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Leeds Regular Saver issue 3. Funding Question.
As this is a post/branch account only, is it possible to fund this account via standing order? I tried to set up a standing order from a Santander account but can only input a 9 digit account # and my Leeds account has a 10 digit # Anyone got any experience of paying into a Leeds acc.via standing order?
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Too cautious?
We're in our 60s and will have a very comfortable income once all our pensions come into payment over the next 5 years. At present it is just ok, but we manage. No mortgage or debts. I have been reviewing our savings and two thirds are in cash (cash Isas, Santander 123, Premium Bonds etc) and one third in S&S Isas (Mainly…
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No risk £100k investment
An elderly friend of the family has asked me to take a look at her finances. She is a widow, in her 80s, in her own home with no mortgage and is a non tax payer. She is looking to move into sheltered accommodation and wanted to understand her finances better. She manages very well on her income, and indeed has some £10k in…
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M and S regular saver
Hi all. I have just opened an M and S regular saver. Am I correct in saying I can pay say £40 per month in and then pay the remaining allowance of £2520 next November to get maximum interest? or do I need to put the amount of £250 per month every month in?
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Portfolio Bond
Hi, We were sold a portfolio bond for £60,000 five years ago and we can now take the money out without having to pay any fees. In light of the world's problems the money has been dropping and rarely going up and currently stands at £58,000. We are at a loss to know the best way forward, any suggestions please. Regards Alan
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Questions on Help to Buy and Cash ISA's
Hello. I've seen the news about the new Help to Buy ISA's but have a couple of questions I can't find the answers to. Any advice would be greatly appreciated: I already have a cash ISA that has a fair chunk of money in it, but I haven't paid into it at all this year - just received interest on it. Does this mean I can't…
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Help to Buy and Cash ISA
Hi, Could anyone clarify for me whether I can keep my cash ISA as it is not from this tax year as well as open a HTB ISA? I last paid into it in April 2014 and withdrew a little June 2015. This is the only part I am slightly confused about. Thanks in advance!
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Nationwide Regualr Saver vs Flexclusive Regular Saver
Hi guys, I've tried to work this out but im clearly not very good at maths. What account offers the most interest? The Nationwide Regular Saver at 2.00% putting in the max of £1000 pcm or The Nationwide Flexclusive Regular Saver at 5.00% putting in the max of £500 pcm. Any help is much appreciated. Luke * *
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Would I be allowed a help to buy ISA?
I know that I'd be allowed to take advantage of a help to buy mortgage, but I'm not sure about the ISA. I thought it would be better asking here as I'm not sure if all banks have the same rules. Anyway, the complication is that about 10 years ago I bought a house with my then girlfriend and was too young to know any…
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Keep Cash ISA or open Help to Buy ISA?
Hi, I was hoping for some advice on by best option to end up with the best deposit for our first house. I have around £6000 in a Cash ISA with HSBC, with an interest rate of 1.3% AER, 1.1% after 11 Jan 2016. I have paid into this ISA this tax year. I gather that if I open a Help to Buy ISA (Halifax offers 4% AER so seems…
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Inheritance
Hi, I am inheriting approx. 250k and I currently earn approx 25k a year. The problem with investments as I see it is they tie you in, so you can't release any money you as need it. Is there a way to invest 250k to get a good return, but I can also dip into for cash as required? Apologies for the naïve question! I've been…
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top savings account minimum age
Just wondering if any of the current top savings accounts are open to 16 year olds? Have looked at a couple and it says min age 18. Thanks in advance.
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£15,000 to invest in an ISA or mutiple bank accounts ???
Hi.....i soon will be able to tie up for up to 3 years around £15,000 when my endowment matures. Would i be better off putting it in a 3 year ISA (and what's the best % rate do you know)...OR.... do i play around with it and open up several bank accounts 'playing the system' to get £100 off each bank over a year as i…
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Tracker Fund - Go direct or via platform?
Thanks to this forum, I have realised that an Offshore Bond fund I have had for 15 years is not only a bit rubbish now, but has been costing a furtune in fees. I've decided to dump it finally and opt for a cheap tracker - probably VLS-80 or similar. I had assumed cheapest is best by going direct, but could someone point…
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Help to Buy ISA limit based on Mortgage Value or Property Value?
Hi, A little confused with this one as I have some conflicting information. Martin Lewis is saying that this is only valid on properties up to £250,000 (£450,000 in London), but as I read this from Nationwide Help to Buy ISA page... "The scheme applies to properties in the UK, purchased using a mortgage of up to £250,000…
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Surprisingly confused by Martin
Hello. I have been following the development of news about htb isa and listened to many programmes and read blogs of Martin, such as guides etc. However, I am either dumb or his explanations never went into enough detail. He kept saying that you cant have cash isa and htb isa opened in the same tax but you can have one…
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Account that will hold inheritance in trust for a child?
Hello, I've tried looking online for this but seem to keep running into info on Child Trust Fund accounts or finding accounts that are not suitable. My child has been left money in a relative's will, with the stipulation that he cannot access it until he is 18 years old. I need to set up a bank account for this purpose. I…
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Help to Buy ISA/CASH ISA transfer help!
OK here goes, I have a CASH ISA with Santander at the moment and have for last 3 tax years, I have £11540 contributions that I can still make this tax year. My question is, I want to open a help to buy ISA at nationwide ( I have a nationwide current account) and I also want the nationwide Cash ISA. How do I go about doing…
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Impact on banks of the removal of tax on up to £1,000 of savings income?
Hi, Does anyone have any information on what impact the removal of tax on up to £1,000 of savings income will have on banks? I'm writing an article for Uni on this and keen to know from a baking perspective the impact for them. Will they still offer ISAs? What will be the main difference between an ISA v savings account if…
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Help to Buy ISA and Stocks and Shares ISA
Can my sons have a Help to Buy ISA and a Stocks and Shares ISA in the same year. I know you cant have HTB ISA and Cash ISA at sametime but not 100% sure on Stocks ISA with HTB ISA.
