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LISA but not first time buyer
So im looking into options to save for a house. Not a first time buyer as i had a share in a property with an ex when i was 18, but ended up transferring the deeds to her as the relationship ended. LISA looks good, but does it have the same 'first time buyer' constraints as the Help to Buy ISA? Otherwise i presume i would…
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Old saving accounts with Britannia and Abbey
Hello all, I've found a couple of building society books for building societies that no longer exist in their old names; Britannia and Abbey National. There's not a huge amount of money in each account but I'd still like to recover it. Is this possible?
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Earned Interest- Do What With It?
Hello, I'm in the process of opening the Nationwide FlexDirect account, once opened I'll be transferring in the full £2500 and I've another £1000 ready to cycle in/out each month. From my understanding it's quite common that people to do this, move money between many accounts to achieve the highest interest possible, but…
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Savings for 16 year old
Hi there, I currently have £3,600 sitting in a Halifax account for my 16 year old son. We had a Halifax Regular Saver account that I was paying £100 per month into for the last 3 years, but as he is now 16 he is too old to keep it. I have transferred £2000 into a newly opened Santander 123 Mini account - which will pay 3%…
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Passive Investing
I have had a H&L S&S ISA and SIPP and have dabbled with some funds with my gains cancelling out my losses and breaking even I would like something that is quite passive and doesn't take much maintenance for a reasonable gain (capital preferred, but income would be ok) I like the look of the Vanguard LifeStrategy Fund and…
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Low Cost Broker
I have been looking into costs, particularly % fee brokers vs fixed fee brokers I am looking for multiple purposes: - S&S ISA - Non ISA Trading account - SIPP - Pension Administrator/Trading Account (eg for a SSAS) - Company I have looked on LemonFool and here monevator.com/compare-the-brokers/ I have a H&L account and…
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CGT and Equities
Okay, here's one for the experts. I have investments not in an ISA wrapper so I need to use up my CGT allowance of £11,300 this tax year, 17/18, by selling some of a global ETF that's done well in the last 4 or so years. That's easy, I know how much to sell, but here's the question, you are not allowed to buy back the same…
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Savings advice
Hi i am saving around 400-500 a month.. currently have 1k. What is the best savings for interest? ISA or normal savings? I am with santander for my bank account thanks
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Investment
Hi all , I would be grateful on all ideas what could I do with money I would like to invest ?
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Investment
Hi all , I would be grateful on all ideas what could I do with money I would like to invest ?
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Royal Mail Shares
Good morning. As an employee of Royal Mail I was given a thousand shares when the company was floated. I':money:m considering selling them, but I am told that I would need to pay tax etc on them if sold now. However, if I wait until October of this year, I would only need to pay capital gains tax. My question is I suppose…
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Santander 123 standard vs lite for 40% taxpayers
Doing some calcs if you are a 40% tax payer (personal savings allowance used up elsewhere) then I make the gross interest on £20k in a standard 123 current account at 1.09% vs downgrading to lite (assuming cashback covers the £1 monthly fee). This is effectively based on the fact that the £4 extra monthly fee (£48 per…
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Vanguard Fund Question
I’m am looking to invest in the Vanguard ISA in the new tax year. What I’m unsure of is whether to go for the 60% Equity Fund or the Target Retirement 2025 Fund. There doesn’t seem to be that much difference. A slight variation in charges, namely 0.22% versus 0.24% in favour of the 60% Equity Fund. I’m 47, and am looking…
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Rate my finances
Really open to learn here. Any thoughts, suggestions, input & criticism welcome! Want to take your combined knowledge to ensure I'm as financially healthy as possible :D Age: 32 Salary- £26,260 + £4,000 secondment (unknown end date) Aiming to be made permanent soon, which would take me to around £31,000 after Aprils…
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Natwest Savings Builder
Hi, Can anyone tell me what are the flaws and pitfalls of this account? https://personal.natwest.com/personal/savings/savings-builder.html?View=int&intcam=N_PC_HPTO_0_Sav_SavGen_hSavB_Link_a1 Thanks
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Any Notice Accounts?
We're just reviewing our savings situation. We have a 5-year fixed account and an"accumulator" instant access account. Is there anything between these two - say a three-month notice account? Context - married couple, aged 40+ and we're talking more money than it's worth investing in limited current accounts.
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Transferring money from H2B ISA to LISA
Hi, I am currently transferring all the money from my Halifax H2B ISA to a newly opened Skipton Building Society LISA - about £5800, and closing the old H2B account. I completed Skipton's online transfer form and printed it out as I need to sign it and send it to them by post to initiate the transfer. One of the questions…
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Wrong name on old children's savings book - help
I opened a children's savings account in 2005 through the post office with NS&I. When I received the little grey book it had the wrong initial on it, it should have read B T Evans but instead read H T Evans. I mentioned this in the post office and they said they would amend it. Fast forward to 2017 and I remembered the…
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S&s jisa
Firstly, my apologies as there's already a few recent threads floating around this forum, but I didn't want to hijack anyone else's thread as I think I already have a clear idea on what I want to do, but wanted to understand a bit more about the S&S JISA in comparison to the adult equivalent. My daughter is one year old…
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Where to invest
I'm looking to invest a six figure sum, but most of the saving/current accounts only allow up to 3k for a year to be invested for up to 5% interest. Apart from having a shed load of these accounts, is there any low risk, no stocks or shares, just plain simple put a bit of money into an institution to make a bit of interest…
