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Keep investment property or sell? What to do with the money?
Wonder if anyone can offer me opinions on whether to keep my money in a house or invest elsewhere. My situation is I have a fairly large (but easily affordable, low interest) mortgage on the house I live in with my husband, and a small mortgage on my own previous house which I rent out. (I could have paid off the smaller…
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why is it so hard
for savers to check the credit rating of UK banks and building societies. Surely such information should be prominently displayed on say the FSA or readily available. Any suggestions? I am looking for a full list of institutions i.e. at least 100.
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Dripfeeding - is this the best option??
Hi I wonder if anyone can confirm my line of thinking is the best action to take? I have £65000 that i potentially may need access to should we move home. If i were to deposit £50k into the 3.25% egg account and drip feed £500/mth to the Halifax Reg saver at 5%, and also the Buckinghamshire 6.25% this will give me apprx…
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Can anyone recommend a good solid, middle of the road, cheap unit trust.
As per title. Not sure yet if regular saver or lump sum, but i'mlooking for something that safely reflects the uk stock market.
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Egg / is there anybody there?
I was going to open an account with Egg today but I've had second thoughts. I wanted to ask them a couple of questions but after 10min getting past the automated robot I was then on hold for 15min and finally gave up and tried again later to the same effect. If this is how they treat potential customers what do they treat…
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Transfer of shares
My married daughter is about to sell some BT shares she owns from when she worked there after graduating. I think I would like to buy them from her but need advice as to how she goes about transferring them to me, whether any tranfer costs are involved and how I pay her for them
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Trading - Cheapest online stock broker?
Hi, Im fairly new to trading and am looking for the cheapest online execution-only stock broker. The cheapest i have found is E-Trade who charge £11.50 each way so a total of £23 per whole trade. Does anyone know a better price elsewhere? Do any cashback sites offer cashback for online stoack brokers? thanks
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FSCS increased limit for house sale proceeds?
I know there was a consultation on increasing the FSCS, but can't find anything that says it was/is being introduced. Can anyone shed any light, please? My sale and purchase are not happening on the same date, so I need my money to be safe for the couple of weeks in between. Many thanks
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Of Interest to GOLD BUGS
Interesting story from Mineweb.com concerning Barrick Gold More than two decades ago, Barrick transformed the international mining industry with its new-fangled policy of hedging gold production. Now Barrick admits it's finally time to let its hedgebook go.…
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I won the lottery
Hi, I won the lottery last night after being tipped off by Derren Brown. Was wondering the best place to put my winnings? Its over 2 million.
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Savings rates have really jumped, will it last? And why so low for so many years?
According to financial journalist Rupert Jones, "The sun is shining on Britain's savers." The article says Brits are saving more now than they have in the past five years, and a figure of 92.41 per month was given was given in the article. I was curious about this as the U.S. savings rate has gone from zero, yes zero, to…
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Help - i'm a bit confused!!
Hi there - we have been given a gift of £1000 for our 2 children (5 & 3 year olds) from a great grandparent. We want to open a savings account for them. The money can be locked away for a few years...if this gets a better rate. We will not be able to add to the amount on a monthly basis. I'm assuming we open the accounts…
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Regular V fixed rate
Which is better £250 in reg saver with 6.25% interest per yr or £5000 pa in fixed 3.90% per yr?
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Best savings account
Evening everyone, I have around £3000 on its way to me through inheritance and I'm looking for a good place to save it. Ideally, minimum notice with as much interest as possible. But I am happy to have a 30 day notice account if the interest is decent enough. Any help anybody could offer is gratefully received. Thank you…
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Advice Please ISA v Savings Account
Hi all, Looking for advice please? I am now in a position where I can start saving £400 per month. I do not, nor have I ever had an ISA, and I am thinking of going down that route, but I'm not sure if it is the best option, given there are some bonds that (appear to) give better interest rates? I would appreciate any…
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Faster Payments Advice Needed
Hi to save me numerous experiments can any one advise on the faster payments status for the following banks, all current accounts. Halifax: Tried sending online and works great. Limit is £1,000. Have not tried receiving but assume this will work fine also. Lloyds: Receives instantly from Halifax. Have not tried sending but…
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MSE News: Growing number of savers oblivious to interest paid
This is the discussion thread for the following MSE News Story: "A growing number of people do not know what return they are receiving on their savings, a survey shows today. Roughly 36% of people admitted they had no idea what interest rate they were paid, up from 32% six months ago ..." Read the full story: Growing…
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Is the big one coming?
I work for one of the world's biggest insurance companies and wanted to share with you what a few of the very senior global investment strategists were chatting about at the end of my last meeting. They were saying that increasingly they fear that stock markets are currently hugely overvalued (looking at PE ratios and true…
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regular saving for a child
Hi looking for some advice as have just had a baby and want to set up a regular savings/investment account to help them go to uni buy a first house etc. What I plan to do is use the weekly child benefit to fund this but am unsure which is the best plan. I like the idea of the child trust fund as this is tax free but would…
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Purchased Life Annuities. Good investment for income?
I have just read this article on the HL site, and thought it worth posting as a few people on MSE have sought advice on investing a lump sum. I am no expert but have usually found HL to be fairly reliable. http://www.h-l.co.uk/news/Feature-articles/id/1941
