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Advice please: re sorting out my DDs re my Santander 123 Account
Hello :) I'm not great at thinking through things clearly at the moment (Depression and anxiety issues) and would greatly appreciate your thoughts, on whether I've got this right. I opened a Santander 123 account on 16th March and am aware that I need to service it with 2 DDs. So, I'm thinking about the best way to…
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Interest on £70000?
My partner and i have seperated and are selling house, i will have about £70000 as a deposit for a new house.I am staying with a friend until i find a house.My question is how much interest could i earn in 6 months on that amount, i do not want the money tied up, in case i find somewhere,thanks
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Help with tax on a bond
Should I pay tax on a pru bond if it takes my total income with my pensions over £10,600 ?I am 60 and took early retirement.
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is it an error? sainsburys up 10%
I just logged into my sipp, to see it going crazy Sainsbury up 9.61 today ROYAL DUTCH SHELL 6.33 National grid 8.33 BAE up 7.61 Surely too good to be true? Annnddd... its gone, easy come easy go
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Thoughts please
I am extremely lucky that I'm getting an inheritance in 3 weeks. It will be approx £60,000. What should I do with the money? I'm at the end of yr 1 of a 3 yr fixed mortgage at 4.49% but can put in £33,000 this year. and then after the anniversary put in a further £30,000. This will lower the LTV so I'm looking at…
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With Profits investments
Hi, I'm sure I've read over the last few years that With Profits investments are no good. 15 years ago I took out a policy with Sun Life. One of those where you get a free Parker pen for asking for more details and a free luggage set when you take out a policy. The sort of thing that Carol Smilie used to advertise. They…
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Where do I start with stocks and shares ?
My husband and I are approaching 50 and would like to invest on a regular basis for the next 5 years with a view to start drawing income from the investments in around 10 years time. We can invest around £1000 -£2000 per month and already have ISA's with AJ Bell so I believe we can use them as a platform to invest. We have…
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New to bonds: what to expect?
Hi all, Having sorted out investments in equities, I've decided to keep some of my portfolio in short-term bonds. I've decided to stick to high quality corporate bonds. What yield would be considered reasonable or good? Could you give me examples of high credit rated, good-yielding corporate bonds? I've considered bond…
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Stamp duty on transferring shares?
Hi, apologies for some financial ignorance....I was wondering if anyone knew if there is a stamp duty to be paid on transferring shares to another person? I have some shares I want to transfer to my adult (over 18) daughter, and I was wondering if there is any tax or stamp duty to be paid on such a transfer? (the amount is…
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ISA Advice before Budget changes take hold
Hi, I am looking for some advice. By the end of this tax year I will have £11.5K in my ISA. Until yesterday I had been planning to transfer it into a new ISA and continue to save. During the next tax year I will have an additional £20K+ to save. (Maturity of shares plus monthly salary savings) I am a potential first time…
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Cash ISA
Hi, I currently have a Santander Direct ISA saver which pays 1.60% interest. I currently have £5k in the ISA. They paid the interest at the beginning of March 2015, totalling £53. My issue is that the ISA reverts to an ISA saver on 16th April 2015, with the lesser interest rate of 0.50% for under 10k. Seeing as they will…
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ADVICE PLEASE!!! Young person trying to save but cant stop dipping into savings!!
Hi I recently had a fixed rate isa (rbs) that expired, it was locked away for 3 years. I did not like the fixed rate isa because I was unable to add funds to it - however it was good in a way because the money was locked; I could not touch it and if I wanted to take money out of it I would be heavily penalised. I want to…
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Santander Fixed Rate Bonds - STUCK - HELP!
I have had Santander fixed rate bonds for a few years now. They always gave additional bonus interest for loyalty etc, so the interest rate matched the best in the market. In previous years, taking money out within the bond year just lost interest as a penalty. This year, 2 bonds that I have rolled into bonds where I get a…
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Deferred Interest
I have a one time issue coming in 2015/16 where I will have a large capital gain to pay CGT on. Currently without my Investment Income I would have about £20k available at 18% with the rest at 28%. As the gain should be availble in April/May it means I would also have to pay Higher Rate Income Tax on the investment of the…
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Why are they calling ME?
MY OH went over the bank on Monday afternoon to talk about his accounts and moved/switched his ISA. (that's all I know about HIS money). Since then (Wednesday morning) I have had three or four telephone calls asking for me by name and its about ISAs. I don't have an ISA, never had an ISA and I just cant figure out why on…
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InvestAcc SIPP Lite
Hello, I wish to invest a lump sum in a SIPP for the first time. I have done quite a bit of research and it would appear that the InvestAcc SIPP Lite is the best option for the following reasons: I want to invest in a deposit account within the SIPP as we may be buying a commercial property in the next few months. This…
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how can I earn £100 per month interest?
So I am looking for ways to work out how much and where I need to put away money so I can earn £100 interest per month. Its possibly a hyperthetical question but I'm looking to see if I can cover the morgage interest with savings and hold the capital rather than overpaying the morgage. I have 2 TSB accounts fully funded…
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MSE News: Budget 2015: Martin's reaction to the savings changes
MoneySavingExpert.com creator Martin Lewis gives his instant reaction on the savings changes announced in today's Budget. ... Read the full story: Budget 2015: Martin's reaction to the savings changes' Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read…
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Selling shares
Hi, pardon my ignorance, but i have a question regarding selling some Marks and Spencers shares. . The shares are worth less now than when they were inherited, in 2007. £5.14 today , £7.40 in 2007 . The total value today is approx £7000. Do you pay any taxes on shares that are sold at a loss, many thanks
