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Is Saving putting more in our home loan or not??
Been thinking about this for a while, and need advice. My wife and I are in a part buy flat which the 2 year fixed mortgage is just about to end. We are good savers, but would like to increase the saving we are currently doing as in about 18 months we will be selling and moving overseas. Would it be advantageous to fix the…
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Interest from Savings Accounts ?
Hi,(I hope this the right place to post this ) When is interest from Savings accounts considered Income .I have a largeish amount in a savings account and its due to pay a substantial amount of interest .If it stays in the Savings Account and I don't spend it -is this considered as Income or savings . I am asking because…
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ISA / Shares question
Hi everyone, Im sure this has a very obvious answer, so apologies in advance for asking a stupid question! At the moment I have roughtly £15000 in a mini cash isa. This year my situation has changed and the company I have owned shares with has been brought out by a German company. As part of the take over the company has…
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Halifax Childrens Regular Saver
If I open this account for my sister who is under 16, and save £50-£100 per month, what is the tax position with regards to the interest, can it be paid gross?
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Monthly investment?
Hi all, Looking for a bit of advice regarding where to place my monthly savings or if they are in the best place at the moment. Work is looking up and I'll soon have a lot more money for savings coming in than before. As such i'm looking to invest between 3-5K a month into some sort of savings account. At the moment this…
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savings
with only 8 or 9 years left till retirement i feel my money is not working well for me ,, its a mess basically ,i have various savings accounts ,all with one bank ,i joined this site to get more info ,ok it was great but i'm still floundering ,the bank want to talk to me about investments ,should i stay with them or move…
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Bradford and Bingley the daddy?
Anyone know of a better ISA than bradford and bingley's esavings ISA at 5.00% AER? Wanting to switch my ISA from currently rubish providor (natwest) to the daddy, whoever that is at the moment. Cheers! :T
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Halifax 10% for Children
We currently have around £1200 paying 5.5% (Gross) in a savings account for our daughter which does not allow standing orders. I would like to take up the idea suggested by Martin of drip feeding money into Halifax's Child's Regular Saver (currently paying 10% gross). Can anyone recommend an account that allows standing…
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Foreign Currency Accounts in the UK.
I would like to Bank some Euro and USDs but my local HSBC branch wants me to open an Offshore Account to do this - sounds a bit of too much work and I'd really much rather walk into my local bank and or login into my account and see all the currencies in one screen - What bank can facilitate me? Also, what's the best place…
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Under 18 Instant Access Savings Accounts
Having suffered from Alliance and Leics' decision to reduce their First Saver account interest rate, I'm looking to find a suitable replacement on the High Street for my son. Any ideas for me to follow up?
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cahoot bonus savings to be pulled?
Just came across this 'account alert' message left by cahoot on 4th Jan.. Bonus savings account - limited availability. The cahoot market leading bonus savings account has been extremely popular and is likely to be withdrawn shortly. If you wish to open an account please apply straight away. Just go to 'cahoot products',…
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somerfield shares redemption problem
Hi everyone, On the 21 Dec 05 Somerfield PLC was aquired by a consortium, and are now a private company which no longer are listed on the London Stock Exchange. My problem is that I have just been given a large cheque for all my shares which I held in this company for 7 years, which means I have made a profit of over £20k.…
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another isa questions
wonder if anyone can help... if i set up a joint isa would our tax free allowance increase to £6000? cheers!
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Quote AER
Just a suggestion, but perhaps all rates quoted on this site with regards to the "best buy" should be quoted in AER rather than gross. Gross can be quite misleading.
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Premium Bonds & mini isa questions
Are these a good idea; few questions Can you check the amount of bonds you have saved online on their website ? Do you make any interest on the bonds saved up ? and is it monthly or yearly ? Is it worth doing, have you ever won anything on it ? Can you widthdraw your money at any time with mini isa or premium bonds bank to…
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10% interest rate on regular savings.
Hi Everyone, I'm new to this site so I hope I'm in the correct department plus, if I receive any replies I hope I can retrieve them. Question: I've read on this site about the A & L regular savings account and the Halifax children's savings account offering a 10% rate of interest. Please correct me if I'm wrong but,…
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What to do with my savings?
Hello all, I have just over £13,000 invested in an ISA giving me 4.75% p/a. I would like to increase the return I'm getting on my savings and am considering transferring this to a maxi isa next tax year and investing in some low-ish risk shares. I don't have a mortgage and the only loans I have are very low interest i.e.…
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With Profits Life Assurance Policy - Cash in??
Hi all, My 1st post so please be gentle. (BTW not sure if correct forum??) I am considering cashing in a With Profits Life Assurance Policy with Axa Sun Life in order to pay off a credit card debt. The policy has about 8 years to run and costs £40 a month. The surrender value is about £2,600 and this would just about pay…
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Alliance Leicester Premier account flagged & frozen
I had a rude shock when I tried to transfer funds from my A&L Premier Direct account and discovered that it was frozen. After inquiring, I found out that my account had been frozen because it had lots of transactions (external and internal, all between my other bank accounts) and the rude lady at the securities department…
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110k - Monthly Income Required
Hi, About to sell are house and take out 110k in equity, we will be moving into rented untill the right house comes along. Could someone give me some advice on the best options to invest this cash. I will require a monthly income from the cash to put towards the rent, if someone could give some hard figures then that would…
