-
BTL for my Baby
Hi Does anyone know of a good, sensible way to get a BTL property for my newly born baby girl? The ideal situation would to be able to put 10k deposit down for the house and have it in my babies name with me as a guarantor for the Mortgage. Then there would be no income Tax or other tax issues compared to if I bought it in…
-
putting deposit to pension
if someone has 100k and he has at least 30 years of work ahead, is it wise to put that money into his pension portfolio?
-
Kids fun account - recommendations
Hiya My 8 year old for his birthday wanted "a business" so we bought him some chickens and "barneysextradanaryeggs" was born. He gets up at half 6 everyday and does everything himself. He is now selling lots and the local nursery has 30 eggs a week so he is doing really well. Now for my question.... We want to open him a…
-
Barclays losing £700
I had an ING Direct savings account, who sold their UK holdings to Barclays. The originaly sort code and account number were re-routed to Barclays for some time but then disabled and it seems they were recycled for use by HSBC. Barclays maintain they notified me by post but no matter how hard I tried, their system seemed…
-
Best way to save?
Hi all, I've posted on here a few times, haven't saved anything at all. I'm now a bus driver, and will be earning between £1600-1800 per month. I'm 21 next month and I live at home with my mum. I need to get it together, start saving for a house deposit. I need to take advantage of my situation, I'll easily be able to save…
-
Overpay into Pension
Who does this in order to bring them out of 40% tax bracket (for savings interest etc)? Just curious... Would like to build my savings for a home at some point and overpaying into pension would limit this, but at the same time would like to do that to get around having to submit a tax form at year end for the extra 20% tax…
-
No interest on first £1000 saved
This has likely been covered before (sorry!) but I assume this means advertised rates now do not include any tax? So TSB Classic Plus 5% you get the FULL 5% tax-free? What if, over a whole range of accounts, you earn £1001 in interest? You just submit a tax form at year-end and the £1 is taxed at 20%? Likely my interest…
-
Which bond to take money from
I need to take some money from an investment bond as I am helping my Son out with a deposit for a house This money will be a gift so will not be replaced I am trying to decide which bond to take the money from I have never taken anything from 2 of them so there will be on tax implications or penalty to pay I am wondering…
-
Club Lloyds - setting up a direct debit
Hello, I would like to open a Club Lloyds account, however I only have 1 direct debit and you must have 2 to open an account. Is it possible for me to set up a direct debit to pay a small amount into one of my other accounts/a family members account to allow me to open an account? Thank you :)
-
Child trust fund - fees
I've got a child trust fund with the Share Centre. I've just seen in the annual statement, they've started charging (appears from 2014 onwards) £11.99 per year to administer it.. Can anyone recommend any 'non fee' decent funds I can transfer to.. .. hopefully I can transfer! any help gratefully received.
-
2.5% Consols redemption
I inherited some 2.5% Consols from a relative many years ago. I never really knew what they were until I researched them a few years back, wondering whether I should sell them. Luckily I didn't as the Government are now redeeming them at par. My question is, is this a good thing? Should I be happy, or given the current low…
-
£35,000 to tie up for two years (New to saving) advice needed!!!
Hello, I just recently split up with my partner and we had a Mortgage together which we were paying into together for the past 5 years or so, we sold a house and bought a house, and then sold the new one when we split, . Since we split up and my share of the House sale came through I am unsure what the best option for my…
-
Switching Banks
Hi im thinking of switching to 123 account at Santander has anyone had any problem's with this bank, as I can earn a lot more money than my bank now
-
Investing in stocks listed on NYSE
As a little bit of fun, I'm looking to invest a sum of money in a company listed on the NYSE. I already have a S&S ISA subscription with Charles Stanley Direct, but looking around it seems that X-O.co.uk and SVS Securities might be more economical as I don't anticipate doing many trades. With that said, I can't find NYSE…
