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Santander 123
I understand to open this account you need 2 direct debits to be set up. Can these direct debits be to say a charity? If not are there any other possibilities that are not utilities? The person concerned does not pay utilities. I thought I had seen something on this topic before but can't find the thread. Many thanks for…
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Nationwide Flex account: Asked for I.D but account opened anyway?
I recently opened a Nationwide Flex account and the first letter I receive asked me to provide some I.D, either in branch or by sending forms of I.D off in the post to complete the application. However, I've subsequently received my debit card, card reader and internet/telephone banking details and can now access my…
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£9K - put in NISA or Santander 123 acct?
Hi, A relative has an old 5 year bond maturing which has £9k in it. I'm trying to help advise on where would be best to re-invest it. She doesn't need it in the foreseeable future so it could be tied up again. Best 2 year fix seems to be 2.1% with Virgin. Whereas with Santander 123 account, as a basic rate taxpayer she…
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Saving to buy first home
Hello everyone, Me and my girlfriend have started saving to buy our first house. We have set ourselves a target of 1 year to save enough money to have the deposit. We have £1000 to start with and looking at saving £1000 a month. Where is the best place to save our money? I have been looking at the Santander 123 account and…
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Best rate for 3 years?
Would appreciate a bit of advice please. I have 2 fixed rate bonds for my children, which have just matured, approx 2.5k in each. My son is now 18 so I'm considering putting his money into an ISA, but the rates are pretty low and I'm wary of tying the money up for too long in case rates rise. I'm looking at a fixed rate…
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Where would we get the best interest on £35000
Hi,this is my first post.I need help with what to do with my Dads £35000 it was in a 3 year fixed term with Lloyds but the interest will be going down to 1.7%.Where would be the best place to invest it(he would like the interest paid monthly)
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Which NISA to invest on
I have £3000 that want to invest in an NISA. which one should I invest in?
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share dealing with right of survivorship
Can anyone tell me of an online broker that offers a joint share dealing account that has right of survivorship. Trying to get a relevant answer from individual companies customer services is beyond their comprehension.
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Wine investment
Hello all, I am starting to get interest in wine investment as i heard that the returns could be more appealing than any financial products. has anyone some experiences in this sector? Thanks and regards.
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P2P - Wellesley & Co
I have 40k to invest, used up all my ISA/NISA allowance and I was considering the P2P market.. As there is no FSCS protection with P2P lending, I was trying to choose wisely to minimise my risk... These people lend the money against property which they say can be sold and your money clawed back if someone defaults on their…
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Fixed Rate Online Bond
My 3 year Post Office fixed rate bond matures in 60 days and I'm wondering where best to lodge the £50,000.00 deposit. At present it pays 4.13% gross/4.21% AER, but I don't expect that rate to be maintained. As a pensioner, I need a regular monthly income to supplement my OAP. At the same time, I have a low opinion of…
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Saving for 6 people without it going against my name
Apologies for the strange thread title. Six of us want to make regular contributions to what will eventually be a trip to America. I'm the organised one amongst us and will collect the money every month, but don't want it sitting in a bank account under my name. What would be the best and safest thing to do with the cash…
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Best place for regular small monthly savings?
Hi all, I'm looking at saving a small amount monthly- £25.00-£50.00 looking long term 5-10 years. Have been looking at Scottish friendly, LV savings plan type thing ( with the life insurance payout, these say that they will pay premiums paid plus 101% of units held- I don't understand this, good or bad?) Do any of you…
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Current account to service a trust
Looking for a current account or could be savings account to hold float money from a trust, facilitate investment transfers (direct debit) and pay small bills including HMRC. It will not hold the majority of the monies which will be invested elsewhere. All the interest paying current accounts require payments into the…
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Getting on a bit and in need of savings help!
Hi, I'm hoping someone can offer some advice to me because, I'm a bit unsure what's best to do. 2 years ago I got divorced and in the settlement I walked away with nothing, giving my wife all our savings, the house, the lot. This came about as I have shares in a company (currently struggling) which are on paper worth more…
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What to do with £55k matured isa
My fathers 2 year fixed rate isa matured in April with a value of £51k + another policy that matured in January with a value of £4.5k His building society can only offer a 3 year fixed rate isa at 1.75%, not sure he wants to fix it for 3 years. He is a tax payer, so has anybody know of any better offers please
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To NISA or not to NISA?
As a low-income, non tax-payer at the moment, I've been left some money and would love to know how best to invest it or save it in view of the current low interest rates. Many thanks.
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A Savings but also a 'life' Question.
I am 25 and just graduated from University. I worked after school until I decided to get back into education and also worked during university/college, so, as a result, I have managed to save a decent amount. Continuing to work during the summer, at the end of August I should of reached the goal of 60k in savings. Now, of…
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No (N)ISA transfers accepted
My partner has a £10k fixed-rate ISA maturing August 1st. Coventry does not accept ISA transfers for their 2.75% fixed-rate ISA (see Martin's recommendations). The amount has remained static for a few years since she went part-time (ie. she has not added to her ISA) and thus I suggested that she drop the ISA to normal cash…
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Been offered the opportunity to buy shares at work
Afternoon everyone, I've just had an email from the company that I work for saying that they are giving me the opportunity to buy shares in their common stock. The thing I'm a little confused is that the price they're selling them to me at are the same as they are on the open stock market (in fact, they're more expensive…
