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AJ Bell YouInvest - refugee destinations
I thought it might be helpful to gather thoughts in one place on where refugees from AJ Bell's charging increases are heading? [Please direct complaints about AJ Bell's behaviour to the other thread]
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Vanquis Bank Fixed Rate Bonds
The 4 year fix at 2% is now fully subscribed. The 5 year fix at 2.1% is still available.
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Future plans now rates are dropping?
Since Santander announced their rate cut I've been having a think of what to do going forward. Currently have £10,500 in my 123 account (did have 20k in there but had to pay 10 grand stamp duty :o ) My original plan was to build it back up to £20,000 then start paying into my S&S ISA. Is that the best course of action? I…
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Charter Savings Bank anyone heard of a rate reduction yet?
Every day it seems there are letters arriving from various banks/ building societies about the rate reduction. Heard nothing yet from Charter, I have accounts with them from 2015/16 when the 90/120 day interest was 1.75/1.95%, put lump sums in and left them. These issues were variable but then closed. I wasn't sure if they…
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Struggling to Sell NASDAQ Shares
Hi all! I am new to forum, and having tried to find the information I am looking for on both the forum and the internet - I am completely bamboozled. When I was much younger, I was gifted fifty shares in a company called Coherent on the NASDAQ exchange. In the last five years they have raised from ~ $40 a share to ~$108…
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Spend-Save-Diversify-Cut
With the recent BOE base rate cut predictably followed by wholesale cuts in interest rates offered by many vendors and now increasing inflation what plans are you making to try and counter this? No doubt as adherents to MSE we will scour savings rates, current accounts for the best deals out there however these will only…
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Moved to NI - Confused By Savings Accounts
Hi everyone, I've just moved to Belfast from SW England and I'm looking to move my savings account (currently a terrible HSBC account earning 0.5% IF I don't make a withdrawal that month and they're even cutting that come October). I'd be willing to move my current account if that's going to get me a better interest rate.…
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Partial ISA withdrawal
I'd like to withdraw an amount from funds saved in a stocks/shares isa over past four years, the investment company have sent an email saying i could be subject to tax on the withdrawal. Under what circumstances would that be, i'm not a higher tax payer, i'm looking to withdraw approx £10,000. Thanks, Mike
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Advice for savings
Hi, currently I have about 7k in my Lloyds Cash ISA. Would you suggest moving this to a new account? Im not too sure whats about at the moment. Im not looking to invest this money as it will be going towards buying a house. Any suggestions would be great, thank you.
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Making my money work
I currently have about £35,000 in my Santander 123 account and am reaping the benefits till they drop the rate to 1.5% in November (will review the best account then). Also all my bills are on DD with Santander too so earning from them as well. As I only get interest from the account up to the maximum of £20,000 where is…
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NS&I Index linked 5-year maturity - What now?
Hi, My five-year Index linked certificate matures in the next month. My investment was the maximum £15k linked to the RPI plus 0.5% and averaged at about 3%. The options now are to cash in, leave for a further 5 years or go for a 3-year deal, both at RPI plus 0.01%. With the rubbish rates currently available I am thinking…
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Moving shares from trading account to S&S ISA...
...time period question Hi all, bit of a strange question here, I have a Barclays Market Master account and also a stocks & shares ISA with them too (i.e. they are both handled in the same portal) I have used up approx £5k of my S&S ISA allowance this year, but I wish to transfer all of my normal trading account shares…
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Anybody with Investment Fund Experience Please?
Hi guys I'm trying to get my head around some investment funds please. I normally just buy funds that invest in equities, however, two of the funds available to me have been doing quite well recently, but I've always given them a swerve because I'm not clear what market triggers are likely to send the value of these funds…
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Not sure what do
We are moving in with my sister in law . Decent sized house and it will be just the 3 of us. We bought out her ex. Right now I have a terraced house worth approx. £130 thousand. Both of us are middle late 60`s with a joint income approx. £24000 per annum which is quite enough for us. The choice is to sell or lease the…
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variable regular savings?
This month I've just finished paying off my mortgage, 8 years early. I will have an excess of between 500 and 1000 pounds a month to put away assuming my employment remains safe. In a few years (say 3) I will want to do some home renovations, which will probably use up most if not all of what I will be saving. So the…
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Fixed term savings 'worth it'?
I know people here don't like terms like 'worth it' but it's the only way i can think to phrase it. I've a reasonable amount of money in total. Santander 123s maxed out as well as TSBs & Lloyds. I don't need access to all that money, only some of it. I just wondered with all this uncertainty around the interest rates & I…
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Adult Trustee Account
Hi, I need the trustee of my late father's will to open the equivalent of an adult trustee account for me. She is busy so I am looking into the options. So far 7 banks have said they do not offer this service for adults. I am currently 24 and would need the money held until I am 25 (next August) when I am then legally able…
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Investing £30,000
Hello there, I have a lump sum of over £30,000. I had originally intended to put into savings accounts, but then I considered buying, with my parents, a cheap flat to either long term let or holiday let. However they are now using their own money for something else so I do not have enough for property. The interest rates…
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Advice on saving a large sum
Hi, We live overseas but are about to sell a property for approx £300k. Given the state of sterling at the moment, it's not a good time to take the proceeds overseas and so need advice on where to place the cash. We will consider re-investing in another property in the UK, but have not yet seen something suitable. Can…
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Baby Savings
Hi, All of the JISAs & savings accounts for children really confuse me. I'd like to open some sort of savings account for my 2 month old which I'd like to pay in £1 a day in to until she turns 21 (£30 per month) What would be the best option for me to go for for something like this. I received a large sum of money at 18…
