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Mum will be getting an inheritance - what to do?
Hi there guys, I could really do with your help please. Sadly nan passed away (mums mum) about 2 months ago and the house is currently on the market and they have just accepted an offer of £220k. There is 2 daughters so it will be a 50/50 split. So £110k each. What shall she do with the money? I know people will probably…
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Need some advice on bank share baskets...
Hello, In June I invested 30,000 into a 'Cautious' investment portfolio with HSBC. They advised me that this would be my best option as a 'saver' because it would give me a good return, and would be better than a normal savings account which are at such low-interest rates right now. Frustratingly, the amount has obviously…
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Mis-sold investment compensation advice
In April 2010 I invested £100,000 with a supposedly highly regarded investment company. However the performance has never achieved the claims that were made and I have found their administration to be very poor. In July of this year I complained about the advice given, conduct of the sales staff and my dissatisfaction with…
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Need help deciding what to do with my savings?
I am 26 and currently working in Japan. Every 4 months or so I transfer around 3000-4000 back to my UK bank. I opened an ISA at the start of this year and put in the maximum amount and now the rest of my money is just been held in my current account. I plan on staying here until at least next august and possibly an…
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Expat, can I still invest in the UK?
Ok, situation is I am currently non-resident in the UK (living in the US). I have about £15k sitting in a UK bank account not doing very much. I have about the same in the US in a dollar account, also not earning much interest. No property in the UK, but have a mortgaged house in the US. Where on earth do I start with…
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Shares ISA to pay mortgage ?
Between me and Mrs we have about 60k in Stocks and Shares ISA. Still have 278k outstanding on main (interest only) mortgage and due to recently realising have been ripped off with high charges on ISA product have stopped payments into it and started overpaying on mortgage (about 1.5k overpayment per month). Am considering…
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Lost in the woods, hoping for advice
Hi guys and gals …. medium term (occasional) reader, 1st time poster here. I’m looking to be steered in the right direction. My aim is to save money, probably to buy a house in the future (over 4 years time) but if you think I’m focusing in the wrong area please advise. I suppose to help me you need to know a few details…
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Trust fund help
delete? delete
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Tracking down premium bombs
A while ago I was told that I was brought premium bonds when I was very young, there is no paper work available. Is there any way I can trace them and find out if I have premium bonds?
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% Gross v % AER
The Northern Rock pay 2.75% Gross which obviously equates to an AER of 2.75% on interest paid annually, they 2.72% Gross on interest paid monthly which equates to just the same AER of 2.75% My question is why do they have the two interest paying options as the AERs are the same?
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Principality want to charge me £37.50 to get my hands on matured bond
I really hope this is just me being thick, but I just had a message from Principality Building Society saying that there will be a £37.50 charge to move my money into my current account! I had a one year regular savers bond with them, which matured in October and the £6,000 was swept into an 'Instant Access Savings Account…
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Yorkshire / Clydesdale Bank -Fixed Bonds - Restricted Monthly/Annual Interest option
As many of you will know Yorkshire & Clydesdale Bank's recently announced Fixed Rate Bonds are paying the best rates of interest at the moment for term deposits. They also feature as the best paying 2, 3 and 5 year account in MSE Savings section. MSE Savings sections says interest can be received monthly or annually.…
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Shorting European Debt
There was bloke on Bloomburg yesterday who is shorting European Debt. He did this with Argentina a few years ago before their default and is convinced that many European states are going the same way. His conviction is that the austerity measures being taken will and can not lead the growth these countries need. What are…
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Can anyone offer advice on our savings strategy?
Hello We have a few savings accounts with our bank. I’m looking to close these accounts and open new accounts for two reasons. The first is that we can probably find better rates somewhere else. The second reason is that I’d rather separate our savings accounts from our main banking accounts as I find it’s far too easy to…
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PO Index Linked Offers - Confused!
Back in July I took out a post office Index Linked Bond that paid RPI plus 0.5%. I'm sure at the time there was a get out that if after I had held the bond for over one year then I could get all the money plus interest back, minus 0.25%. Looking at the new post office linked offers (the 3 year, and the 5 year), it seems…
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Santander E-Saver
Any existing customer managed to open one on line ? Applied via on line banking (easier and quicking for existing customers !!) and first attempt it did not like me changing my home number which was listed under mobile (error P???? interface not available) so tried again leaving the number as it was so then got error P????…
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MSE Top Savings account
MSE emailed comments on Nationwide My Save warns that on closure interest drops to 0.1% in that final month 'unless you have yet to use your penalty free withdrawal'. That is incorrect; buried in their T&C's they say closure incurs that loss of interest regardless of the number of withdrawals. Martin's following advice as…
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Where to invest £5000 for my 14 year old
Hi Im looking to invest £5000 for my child. Was thinking of Yorkshire bs child bond for 5 years at 4.25%. It wont be needed for 5 years but I am worried about fixing with withdrawals not permitted in case the interest rate goes up. Lots of accounts I have looked at are not for under 16s. Can anyone recommend a decent…
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Lower Risk Investment Choices
I have some cash (within a SIPP) to invest. Looking to choose from a mix of: * PIB's * GILTS * ETF's * Preference Shares Appreciate any feedback, views, hints & tips.... thanks.:T
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Sold house - Making money work for me
We have just sold our house and know that it will be at least 4 months before we are able to start looking for our next property. We are currently staying with family so have no rent to pay and the ability to save on top of the current collateral we have. We would love to make the most of the money that we have left from…
