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£200 p/month over 3x different saving types
Hi all, Just looking for some advice... I'm 28 (soon to be 29) and have got to that point where I've realised i really need to look at the future. I currently have no savings, and know pretty much nothing about savings/investments. My plan is to start some savings, but splitting them up over different savings/investments.…
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123 ISA Santander
Hello, Please can you someone help? I've got a 123 ISA which pays 2.3% for 2 years. I am sure this wasn't mention when I opened this but received an email advising me that I'm unable to pay anymore into the ISA after 31st August. My question is I've paid about 5k in so far which leaves another 10K left from allowance but…
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Is Ratesetter safe?
Has anyone dealt with Ratesetter please? Looking for a fixed rate bond or similar savings plan, and Ratesetter came up on Compare the Market as offering 4.8% on 3 years and 6.2% for 5 years. Sounds too good to be true which rings alarm bells - but the fact that it appears on a reputable comparison site makes me wonder if…
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Trust Deed and Inheritance advice please
My husband's Uncle Ted left his estate to his daughter to be held in trust for her as she is educationally sub-normal. On her death the trust was to be wound up and left to my husband. Unfortunately my husband has died. Can someone tell me when the daughter dies does the money that was going to be left to my husband goes…
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Secure Trust Bank 120 Day Tracker Account closing
Received a letter today giving 2 months notice that this account paying 2.5% above base rate is closing on 10th September. Very disappointing but I see they lowered the interest rate earlier this year on their 183 day Tracker. It will be possible for existing holders to transfer funds to a 120 Day Notice Variable Interest…
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How best to invest £50,000?
Almost a hypothetical question. I'm thinking about selling the house I own in Spain and could potentially end up with 50 grand in cash. I don't have a property in the UK. Is property still a good investment here, or could my money work harder for me invested elsewhere?
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Investments
Was wondering if anyone knew any thing about key data my uncle recently died and left me instructions to get in touch with them but I cannot find anything about them :(
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Stagecoach "Transaction in Own Shares"
I've noticed the Stagecoach share price has come down a bit today, on their website they've stated the company bought 26,000 shares in the company on 7 July and and 75,000 on 8 July. Is this considered a negative thing to do and is why the share price is coming down? I am in the company BAYE scheme but don't really have…
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junior account to increase savings interest?
So as I understand it, I can put my money into my child's savings account and as long as the interest on that money is less than £100 per year then the child pays no tax. If I withdraw the money from the account at the end of the year, is there a tax implication for me?
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ISA Vs 123 Acc
I am wondering which is better to use, i understand there are many variables, 123 is subject to tax, ISA's are fixed or instant access etc I can lock away my money for two years poss three but i would like to have access. I bank with FD and i love them but i will move my acc fully to the 123 if it proves to be the better…
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Changing platform for ISA shares
My ISA shares are curerntly held on Co-Funds. I want to move to a new IFA and have met two potential firms, neither of which use Co-Funds. One says the shares would need to be re-bought (that's probably the wrong term but hopefully you know what I mean) on the new platform and he would charge a 3% fee. The other IFA says…
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High Interest Current Accounts
I have just retired at age 60 and have ~£20k from tax-free lump sums on which, like everybody else, I would like to get some half decent interest :) . All mortgages, credit cards, loans, etc paid :j. ISA limit used up to new £15k limit. Being risk averse, high interest current accounts look to be the best choice for…
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Expat- Saving and Investment Options- Vanguard LS
As a non UK resident ( living in Asia) I no longer have the option of ISAs open to me. I am looking to start a Vanguard LS investment plan for the long term and I am unsure of the best way to do this. It seems like as a non resident, investing thru a UK platform is not possible. I would be grateful for any advice regarding…
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To sell or not to sell second home
I currently own a half share of a property with my sister, on the North Norfolk coast. We let it out to family and friends only so it brings in a small income. I am retired and drawing my work pension although as yet not my state pension and I have a small part time job. The property is worth approx £300 000 and my sister…
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newbie saver
Please redirect me if I'm in the wrong place. I've not been able to save until now so have been reading through this site. Net wage about £1100 per month. Mortgage and bills £300 per month. Would like to save at least £300 per month. Have a lloyds account so if I switch to Halifax, get £100 for switching and pay in salary…
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Investment platforms and first time investing
Hi all, I've been reading about investing but i'm a bit confused when it actually comes to investing in a particular fund. From what i understand, you find a fund you want to invest in and say its offered by a major bank. I could apply directly to the bank to invest in that particular product although some products require…
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Pay back key worker loan VS something else?
Hi. I would like advice please as to what to do with £60k I have in savings. About £35k is in an ISA, 10k in Premium Bonds and the rest in a current account. I have a house in Barking & Dagenham, East London, that is worth about £220k of which I have paid the mortgage off. However, I bought the house with the help of a key…
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Police Mutual Guaranteed Investment Bond
I have recently retired from the police and have around £50000 I wish to invest. Has anyone invested in the Police Mutual Guaranteed Investment Bond, and advise me if it is reasonably safe to invest here. Many thanks
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how do people pay safely to invest using on-line platforms
Hi, please forgive this rather naive question but after much research I have selected the funds into which I wish to invest a lump sum ( thanks to previous guidance on here), and also researched which platform is the best to use but it looks like they require payment by debit card but I am wary about using a debit card…
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New ISA Query
Hi there, this is a quick ISA question to any expert out there: Background Having stuck the maximum £5,940 in to my cash ISA at the beginning of the 14/15 fiscal year, I’ve now come to top it up to £15k in line with the new rules. However, I notice that my ISA with the Cheshire BS has a 2% bonus ending on 31st July. The…
