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I'm considering changing my bank
They are the ones that do the 4% account on up to £5 k. But they've really annoyed me over something and before I commit to leaving them I'm wondering if any other bank gives similar interest.
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short term deposit accounts ??
hi we have nearly sold our house and about to go travelling for apprx. a year. my question is how best should i invest £250k? Ideally I would like access every 3 months so I can maybe move it to a better rate and also receive the interest it has earned. Your help is much appreciated. andrew
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Suddenly nervous of investing in shares. Do some people not do it and only trust cash
I have been to see an IFA as I have a number of financial issues (divorce, pension issues, mortgage). I work FT. I potentially have £200k that can be invested. When the divorce is finalised, I will have a mortgage of £240k. Those 2 situations need to be separated for 2 years (i.e. that £200k can't be used to pay off that…
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Interest limit reached - now what?
Hiya, I have a Halifax Acc and a TSB Classic Plus Acc. The Halifax is my "main" account - I've paid my "yearly" expenses (car tax etc) in full, then what would have been the monthly repayments I transfer into the TSB account. Now - The TSB account is at £2k. I'm not getting any more interest on anything over the £2k. So…
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Tax treatment of bank account fees
Hello, I work part time PAYE but earn a few grand a year on a self employed basis. All declared in a self-assessment. I have recently moved to a fee paying bank account which pays interest. I pay tax on this interest income directly and will be declaring it (it's significantly more interest that would be available in a non…
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Expat in Middle East needs to invest, which bank?
I'm residing in the Middle East aiming to head to the UK end of the year, but want to put my cash somewhere before I leave (i.e. get it out of here, Saudi Arabia). I'm an Australian citizen but hold a British passport and have a residential address in the UK, however it's proving difficult to even open a bank account. Any…
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18mth investment/savings - premium bonds or fixed rate savings/bond?
We have a CGT bill to be paid by 31 Jan 2017 and as we have the money now we want to set it aside (so that we don't spend it!) and hopefully have it work for us until we have to hand it over to the taxman. The amount concerned is £8,500. After some research the high street banks seem to be offering approx 1% gross on fixed…
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Cheapest way to invest £1000 a month
I am looking to invest £1000 a month into Vanguard Lifestrategy 80 as opposed to a lump sum. I have an iWeb account and this would cost all in £60 a year but cannot be automated. Is there a cheaper way that can be automatically set up? :D
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Nationwide Nightmare
I have a Cheshire BS Postal Direct ISA that I want to close and withdraw. I was aware nationwide had taken them over, but with little info available filled in my Cheshire form and sent it off to close the account and transfer the funds into my currant account. Nationwide phoned me today saying the form doesn't work any…
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ft portfolio behind the times
Hi I use the free and normally useful ft portfolio tool for tracking the performance of my s+s and pension Lately I've noticed the tool doesn't match the values in the real accounts; trying to figure out why but seems ft aren't updating their prices regularly. Current prices are those from May 1st. I've emailed their…
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getting a refund on a poorly taught FX course
Hello All: I recently attended a two day FX trading course. I did my research and this was an established training company with apparently good feedback. At the outset it was presented to me as inclusive of support and DVDs. When I was told that the support forum would be free for a month after which it would carry a…
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Should we get a Mortgage or start investing?
I'm looking for some advice on what would be the wisest move for us. My partner (41) and I (35) are debt free and currently saving to for deposit on a flat. We are looking to buy in London at around 350,000 and have managed to save £10,000 so far with the goal of putting down 10% by next summer. I've recently been…
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State Bank Of India - Fixed Rate Cash Isa
We have opened a 3 yr fixed rate ISA after seeing this listed on the MSE ISA Page - it's regsitered with FSA and has the full protection so happy with that. We have had confirmation of deposit, through post with online details required for online banking. We are transferring in an existing ISA but have had no communication…
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Owning 2 Properties or 1 - Good or bad debt?
I own a two bed property in London and the mortgage is around 170,000 GBP. I believe it is worth around 350,000 GBP. The rent falls just short of a full repayment mortgage. I hope to shift on to 25 year repayment mortgage in a couple of months. I'm now living in Tel Aviv, Israel and I bought an off plan apartment which…
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Investments advice on funds & ISA
Hi First post so go easy. Have decided its time to save/invest for the future (pension, kids uni or other) and have £450 available to invest each month and 8K in capital. Mildly averse to risk, but over 15-20 years investment period I am willing to accept some risks as not expecting early 'fast' returns. Both wife and I…
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Junior ISA ownership
If you have money a couple of grand in a kids junior ISA account which is locked away and cant be touched till they are 18. Is this money classed as being the parents money or the child's and could you be penalised in regards to means tested benefits?
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Grandchild Savings.
We are looking to set up a savings account for our first grandson Could anyone recommend a savings account where we can deposit monthly, managed via the internet,one that doesn’t reacquire us to constantly swap and change to get the a reasonable rate of interest. in addition please suggest options of both non withdrawal…
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Are dividends paid out if you withdraw your money?
The fund I have invested in pay bi-annually and wanted to know if I invested for 3 months and then decided to switch funds, would I still get any dividends? How does it work? Thanks
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II and Tax relief / refund after SIPP contribution
Hi, I had opened a SIPP account with II and made a payment to my SIPP account in Dec 2014. I have not received any tax relief. I formally raised a complaint with II. I am enclosing the following response from II. "Our SIPP provider The Lifetime SIPP company (TLSC) have advised us that the non-payment of tax relief has been…
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£50000
Hi Guys, How do i best invest £50000 to gain the greatest intrest. Thanks in advance. JON
