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is it safe to switch from the bank who approved your mortgage
HI to all, here is my story . I bank with halifax for ages now ..its my only bank where i use it for all my direct debits and credit card. Halifax has recently approved my mortgage given me the offer letter , I will b exchanging and compeleting in end of march . I recenty came accorss that nationwide flex direct is giving…
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Premium Bond winnings - please list (Only for £50,000 Bonds)
Hello If you specifically have £50,000 worth of Premium Bonds, please could you list your winnings? I would be most grateful. I am aware that there is a similar thread asking about Premium Bond winnings, but wanted to start this particular thread to get answers from those who have got the maximum amount of bonds. Thanks :j
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Santander Select
Hi, Can any Santander Select account holders share whether Santander has any higher interest current or deposit accounts that offer higher interest rates than those available to standard 123 account holders? Or any other aspect making the move over useful? Thanks.
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VCT's - cheapest place to buy / hold
Having used all our ISA and pension allowances for this year I am looking at Venture Capital Trusts as a way to reducing our tax bill. Where is the cheapest place to buy in terms of both the initial charge and annual holding costs?
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Premium Bonds
My mother in law now aged 96 has a substantial holding of Premium Bonds. In view of her age, my wife, deals with any admin and also checks and ensures that 'wins' are received. Prior to receiving wins for February 2019 my mother in law received a letter from NS&I that was confusing to say the least. It enclosed a payable…
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Multi asset funds
I have been looking multi asset funds and like the way that you can choose the risk level and relatively low charges. Which companies would forum members recommend using and what sort of return on 100k would I be likely to receive over an average 12 months if invested for 5 years in low risk funds. I ask because trying to…
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Investing to provide a monthly income
I would like advice on the best way to invest 100k which provides a monthly income which I can use to top up my company pension. Money is currently in mixture of current/savings accounts which on average only pay 1.5 percent interest. Is the best place a stocks and shares fund which pays monthly interest and if so looking…
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where to save £333 per month for 3 years
I am lending my daughter £12,000 to buy a car and she is repaying me over a 3 year period. Any ideas where to put the money? I would like to keep this money separate from my other accounts, but it would be nice if I could get a bit of interest. I have no immediate need for this money.
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IT Limited Company & Investments
Hello, I am soon 36 years old and have created a IT Limited Company 18 months ago. Here my estimation for next tax year (6 April 2019 - 5 April 2020): - Corporate Income : £135k - Salary + Dividends : £ 50k (Can take £41.4k as dividends as a lump sum on 6 April 2019) - Corporate Profit : £ 65k (+£60k form the previous…
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To Lifetime ISA or not?
Hey Guys, So, last couple years i'll have put the max allowance into a LISA. both the years so far I've planned it to have the £4,000 stashed in a 1 year fixed til March time, before moving it over to the LISA then at the end of the financial year, just cos it was more worthwhile to do that - albeit a matter of not too…
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Tax year 2018/19 the £5000 Starting Savings Rate
If eligible for the Starting Savings Rate on up to £5000 savings interest on which no income tax is due is this automatically applied by HMRC without the client notifying them or does the client have to inform HMRC that they 'think' it applies to them? Thanks :)
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Savings ISA for 70K
Hello. I am approaching £70,000 savings. I am looking for a 1 YEAR fixed rate bond to put in at least £50,000. According to this search https://www.moneysupermarket.com/savings/results/?goal=SAV_FIXEDRATEBONDS Al Rayan Bank offers the best rate of 2.17%. There are other banks offering similar rates too. Questions: 1) Can I…
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Age for £1000 tax-free savings allowance?
Hi My daughter will turn 16 soon. At what age will she become eligible for £1000 tax-free interest on savings? At present, if she earns interest over £200 (£100 for each parent), that will be taxable if it takes us over our personal £1000 savings allowances. Just wondering when she'll get her own £1000 allowance. Many…
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Automatic saver
Hello! I am interested in an automatic savings account. Does anyone use one that they like and are happy to recommend? Thanks! Edit; the sort that rounds your payments up and 'saves' it for you!
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Close Bothers Asset Management
Looking at starting a SIPP and I have been attempting to compare platform costs, drawdown, etc. Close Brother Asset Management seem fairly priced at 0.25% platform charge plus £50 for drawdown set up and £75.00 every three years for review. Do any forumites have experience of dealing with this company? I am very much a new…
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HL Active saving. Easy access option
Hargreaves landown now have ano easy access option in their active savings offer. Coventry building society at 1.25%
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LC&F -- Help! 😢
My first post 😬 Ok, so I'm coming up to retirement age, with no private pension (irregular income), and invested my life savings in 3 year bonds/ISA with London Capital & Finance... £20,000 and they've now gone into liquidation, and I've been told I've lost the lot. How can this happen, when the bond certificates say…
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Best way to invest my lump sum of cash.
Hi all, I have a lump sum of cash and need to know what is best to do with this? I'm unsure where will be best to put this money to get the best interest? The cash can be tied up for around a year where I won't need to touch it. But don't want to invest in property etc. Just looking for somewhere to keep my cash and get…
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Need help managing my investments!
Hi all So I have money invested in a number of funds with Hargreaves Lansdown right now, as well as some money in a SIPP. The overall value of the entire portfolio, including SIPP, is £150,000. Unfortunately I don't have the experience nor the time to constantly fiddle around with things but am aware my portfolio is quite…
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100k to invest
Hi I am fortunate enough to be debt free and own my own home. I am looking for the safest way to invest £100,000 without risk to my capital. I have considered P2P and stocks and shares but do not like the fact that capital is at risk so could lose all of the investement and I definitely fall into the risk adverse category.…
