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Saving for my grand child with a lump sum not to be uses until she is 18 t
Do I go for Bare Trust but what are the charges likely to be?
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A little investment advice needed
Hi there. Im 18 in a week, and i want to start investing ive done alot of reasearch into it. I have a reasonable income, (we're talking 22k pa) and live with my folks. I feel the time is right to start investing, especially while living at home as i can afford to invest more. Im hoping to invest 100-250 per month for a…
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Savings account best rates?
I've still got about £22,000 to find a home for from my inheritance following my partners death. Ive opened an ISA with £15000 2 Santander accounts with £20,000 in each 2 TSB accounts with £2000 in each At the moment I really don't feel able to cope with more current accounts with standing orders, needing to feed the…
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Best (short term) savings option for 150K?
I'm starting to go cross-eyed researching all the variables on Easy Access savings accounts, so I'm hoping someone can give me a good, quick steer. I'm about to receive around £150K from a house sale and won't be investing it properly (new house or stocks & shares) for about 6 months. [Before I get any 'lucky sod'…
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How do you calculate 12 month fixed bonus?
For example a bank account has an interest rate of 1.55%. Another account is 1.50% tax free/AER variable (including 12 month fixed bonus of 1.25%) Which one pays more? Lets say investing £1,000 in each account and they are tax free. The 1.55% account will pay out £15.50. How much does the second one pay out in interest?
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Old building society accounts
I would appreciate members views on whether it is still viable to keep old accounts open with just over £100 in them on the off chance that they will one day pay a bonus if they merge or get taken over. In the past I have benefitted from having had such accounts; i.e. Leeds, Northern Rock, Portman and Bradford and Bingley…
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Santander Unhelpful
Has anyone else found Santander unhelpful, obtuse and generally a barrier to handling and working with accounts. Someone should train their staff and look at procedures. I'm not travelling in their direction. :mad:
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Belgrave Atlanta / Belgrave Group
Belgrave Group / Belgrave Atlanta This is an account of my Detroit house purchase using the Belgrave Group Basepoint Business centre, Premier Way, Romsey SO51 9AQ Although Belgrave group still exists the company now focuses on properties in Atlanta 'Belgrave Atlanta' company number 08218378 same trading address as Belgrave…
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Have I made a mistake (5yr fixed-rate savings)?
Hi, No-one knows what interest rates will be like up to 2019 but I'm very new to saving and wondering if I've made a mistake locking myself into a fixed-rate savings account of 3.2% up to 2019. Is it believable that an interest rate could go as high as 5-10% in 5 years time, and generally how high have they been in the…
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Belgarve Atlanta / Belgrave group
Belgrave Group / Belgrave Atlanta This is an account of my Detroit house purchase using the Belgrave Group Basepoint Business centre, Premier Way, Romsey SO51 9AQ Although Belgrave group still exists the company now focuses on properties in Atlanta 'Belgrave Atlanta' company number 08218378 m, same trading address as…
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Transfer between current accounts
If you open a number of current account to get the most interest, how do people manage the transfers to meet the monthly payment in. Do you set up a standing order to each of your accounts on the same day then transfer it back a day later or do you circulate it from one account to the other. The first way means a large…
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Graduate account and first job
Hi everyone, I have just graduated from university and currently have an overdraft between £1000 to £2000 in a CO OP graduate account. I will be starting work in London in September earning around £27K. Is it best to pay off this overdraft first before considering an account which pays interest on in credit such as the 123…
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A continuation of my query, £60,000
Due to the support of a few guy's on here regarding my parents, £60,000'sh money. On the recommendation of this forum it seems the best way to have instant access to £60,000 is through 2 particular accounts, Santandar 3,2,1, 3% and TSB Classic Plus Account 5%. I have opened on my parents behalf the following: 2 each TSB @…
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Widowed and need to maximise income from insurance
Hi everyone, My husband died a few months ago and having gone through probate I now have £100,000 from his life insurance to help me through. I am in my fifties and currently have no external employment (I cared for him full time). I work part time on our business and claim WTC, which is £53 per week. I also receive…
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Help investing £21,000 please
Hi all, Would just like some help on how to best save a lump sum of £21,000 that I am due to inherit in the next week or two. I have had a look on the MSE website however I'm a bit confused of the best route to go down, either NISA or current account, due to my current situation which I have explained below. Any help and…
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Bare trust income tax
Dear All, Any advice would be greatly appreciated. I am reading conflicting answers. Looking to save modest amounts for 2 year old - £1000 lump sum then £50/month. Looking at an investment fund based on long-term plan that I believe will outperform cash. I understand the tax benefits of a junior isa but the lack of…
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Whats the best Share dealing account
Hi I am just starting out in income investing (dividends) and looking for the best share dealing account for this. The best share dealing account -Income investing -No more then £1000 in each trade or each 4-5 months -I will invest in investment trusts for income -I will more then likely invest in USA Please suggest the…
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ISA query
Moved to another thread.
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Help needing an account that can't be touched until 18
I'm needing help, my son has a compensation claim ready for settlement and his solicitor has kindly informed us we need an account that cannot be touched until he reaches 18 (we were told initially that the courts held the money until this time) I have tried a few of the high street banks who all informed me that they…
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Santander 123
The £500 monthly funding can this be an in/out transfer from another current account? Do the two dd's have to be "live" and not have to be household expenses ie nominal payments to Tesco accounts? Thanks Ed
