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endowment surrender value
We`re looking to surrender 4 of our endowments and have had quote for 2 from Standard Life regarding their values , still waiting for Refuge !!!!!! to post their values to us . Is it generally best to accept the Companies offer or is there somebody who will give us more to buy them off us ? Any halp appreciated as always…
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How to make our money work?
Hello everyone, I am new to this and would appreciate some advice. I have recently become unemployed. The good news is, I receive a monthly pension (£1275 pcm) and I also received a substantial terminal grant. I have £60.000 which I would like to make the maximum amount of interest. However, my wife and I may require…
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Saving For Driving Lessons/Car
Hello there, I have been reading the forums for a while now. I wondered if anyone could help me and tell me if I am doing the right thing. I am saving up for driving lessons and a car, what I have decided to do is to save up for the whole lot. So that when I pass my test I can go out and buy a car rather than having to…
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savings fountain
hi im deb, ive been getting the mse email for overa year now and i just want to say a big thanks to martin and all the staff, but also to all money savers, your hints and tips have been my lifeline. i've gotten out of debt and now i have savings. firstly i have an isa with nationwide which i think is 4.74% up to the max…
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IHT & Investment issues
Following the death of my father-in-law (un-expected), I have been assisting my Mother-in-law with sorting the finances. Due to ignorance both of the impact and the complete financial situation we didn't take the IHT trust out of the estate before everything passed to her ownership (oops). But no use crying over spilt…
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Question about Interest & AER
Hi All, - Interest If I put £10K into a savings account which pays 4.08% gross interest every quarter, does that mean that at the end of each quarter, I will get 4.08 * 10000 paid in as interest (ignoring tax)? i.e. 4.08/100 * 10000 = £408 gross per quarter? - AER If this savings account pays 4.14% AER, does that equate to…
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Advice on where to save my money.
I came into a fairly large sum of money about 3 years ago, just over £20,000. Since then it has sat in a Nationwide e-savings account at 4.75% gross p.a./AER but I recieved a letter yesterday stating that this interest was to drop to 4.60% gross p.a./AER. I would like to have good access to my money and do not want to take…
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Okay so heres my situation
Ive got roughly 5K in a Brandford and Bingley Smart saver which gives 5% interest if I make less than 3 withdrawels per year (I dont need to withdraw at all. (Im 16 btw) Have about £900 in my currect acc which I dont neeed so could put into the saver...which i assume putting money in does not affect my withdrawel. Is there…
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Cash ISA - Advice
Hi, I have approx £23k saved in a cash ISA with Intelligent Finance at 4.55% (Yearly interest). I'm thinking of moving this to an alternative provider for a better interest rate, however does this mean I will have to pay a fee? Before investing with IF I was with the Halifax and due to them both being owned by HBOS there…
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Calling existing Skipton members
You could be in line for windfall of £200 - although there's many a slip twixt cup and lip. Click here for more details
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Am I doing well???
Ok, I'm Damien, I work in a bank so realistically should be good with money, but am i?? I am very very very obsessed with saving and am always worrying whether i have the best products and am doing the right things! Here is what i have, i have £6000 saved in an ISA (including this tax years allowance and am waiting to fill…
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Avoiding tax on interest
Hi, I am a higher rate tax payer and my wife is a non-tax payer. I have a new 9 months 0% BT card which I am considering taking the full credit limit from and stuffing it into an interest account, earning the interest and then paying off in month 9. Is there anything to stop me opening the savings account (ICICI?) in my…
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£8000 over 6 months
Over the next few six months I should earn around £8000 from a new job...I have been looking to open an ISA for some time...but am unsure whether it would be better to open a savings account..out of the £8000 I am hoping to put about £1000 a month into some sort of savings account or isa...Any help would be much…
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northern rock share prices
Can anyone tell me why Northern Rock shares are rocketing at the moment and if it is a good idea to sell now or hang on and see what happens.Thanks.
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Investing a cheque which is in Euros
I have been presented with a cheque from a relative, and it's in Euros. It's for a fairly substantial sum, and I'm wondering about the best way to exchange it into sterling. I can then think aboutthe best way to invest it! The answer may simply to be to open up a high interest savings account at my local bank and deposit…
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Best Monthly investment returns
Hi can anyone please advise on investing £19000 that would give the best monthly income return. :rolleyes:
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which account?
I just turned 18 and have an account with Halifax (HALIFAX CARDCASH) which has a debit card with an interest rate of about 1%, and don’t have a regular income. However, next year I am going to university (and have an acceptance letter) so it worth opening a student account? What is the highest interest I could get with a…
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How much interest would I have received in January ?
I have been misinformed by a major High Street bank and I need to go into the branch to tackle them about it. To explain briefly, for the whole month of January, I received 0.60% interest (net) on a balance of £494.29, how much extra interest I would have earned if the interest rate had been 3.80% net? It would be great if…
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Shares in home building company?
Hi all, new to shares so please ignore stupidity. BUt can anyone tell me whats happeing with the shares prices in house building companies such as Barratts, Wimpey, Redrow and the likes.....how comes the share prices have jumped up this week!!! Any ideas :confused:
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Savings for under 18's
Hi, i oppened a Nationwide acount in July for the 5.00% intrest. Today I got a letter telling me that the intrest rate has gone down AGAIN to 4.55%, 4.60%, 4.65% tire rates. I will only get the 4.55% as i have less than £10,000 in it. 5.15% - ICICI - Must be over 18 5.15% - Alliance Leicester - Must be over 18 5.00% -…
