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£50k for first time saver
I'm after advice as someone who's always been bad with money. I've just sold my house and have paid off ALL my debts. I'm planning to rent for at least 6 months, to see what happens to the housing market. The rent will be paid out of my pay packet but I have £50k of profit from my house sale that's not earning much in a…
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2k to save instantly - already filled up ISA
Hi all, I have about 2-3k to put away, i have looked at regular saving accounts but i know with these you are limited what you can deposit in one go (i could open one of these in incase tho?). I can also put about 500 - 1000 a month into this account also, and hopefully it can be in there for a couple of years. where would…
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Is it worth it?
I have worked really hard over the past year and have got myself debt free from a total of over £5000 debt. I am so happy I could shout from the rooftops! However - my graduate account has £1000 interest free overdraft until next June. It has a balance of 0. (I actually use another bank account for my salary etc.) If I put…
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Post Office Christmas Club
Just seen a brief news article saying that the Post Office is going to open a Xmas savings club scheme in response to the gap left by Farepak. Not clear what sort of deals savers are going to get when they get the money back but on the face of it, it looks like it could be quite a good thing. Does anyone have any more…
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Old dog new tricks.
Hi, I am in mid 20's have no bills, mortage...etc and renting (v.cheap) abroad.. I have got my first job. i have calculated that even if i spend my money very quick (when onshore) i will still have 25-30,000 thousand per year that i dont know what to do with... Please someone help avoid a george best style descent into…
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Non Taxpayer
My husband has recently been made redundant. I am a non-taxpayer and most of our savings, apart from a cash ISA each, are already in my name only so I don't pay tax on the interest. We have also put his £30,000 redundancy into my accounts, and I am getting a bit worried that this isn't legal. Does this count as a gift for…
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High Interest Accounts -Divorce Pending
Hi My husband and I are currently sorting finances prior to separating spring 2008 The money we have is in different places at the moment, he's always dealt with it as he's an accountant, however now I have found we have more than I knew of and he is in the process or getting it out of investments, shares isa's etc, and…
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Postoffice 0% AER
Bit cheeky to not pay any interest. Not sure I would put money in on the vague promise of "significant benefits" just to have cash erroded by inflation. Maybe they should have a negative AER. http://news.bbc.co.uk/1/hi/business/7095944.stm
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ICICI vs. ISA for non-taxpayer.
I have a little dilemma I thought I'd ask advice on from y'all. :) I am currently on a gap year doing voluntary work, earning around £2700. Then I'm going to university for at least four years, if not longer. I therefore presumably will not be paying tax for the next five or so years at least. I currently have £12,000 in…
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Index Investing : Sampled or full replication?
Hi I'm torn between two ftse all-share index funds. 1) uses a sample of the index with a TER of 0.3% 2) uses full replication of the index with a TER of 0.6% Is there any benifit in using the more expensive fund that uses full replication, or does it not matter at all. My concern was that a sampled fund is not holding the…
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Property for Life - Earn 15% per annum
Dear all! I have been contacting recently this new investment opportunity called Property for Life: http://www.propertyforlife.com Their website explains a potential to earn a return of 15% per annum on their funds. Interest will be paid to lenders every half year. There is a minimum term of six months on each loan. Have…
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Bradford and Bingley E saver problems! Anybody else had them?
I signed up to the B&B e saver at martin's recommendation, but have had nothing but problems ever since. The main problem is that I can't log on! I enter my customer number and my password, and it tells me it's incorrect and then eventually locks the account. I've had them reset my password twice now, and the password they…
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Expat help needed
Hello 'Ol Blimey - I'm a Brit now living in the US and have money left in the UK that I'd like to invest over there (rather than convert it to the ever-falling dollar) but have spent hours reading through various banks' etc. websites only to find, right at the end, that their products are only available to UK residents.…
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Private Company Index
Anyone heard of a company called Entrex or the Private Company Index? Apparently they have developed a way for you to be able to invest in private companies, but I wanted to check to see if anyone has any experience with them before I decided whether or not to try it out. Any info you might have about them would be great.…
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Alliance & Leicester fee changes
For those (like me) who don't immediately read emails from banks that tell you about changes to Terms & Conditions, it's worth noting that Alliance & Leicester recently changed the once-excellent low overdraft fees on their Premier Direct current account, and the new "Simplified Overdraft Fee Structure" is not - IMO -…
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Fixed Rate Bond 7.00% AER
Not sure if it's already been posted, but London Scottish now have a 1 year fixed rate bond of 7% AER Link is:- http://www.london-scottish.com/high.htm
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Nationwide/portman Merger - Unfair Discrimination
I have been sitting here waiting for a cheque from the Nationwide in respect of an ex-Portman bond which matured on 9th November, The cheque hasn't arrived so I rang the Nationwide. After being transferred from Northampton to somewhere in Yorkshire to Swindon and listening to several tracks of wallpaper music, someone…
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Transfers abroad
Hi, I often have to make tranfers to european and US bank accounts. What is the cheapest way to do this?
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Open savings account or leave in bank account?
Hi guys, Just a quick question...I have maxed out my ISA allowance for the year and am looking to make the most interest possible on the money I have currently. I have the A&L Premier Direct account whick pays 6.5% gross on balances between £0-2500. I am currently sitting between these two limits so I am right in thinking…
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Savings offsetting mortgage-how safe now?
I have a small mortgage of 36k and offset all my savings against it. It's interest only so I pay no interest on my mortgage and receive no interest on the savings. (I can pay it off whenever I like or access my savings at any point and I pay the amount I would have paid on a mortgage into an Isa each month.) I am now…
