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Problems with Payment to Executor
Sadly my Mum died a few months back. She had a savings bond with the Newcastle Building Society which has since been taken over by Norwich Union. Last week I received the Grant of Probate as Executor of her estate. I'd corresponded previously with NU and they'd said that they would just need this to release the funds to…
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8k To invest... which account?
Hi guys. V new to savings and stuff so need some hearty advice.. Iv managed to scrape together about 8 thousand pounds which has been sat in a cash card account doing nothing so thought it was time to invest it. i want to open up a savings account to put it in. I dont mind if its internet based. all i require is that i can…
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Best saving plan for an eight year old
I am looking to start putting some money away for my eight year old boy so he has a few quid when/if he goes to collage/university at eighteen and was wondering the best place to put it? I will not have a great deal to invest per month but hopefully it can increase as the years progress. Any advice will be gratefully…
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Guaranteed equity bonds
Hi I'm new to this game and looking for a safe place to invest for highest return. Any suggestions? Looked at Nationwide which closes 29 October, which looks hopeless. Pamsmans other half
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To Buy or Not to Buy, that is the question!
:confused: My husband died last year and I have 2 children aged 14 and 10. I have managed to pay off the mortgage with a life policy and will have about £95,000 left. My brother wants to sell a little house he owns in the country and is offering it to me for £47,500 which still gives him a profit!! At the moment there is a…
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130% of any rise in the FTSE?
I've seen a couple of products advertised (I think Virgin have one) that offer a return of 130% of any rise in the FTSE after x years, and 0% of any fall in the FTSE (i.e if the market drops, you get your original money back). Now, I'm bright enough to realise that this can't be as good as it seems, but not bright enough…
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Direct Debit Versus Standing Order ?
I've just opened a new savings account with Cahoot and was wondering which is the quickest, most efficient way to transfer funds from my Lloyds Current Account to the savings account on a monthly basis ? I would transfer using the Lloyds On-line service, but which is quicker - DD or SO ? or will they both take 4 days to…
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Why do Nat West want signature by post?
I recieved a letter some while ago in June but forgot to ask then as to why Nat West are asking by letter for a copy of my present signature? I didn't fill it in, I don't understand why if they really wanted it that they shouldn't just ask me to pop into the nearest Nat West Bank to leave it there. They enclosed a pe-paid…
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Halifax 'Guaranteed Growth Bond'
Got an email about this, but can someone clear this up please? It appears to pay 3.68% [equivalent to 4.6% gross for a basic rate taxpayer] after 12 months. BUT the 'tax' is paid in advance and is NOT recoverable [unlike bank building society interest on savings for non/10% taxpayers] So what's the 'angle' then? Does the…
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Word of warning re. ING Direct & other online savings accounts
I opened an ING Direct account for my husband last week, as the interest rate is 4.75% which is much better than he was getting elsewhere. ING Direct have been more than helpful and efficient, so this is not a gripe against them. However when the cheque came through to close his previous account, he went straight down to…
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Advice needed please
Hi im a recent grad from uni and have secured a graduate job paying £23k.. Im after some advice as to where i can invest / save some of my wages per month.. I am a novice when it comes to savings etc.. I have no overdraft but have a student loan. Im also thinking of getting a grad loan from my bank of around 3.5 - 4k to…
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Direct investment and risk
It is often said by those selling funds, unit trusts and other pooled investments that they are much less risky than buying individual shares. So I just thought I'd draw Moneysavers' attention to a method of investing directly in shares where risks are reduced, performance is high and charges are almost nil. High Yield…
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Best way to save?
On my course at uni, there is an option to spend a semester abroad in 3rd year (which would be Jan 2008 for me). Possibly also with some more travelling afterwards. I'm hoping to save some money for this regularly once I get a job sorted out, possibly £50-100 per month and also supplement this with any gifts (birthdays…
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Cashing in shares...
Hi, Just a wee query if anyone can answer I cashed in shares on Wednesday through LLoyds TSB and the operator said she would have to do a credit check,:confused: at the time I didn't think about it as I don't have any problems with that but then when I came off the phone I thought about it and it doesn't make any sense.…
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Regular saving account 3k+
Hi. My first post so please dont flame me!! I have been having a browse around the web for a regular savings account that allows you to invest around 3k a month, but cant seem to locate anything. Am I doing the right thing by investing this into a regular savings account or is there a different product? Basically I dont…
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share buying
Hi Sorry if this has already been asked before but I've been away for a month or so and have been a bit out of touch with MSE. I want to buy 200 BA shares and want to know who or where the cheapest place would be. I would also like to avoid being held in a nominee account. Could someone please help me on who the cheapest…
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Cheshire BS ISA any good?
Hi Need to sort out the isa allowance for ths year - Halifax's ISA diret seems convenient, but has anyone any views on this? The money is tied up for three years, which is ok but not sure about the product in general - are there similar products in other banks? Are they popular etc, basically is it a good deal? Ta The…
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Cahoot taking a leaf from the ICICI book?
In June this year, I applied for a Cahoot savings account. I had no other account with Cahoot at the time, it took three days and my savings account was active. Brilliant [or: just what you'd expect, at a minimum, from an Internet bank]. Since Cahoot have now launched the Bonus Savings account, at a rate they do not offer…
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Halifax's regular save a/c
Hi Does anyone know much about the 7% halifax regular saver account? Do you need to transfer via another Halifax account or do they accept transfers from other banks? Not sure about regular savings accounts in general though one bank person did they say they artifically mask the ammount of interest you get is there any way…
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Investing in Gilts
Mrs Hansi and I were in our local HSBC today to move some money around and the advisor mentioned investing in gilts/corporate bonds under an ISA wrapper. She showed us the companies they were using which included such names as Gartmore, Invesco and other well known names. She sounded fairly convincing about the investment…
