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monmouthshire BSL: Direct Debit
Just moved everything out of the Monmouth BS Rainy Day Saver (used to be a good rate but sadly no more) and would like to close, but I use it to draw satisfy the DD requirment out of Club Lloyds. Simple alternative?
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Castle trust bond
Castle trust is paying 4% interest on a 5 year bond and you appear to have protection up to 50K. Is your money safe should the company go bankrupt?
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have ISA, but moved abroad!
Hello there. I started a stocks and shares ISA about 5 years ago with a fixed term of 5 years. About 18 months into that term, i moved to Canada, initially it was just 6 months for a short contract, but i've ended up staying there. But, i never closed my ISA, so there has been money going into it ever since. I'd like to…
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Asset Allocation in L&G Stakeholder Pension
Hi everyone, Hoping for a little pension advice please! Age: 24 Risk appetite: High (have other cash savings) I deposit approx. £400pm (inlcuding contributions by my employer) into a stakeholder pension with L&G, I'm obviously tied to this platform in order to receive employer contributions. Rather than blindly go along…
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Buy to lets that cashflow or not??
Hi , I am looking to expand a property portfolio and am after some advice on financing.... To paint the picture, my partnerand I each have a property in addition to the one we live in…we are looking to remortgage both our BTL properties to finance a 3rd BTL property…we currently have 2 options. (we have enjoyed some…
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Investing via a company or SPV
Hello All, I've been thinking about long term strategy and looking at building a portfolio of investments which, to begin with, will reinvest the proceeds to create volume over time. One thing I have considered (or want to consider) is if its worth doing this in a special purpose vehicle (hold co.) where share in the hold…
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Should I cash in my stocks & shares ISA now or wait for a year?
I have a stocks and shares ISA worth about £6000 - small beer I know - but I will need to access some of the funds over the next few years to pay for a MSc I am doing. Given the state of the markets just now (falling in reaction to Chinese economy problems) should I be cashing in what I am likely to need now or waiting a…
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Selling BTL Property - Dealing with the proceeds
Hi there I live abroad and have decided to sell my property in London as the rental income is only just paying for the interest part of the mortgage. In doing so, I'd like some feedback on what to do with the proceeds (circa. 130k). My ideas are as follows: 1) invest the money in offshore funds 2) buy a smaller apartment…
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Withholding taxes for US ETFs
Hello, I am looking at buying US ETFs in a SIPP or ISA. I have been reading up about withholding taxes and dividend taxes being applied to any earnings. Are these negated if I use an ISA or a SIPP? Thanks
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How many SIPPs can I open?
Hello, I am considering buying US shares in my SIPP and my current provider has high FX conversion fees. Are we allowed in the UK to have multiple SIPPs open in a tax year - I am considering opening another SIPP with another provider. Thanks!
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Need savings help please
Hello all just looking for some advice on savings. My partner and I find ourselves with extra money every month that we want to put into a savings account. We can afford to put away a regular amount each month, and do not need access to the money for a few years. When I look at fixed rate savings we have to put a lump sum…
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The fscs deposit protection limit is changing 1 jan 2016
Its being reduced from 85k to £75,000 from 1 jan 2016. What are you going to do with the other 10k or more?. are you going to move it?. Its a lot of money to lose if they go bust , so my sense is telling me to start moveing it, what are others going to do?.
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I'm 23 years old and want to start investing. Where do I start?
I'm 23 years old and just starting my first year of university next month. I plan on saving up throughout university so I can buy a house in 3 or 4 years. I don't go out drinking (or maybe twice a year) and I'm pretty good (or tight?) with money so I'll be able to keep costs down. I'll be using the Help to Buy ISA's the…
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Question on savings interest
Hello, I hope someone can give me some advice please. My husband's salary has finally reached the higher tax band, by only a few £. How does it affect interest on his savings? We have a joint Santander account and I do not pay any tax on its 3% interest because I do not have an income, so they take 20% of 1/2 of the…
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Savings tax paid refund?
For the tax year 2014/15 my mum had following earnings State and works pension total 13574 Bank interest gross 1373 on which she has paid 20% tax My mum is aged 84 is she able to claim back tax paid on the savings via form r40?
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50K in a ISA account on 1.3%, waist of money????
hello all, A mate at work was complaining he is only getting 1.3% for his hard earn savings of 50K. should he do something else with that, or wait for the market to pick up????
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Sell! Sell! Sell!
China is going down the pan, interest rates are going up, sell while you can!!! Now please excuse me I have to get a few more buy orders in before the market closes ;)
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Safest UK banks at present?
Ignoring the £85k protection, savings rates etc, is there a report which shows which are deemed the safest UK banks to hold money at present? Maybe based on their risk grade (A+, AA etc)? If you had the maximum to place in a few basic accounts, which would be the top three most trusted? HSBC, Barclays, Lloyds, Nationwide?…
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Cavendish selling largest holding to pay fees
Does anyone know in Cavendish/FundsNetwork if it's possible to nominate from which holding it should deduct ISA fees? I have a healthy balance in ISA Cash Park, but for some reason it keeps selling small chunks of my largest holding to pay the fees. I'd rather it didn't do that, because it pollutes my history and slightly…
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Savings Account for a mortgage for ~1 year
My wife and I have just got married, so with that all paid for we're now focusing on saving for our mortgage. We already have around £6k in an ISA (from previous years), and expect to be saving around £2k a month for the next year, which should be our deposit sorted. We're slightly sceptical about getting a fixed ISA as…
