on ISA provider change?
Dear all, I wonder if someone can explain in what circumstances an IFA is required to provide a suitability report when a customer wishes to move an ISA to a different provider. This relates to an ISA on which the IFA advised around 10 years ago. Based on that advice, the ISA was arranged by him with an investment…
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santander shares
would you be able to help me, I have 100 shares in Santander which was given to me free when they took over Santander many years ago.its worth about £300, I was told if I sell them I would have to declare Spanish tax,I am not self employed but I pay my taxs to the government.will I have to declare this if I sell them,and…
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NI number delays hit 16-year-olds trying to beat Help to Buy ISA deadline - MSE News
Some 16-year-olds are struggling to open a Help to Buy ISA before the deadline at the end of this month because they haven't yet received their National Insurance (NI) numbers...Read the full story: 'National Insurance number delays hit 16-year-olds trying to beat Help to Buy ISA deadline' Click reply below to discuss. If…
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stocks and shares isa
I was sold stocks and shares ISA by an IFA circa 2000.I invested £12,000, with two major investment houses, with the investment spread over a variety of companies. Not once did they accrue any profit and in fact cashed them in at approx@ £3000 each a few years later.I was continuously told a variety of reasons for the poor…
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1st direct to hsbc
Can I transfer from 1st direct to hsbc advance and collect the £175?
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LISA & HTB ISA simple advice please
We are using some of my just turned 18yr old daughters savings to open one, or maybe both, of the above. We intend to open one with the max £1200 before the end of this month, and then add £200pm for the next couple of months to get the balance to what I Believe is the threshold to attract the bonus? I am confused which…
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Open ISA, pay, transfer all in one year
Hi, Earlier this year I opened and paid into a Cash ISA (I didn't know of the help to buy ending end of November). Now I would like open an ISA in Nationwide and transfer all this ISA from this year into there (and use the split ISA). Is this possible? Thank you, Carles
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Can you have a LISA & Still pay into a normal existing ISA
Hi everyone, I recently opened a LISA with Money Box which I am paying 'X' amount into a week. However I have an existing ISA which I HAVE NOT paid into this year, but would like to pay some money into it. I have not opened another ISA this year...only a LISA... Would this be a problem? Thanks for your help in advance
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APS ISA - cash out and re-open with paper shares
Hi all, Summary of question: Looking for an APS ISA provider that will accept paper shares and charge either no custody fee or a very low fee, there will be virtually no trading on the account so trading cost is of no concern. Long winded version of the question: Mother in law passed away, father in law wants to unwind her…
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HTB deposits need to come from an account in his name?
My son has come to live at home and is working. I have suggested that he opens a HTB ISA before 30th Nov. Do the monthly deposits need to come from an account in his name? I would prefer to pay them in from my account to ensure continuity. Is this allowed? Thank you.
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Is my Barclays instant ISA any good?
I'm saving to buy a flat, and think I need a better ISA. I owned a flat before, so not eligible for a Help to Buy (I don't think anyway). I have a Barclays 'Instant ISA' I've not used for years. I can't find anywhere on the website that tells me what the rate is, to see if it's any good. Any help would be great.
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Investec
Hi, I noticed last week that the high interest tables were promoting a company called investec at 1.8% for 95 days notice account. I've looked today and I see it's no longer on the High interest table. I'm just about to transfer savings over to them but now I'm worried 😯 that it no longer has the Martin seal of approval.?..
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Transferring a maturing ISA to another company
One of my ISA's is due to mature on 30.11.19 but there's no option in the maturing instructions to go to another ISA. How do I transfer and ensure I keep the maturity bonus of 0.3% or whatever it was. If it goes to a new ISA all their docs state losing 120 days interest if money is taken out. Are transfers treated…
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Multiple interitance ISAs (APS)
My father recently died and had two ISAs. I understand that my mother qualifies to 'inherit' the allowance of the value of these ISAs under the APS scheme. Both ISAs had approx £50,000 saved in them. My mother would like to transfer them to two separate inheritance ISAs with different providers, rather than combine them…
