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Where to save £20,000
Hi I'm new to the forum and would appreciate if anyone could give me some advice. My other half's father is going to give us £20,000 to put towards the deposit for our first house, which we plan on buying in a couple of years. Am I right in thinking it would be best to put the first £5700 into a cash ISA and the rest into…
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Royal Mail Share Application - Right to cancel? Please help!
Hi there, I'm hoping someone has the answers and can help me! I accidentally made two applications online for a Royal Mail share and can't find any information anywhere on whether I have the right to cancel one of them or if that money is now lost. My one hope is that I know each person is only allowed one share. But i've…
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HSBC ISA issue
Went into HSBC yesterday to find out what the interest on my Cash ISA was. They told me it was 0.2%! I thought it was low but not this low. They said I could close it and open a new ISA with a rate of just over 1%, but would have to start again. Annoyed that it was so low.
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best savings, instant access not needed
My partner and I want to open a savings account, what it the best place to go ATM? We want a joint account where we both sign to remove money and it is going to be used for deposit for a house and we have a substantial cheque to start it off. So don't need instant access. Highest interest rate. I already have an isa.
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Looking to save £50 per month advice
Hey guys I am looking to save £50 per month long term but I am unsure as to what the best option would be...any help appreciated 2nd question...we currently save £400 per month with the rbs but the interest is all most non existent.....what are the best regular saver accounts out there I have tended to do everything…
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ISA or regular savings - which to start with?
Firstly apologies if this should be on the ISA page and feel free to move it. My fiance and I are currently saving up to buy our first home. We are lucky enough that we have money from an inheritance which will hopefully enable us to have a decent deposit, but we also want to try and save a bit more over the next six…
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Investing into Stocks/Shares ISA
I have read through a lot of advice on this forum and a few other sites and am just looking for some advice on my specific situation. I would like to invest the maximum permissible amount into an ISA for both myself and my wife this year - total of 27k. This will be our entire investment into the stock market for now. The…
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Here we go again......
half of UK retail funds may have been misleading the public and breaching the regulators principles that firms must behave with integrity and information must be clear fair and not misleading. not only that but the scale of this practice amounts to an enormous con by the UK investment industry on an unsuspecting public…
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What's effective interest rate on premium bonds?
We have money in an assortment of savings accounts and are planning to put some of it towards a house renovation project. It includes ISAs for myself and my husband, his earning about 2% and mine 3%, and some premium bonds which his late mum saved up for him over many years, buying new ones on his birthdays and other…
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buying royal mail shares for child
How to buy royal mail shares for a child? The offer site says this is possible but i can't find how to do it on the gov site or my brokers.
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Buying a Property using money you would have paid in tax
I have heard that it is possible to buy a property, which would be used solely as a means of providing an income when you are retired, by using money that you would have paid to the Inland Revenue (tax money on your salary). Does anyone have any further information on this..or was I dreaming!
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Releasing cash from my pension
I have a private pension worth about £45 and have gone self employed ( sole trader) last year I need about £10k to grow my business but can't get finance I know there are dodgy companies out there that will sort pension liberation etc but I will get hit with 55% HMRC charge as they are non allowable payments One company is…
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17 soon best saving accounts on offer
Hi, Im currently 16 to turn 17 in November. Im looking for a decent savings account thats available from age of 16/17+ but all that can be seen are under 16/17/18 or over 18. So i was wondering if anyone knew of easy access saving accounts available to start of now to continue using after im 18, Ive started a…
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Where to put £5600?
I have £5600 to 'put somewhere'. I could stick it in nationwide isa @ 2% so £112 interest and no tax. Or i could put it in santander 123 @ 3% so £127 but taxable at lower rate, but get money back for direct debits. Or i could get £160 if i put in a halifax current account £100 reward for joining and £5 month obviously…
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Investment trusts
Looking through trustnet I was surprised to see how many are still on moderate to large discounts. All the infrastructure trusts are on premiums, but there seem many good income and growth trusts trading below value. This can of course be a reflection of poor management or could be mis pricing the actual value of illiquid…
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stocks and shares isa
I am thinking of dipping my toe into a stocks and shares isa I know past performance is no indication of future value but wondering which would be better a L and G uk index tracker or a vantage stocks and shares isa from hargreaves landsdown where could I go to see what is best ..it will only be a small amount at first and…
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help with 5k savings please
we have had an ISA mature at just over 5k. the Cheshire BS sent me a letter saying they will now put it into a fixed rate 1.79% 18 month account on the 2nd oct.. I looked into the small print and there are early exit clauses/charges if I need to make a withdrawal. can someone kindly recommend us a savings/investment plan…
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Confused!
Hi All Looking for a bit of advice, we have £10K to put somewhere, just dont know where! The idea is to save the money as deposit for a mortgage, will be putting in approx £200 per month. Im guessing we need a savings account but no clue at what we are looking for so any advice would be appreciated! Looking for a joint…
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Isa cash limit doubt
Hi, I habe a question regarding the cash Isa limit. I know it is 5760 £ for this tax year. My doubt is regarding the interests generated by this isa account in this tax year, for example: Assuming that i have opened a isa account this tax year and i have put 5760£ this tax year(i dont have any other isa account). Since my…
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Managed Forex Trading Accounts.
I know this is not the typical route that investors go down, but has anyone had any experience of managed Forex trading accounts. The returns are on this type of investment are incredible compared with traditional investment vehicles. The risks are obviously a lot greater than a lot of investments, but some of these…
