-
Capital gains tax with sale and reinvestment.
I have made about £10,000 increase in the value of an income unit trust x, if I now sell this particular trust and reinvest it into a different product z, with the same provider, does this mean a capital gain of £10,000 which is within the years allowance? If I want to buy the original unit trust x again, do I need to wait…
-
Moving Shares into an ISA
I have a number of shares spread across a good range of companies after being a member of Motley Fool Share Champion for a few years. Some up, some down, but overall have returned a 28% profit + dividends over the course of 5 years. They were bought via SVS Trading and now coming to sell them, it would cost me a fair few…
-
Nationwide reducing many Savings rates on 1st September
Just found browsing Nationwide's site and under the Support tab on the intro page there's a piece called Bank of England Base Rate Change Savings | Nationwide Flexclusive Regular Saver is staying the same as are a few others but many variable rate accounts whilst not specified will have their rate cut by 0.25% on 1st…
-
Best way to buy a share a month
Hi. I'm new to share buying. I want to buy one share a month in Tesla (TSLA:NASDAQ). Currently they cost about $226. I was wondering what the cheapest and easiest way was to set up a share buying account , with a direct debit to buy one share a month. Thanks.
-
Pru with profits bond
Me and my wife have joint name with profits policies with the pru (I think it was called the prudence bond) in 1999 we placed a lump sum investment, whilst this has done pretty well over the years we are now looking to draw down some income from this bond, I seem to recall when we invested that you are allowed to withdraw…
-
old building society account
I have just found our old National and Provincial Building Society instant reserve account book. There is a reasonable amount of money in this but was last accessed in 1991. I realise the building society was taken over by someone sometime ago. Is there any chance of getting this money back now?
-
Want to buy as a renter in London
Originally Posted by GoldenFruit View Post Hello My ideal is that I'd like to buy a property (possibly outside London) while I rent and live in a place which is convenient for me and my daughter. With £50k-£70k to use a buy to let is not looked on favourably to a renter. But I don't want to leave money in bank anymore.…
-
zopa investment
Has anyone put money into ZOPA is is as easy as it says it is ? its a tempting deal has anyone lost any money with them ? I'm looking to put 50k in for a year , don't need the money out in a hurry but would like to earn a decent rate on it thanks for your advice
-
Help to Buy ISA Question- 10% deposit
Hi all, I have a 10% deposit for a house that I have had an offer accepted on. The deposit includes £2000 from my help to buy ISA (£1600 + £400 government bonus). I understand that you cannot use this money on exchange, but only completion. Is this correct? The whole savings amount or just the bonus? Also I am aware that…
-
Old Shares
Hi there I'm hoping someone out there can help me. I am currently having shares from my late parents transferred into my name. My mother passed away three years ago and my father 9 years ago. I did try and transfer the shares at the time but I was quite young and was confused about things like probate. I have now initiated…
-
Cash ISA rates post Brexit
Are fixed cash ISA interest rates going to fall or rise post brexit? Rob
-
Small amount...what to do with it?
Hi everyone, I have a small ISA maturing in October, somewhere around £2150. I don't know what to do with it next now that interest has dipped again and rates are lower than ever. I'll be using the £150 to clear a CC, and the rest is designed to be the start of a retirement pot so can go down the following paths: > Return…
-
Capital Gains on ACC funds Calculation
I am sure it has been covered before, but I cannot find an exact match to this case. Can anybody provide me with the correct calculation, please? 1) I have holdings in ACC version OEIC/UTs. I have bought various amounts in different years, and now sell a proportion (say 10%) of them. How do I correctly calculate the…
-
Vanquis Fixed Rate Savings Account - 5 Year
Does anyone have any experience of the Vanquis fixed rate savings accounts ? I've never heard of them before, but like the idea that it can be opened online without having to send ID documents etc through the post which would delay opening an account.
-
premium bond standing order returned
Have been buying premium bonds once a month by standing order with no problem, July's payment was returned to my bank (santander), phoned ns&i who said they had a problem with a number of standing orders because they have recently changed banks. Every time I phone them (3 in total) they say it will be sorted and the bond…
-
Moving Managed Fund from Isle of Man to UK bank account
Hello, My mother has a small STG Balanced Managed Fund in the Isle of Man that was opened when her parents' house was sold in the early 90s. She lives in Canada and so doesn't have a UK bank account. She would like to close the fund and transfer the money to me as an inheritance gift so that I can put it towards the…
-
Moving Managed Fund from Isle of Man to UK bank account
Hello, My mother has a small STG Balanced Managed Fund in the Isle of Man that was opened when her parents' house was sold in the early 90s. She lives in Canada and so doesn't have a UK bank account. She would like to close the fund and transfer the money to me as an inheritance gift so that I can put it towards the…
-
Moving Managed Fund from Isle of Man to UK bank account
Hello, My mother has a small STG Balanced Managed Fund in the Isle of Man that was opened when her parents' house was sold in the early 90s. She lives in Canada and so doesn't have a UK bank account. She would like to close the fund and transfer the money to me as an inheritance gift so that I can put it towards the…
-
How much disposable income would be considered well off for an 18 y/o in the UK?
Here's some some background info. I have managed to secure myself a passive income of around £11000 plus I work weekends in a Boots as a pharmacy dispenser where I make around £6000 a year not including over time. I am about to study medicine and my goal is to go through uni without gathering debt. Would my circumstances…
-
Paragon Bank - 3 year fixed rate
Hi I applied for a 3-year fixed rate at Paragon Bank (as it topped the savings table) on Wednesday 3rd - all went well and have received a welcome pack yesterday. However, for the life of me, I cannot remember what the interest rate was! Was it 2.30% or 2.10%? For some reason this key information is missing from the pack…
