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Credit check for Post Office Reward Saver account?
I'm selling my house and will have around £50k in my bank for at least 3 months, so I thought it'd make sense to stick it into a savings account for that time. Looks like it'll earn around £150 or so with the Post Office Reward Saver (1.4% AER). Firstly, is this a good idea? Any better accounts out there with instant…
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£500k to invest - need sub 90 day access to £400k
Hi Folks I have £500k knocking around following the sale of a house. I will need relatively unhindered access to £400k of that In case something else pops up but what do you recommend to max my return without risk? Cheers Mark
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Buying Shares
Just a question out of interest really, when you are buying shares in a single company what is the usual quantity (in money terms or number of shares) do you spend on each transaction? Also what is the absolute minimum you would buy?
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£150pm regular saver highest interest avail?
Im stuck... hope someone can offer some suggestions. I've been declined for an M&S current account (was hoping to do the 6% saver) .... I didn't even know that was possible! So, I've opened a HSBC reg saver through my current account and plan to save £250pm there at 4%. I have another £150 I want to save regularly, but…
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Buy property or invest in Index Funds?
I live abroad and have come into a bit of money. The options are to either buy a small BTL property in Sussex with a tiny mortgage (20k) or so, or invest all the money in ETF/Index funds. I'm tempted to do the latter as it's less hassle. Any thoughts? I do not need the money in the short term and have no plans on returning…
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Switching from Nationwide to Yorkshire Bank
I am in the process of switching from Nationwide to Yorshire bank to take advantage of the £150 switching incentive advertised last month. I was initially planning to close the Nationwide account so I destroyed my debit card. I planned to post a letter to request closure of the account the following day. However, after…
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8% fixed rate 3 years? Is this real?
Does Anyone know anything about London Capital & Finance (LCF). The Fixed rate on 3 year bonds seem to be 8% with no maximum limit, which seems to good to be true. I've tried emailing them, but have had no reply. Any thoughts on what the risks are here? "What are the returns? The returns are a fixed rate of 3.9%, 6.5% and…
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First save,anyone got savings with them
Thinking of setting up a fixed rate savings account account with them but not heard of them before.Just need to know if they are ok.
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NS&! 2015 1year bond
Can anyone explain how the interest is worked out on the NS&I one year guaranteed growth bond that will shortly come to the end of its term. Quoted rate was 2.8% yet interest at maturity after 1 year is shown to be £224 on £10k invested. That's not 2.8%!. Thanks
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National counties bs
Thinking of saving with National counties BS, anyone had any dealings with these good/bad
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Where to put my money
Hi I have £30k that I am looking to put away for 1 yr and then will look to get a mortgage. please please can someone advise me whats the best option for me and my partner to do??
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Been out of the game for a couple of years - is H&L still a good option for Vanguard?
Hi all, A couple of years ago I sold all my shares and funds in order to put down a deposit on a house. I've got a little bit of a pay rise now, so I'm overpaying the mortgage and I'll have about £100 per month to invest. I'm going to stick to the same plan as before - build up a healthy base through a (or a few) tracker…
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DD to Savings Accounts
Are there any other savings account providers like Tesco Bank that accept deposits by DD. I would like to know as I am having difficulty with an application for my wife with Tesco and need the DD's for another savings deposit with a current account.
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ISA or current accounts then ISA
I'm looking to "pay off" my mortgage. By that I mean saving enough money to pay off my mortgage, but if interest rates are right I'll keep the money and earn off the interest. To do this, I'm selling my old flat and releasing 50k equity after solicitors etc. (I could have kept this as an investment, but I'm self employed…
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Debt vs Savings vs Pension
Hi all. I suppose this may be a well-worn question but no matter how much research I do to try and work out the best solution, I never seem to come up with enough information to help me decide which way to go. So I thought that I might post my circumstances here in the hope of getting some opinions of those more…
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Asset Allocation
Hi All I have just started my passive investment journey this year and am learning new things as I go along. I have read Monevator articles on asset allocations and model portfolios and understand the role of diversification to reduce risk and capture as much of the market return as possible. I understand the balance…
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9 year vs 30 year mortgage
I'm currently on a 9 year mortgage (1.54%) but phoned Today asking for them to extend me on a 30 year length thinking it would be more financially beneficial but it now looks to not be the case. Am I right in being previously wrong? Assuming a start of £80k mortgage paid from this month…
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Saving up to £1k a month
After years of always being in minus, I am finally in a position where I can start saving! I have £2.5k in my account and can save about £700-£1k a month. I am not a home owner, but the idea is floating in my mind, whenever I can get a proper deposit (would be bought together with my other half), so would it be best to…
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Contesting BestInvest closure fees for Junior ISAs
Hello everyone I have decided to transfer my daughters' JISAs from Tilney BestInvest to a new provider (which happens to be my employer). My dilemma is that their extortionate fee of £50+VAT for closing an account - surely it doesn't actually cost them this much - represents more than 10% of the value of each of their…
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175k To Invest
Hi, me and my brother (both 25) have recently inherited some money. Our house is paid off and we are left with around 175k cash with no outstanding debts. I have had a little look round the forum and understand it's advised to get the money in the best interest bank accounts first which we will do as soon as possible. Our…
