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Funding circle-do you use it?
This is mainly a survey to gauge peoples comfort zones when pushing money onto funding circle..
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Delay in buying funds
1) Hi all, just opened a S&S ISA, is it normal to have to wait several days for a purchase to go through? If I am trying to take advantage of a drop in the market will I be paying at the price I originally but the purchase in, or at the price later on when it is purchased? E.g. there was a dip on Friday and I tried to buy…
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Re transferring isa
Hi guys, I have an is a maturing 6th Jan, and want to transfer to another provider. From Halifax. As I have already opened one with HSBC, loyalty, I can just transfer it to there, but, at 1.2 per cent, Nono. That means opening one, just to transfer in. There,s PO , AA, or Shawbrooks, paying 2 per cent fixed for 2years.but…
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Help to Buy ISA
I have been investing in the stock market for a few years now, probably with the ultimate aim of getting a house deposit together. I have next to zero cash savings. Is putting away £200 a month into a help-to-buy ISA as much of a no-brainer as it sounds to me?
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Where is best for my savings.
I have £12k in a HSBC online bonus saver account. I have just opened a Halifax Help to Buy ISA, and put in £1000 and set up my direct debit. I want to move £10k into something with a better inrerest rate. I dont want to tie my money up for a long time, but i am confused about where to put it. I usually save £300 a month so…
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£100 rule - could it work in a child's favour?
Just an idle thought. Under the £100 rule if a parent invests for a child, even in a Bare Trust, the money is taxed as if it is the parents if the income exceeds £100pa. But what is the parent is a low/nil rate tax payer (e.g. retired) and the child is a higher rate tax payer (e.g. a 16 year old with an Ebay business).…
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NS&I 65+ Bonds - Maturity options
See the NS&I web page for maturity options.
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Adding to BaillieGifford trust
Hi. A couple of years ago I contacted BG direct , and opened bare trusts (Scottish Mortgage) for my 2 grandchildren who had been left 5k each from my mother. My husband and I are trustees. We'd now like to make our own contribution to these using our £3k 'giving' allowances. Possibly now with the stock market looking…
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Confusion over Tax Voucher (Equalisation)
I made two purchases into an accumulation fund in March 2014,1-3 weeks before the ex date 01/04. The distribution date was (listed as) 31/05/2014. So my understanding is that for the tax year 2014-2015 I have received a (notional) dividend. Therefore I was expecting a tax voucher detailing this amount and an amount of…
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Experiences with SelfTrade?
I am thinking of moving my S&S fund (unwrapped) and my S&S ISA to SelfTrade. I understand their charges but I'd be interested to hear about their customer service standard, speed of producing CTVs etc. etc? (You might not be surprised to hear that it's III that I'm seeking to leave.) Thanks for your time.
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Invest 35k for 3 months - HELP
Hi, hope someone can help please. I have a mortgage endowment maturing January but due to a house move my new mortgage ends 3 months later in April - where is best to invest my money short term with no risk, or is it even worth it? I have a Santander 123 acccount so intend to put up to 20k in that. What's best to do with…
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Savings for a grandchild
I have a grandchild arriving in January. I would like to open a savings account for the child , where I can make annual payments . I would like the child to have access to the account when she is an adult . Any suggestions as to which savings product might be the best . Thank you
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First steps into savings in the UK
Hi everyone; I moved in the UK 6 months ago and after discovering MSE I realised I should think more about savings. Currently, I'm holding a c/a with Natwest and I got a credit card giving me some cashback. I got c.£4,000 on my c/a... (I know how stupid it is). When I moved in I tried to open a Satander 123 account but got…
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Young and Confused about savings!
Please help! I have only had to think about money and accounts over the past year or two as I am only young however I feel a little confused … I know ISAs are tax-free but why are we taxed on our savings? If I pay tax on my wages before it gets to me and then transfer it to a normal savings account – why am I then taxed…
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Savings vs Debt Repayments
Hi all, I don't think this is the right place so feel free to move it, but nothing really fits? I started my job in January, and since then borrowed £10k off my Dad. (Car, insurance (x2) etc) As i am very lucky i dont need to pay any interest so i just have to pay the £10k back. This year i paid £3k back so as of today i…
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Cheapest way to access VCTs (and EIS)
For those of you who have invested in VCTs and or EIS on a non-advised basis, which broker do you generally find is the cheapest to buy them through? (Am looking to make some further investments before end of this tax year so thought I would check if there may now be cheaper brokers since I last invested. I have primarily…
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Is it possible to have more than one current account.
I would like to take advantage of saving rates with different banks, but the best ones require you to have a current account with them too. Can you have more than one current account ? Any advice would be really helpful. Thanks
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To H2B ISA or not?
This website calls the H2B ISA a "no brainer" if you're a first time buyer. I'm not sure I agree and I wonder if anyone else has their reservations? Once I've saved enough I'll be looking to buy in Cambridge, ideally in c. 5 years but probably longer. Cambridge is EXTREMELY expensive. You can't even get a decent 1 bed flat…
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Help about new bank savings interest from April 2016
Hi we currently have money tied up in ISA's and have heard from April 2016 regular savings accounts will not take tax on the first £1000 of interest! Will this £1000 include any of the interest we currently get from our ISA's? Basically, if I get £1001 in interest from my ISA can I still then get the £1000 interest from…
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Savings Confusion!!!
Hi everyone, I am after some advice. Currently I can save up to £900 per month and would like this to go towards a deposit for a house - however I am confused with all the options out there! I have identified the following savings & ISA accounts (there may be others), and was hoping someone could advise on the best one to…
