-
Skipton Lifetime ISA
Hi all, We are hoping to complete on our first home first half of June but have just found out our solicitor hasn’t sent the paperwork to Skipton to withdraw our ISAs. Skipton says the withdrawal will take up to 30 days from receiving the paperwork. Has anyone withdrawn their LISA to purchase a home - what were your…
-
The next 40 years
I’ve saved for years (maybe I should have taken holidays or bought a new car) as the son of a bankrupt, fear has always been my guide. In my 50s now with a £900k property and no mortgage and a further £800k in pensions, ISAs etc. The trouble is the fear kicks in and I never feel safe. It’s not “just” about money but the…
-
Pay off the mortgage or invest in a second property?
Myself and my partner are both 26 years old. We own a 4 bed detached house which we paid 325k for with a 110k deposit. We have a 5 year fixed rate mortgage paying £750 a month. Between us we earn 70k per year and save around 2k per month. We currently have 30k in savings. Do we gradually pay off our mortgage (we can pay…
-
Help to buy ISA and moving abroad
Hello, I am a UK citizen moving to Iceland this year. I know I will be in Iceland for at least 3 years. I currently have a help to buy ISA with around £2000 in it. I planned on adding more money monthly but as I am moving abroad I understand that I will no longer be able to pay into it. Is there any benefit whatsoever in…
-
Metro Bank tells customers their money is safe after safety deposit box rumours - MSE News
Metro Bank had queues of customers inquiring about their safe deposit boxes in some London branches over the weekend, which the bank says was due to "false rumours" on social media and messaging apps. If you're a Metro Bank customer who's worried, here's the latest info and your rights...Read the full story: 'Metro Bank…
-
Sale of Inv Trust units - Self Assessment
I was wondering if anyone could provide information on the following I have recently sold 10k worth of units I have in an Investment Trust (not wrapped in an ISA), and was wondering if I need to declare this on the next self assessment tax return I have to complete? As the amount is below the CGT threshold, I have read…
-
Saving for Mothers retirement
Hi All My brother and I are concerned about out mothers retirement pot and would like to boost it by opening some sort of joint savings account. out plan is to make regular monthly payments into a fund then hand over to my mother when she hits retirement age. Firstly is this possible and does anybody have any experience…
-
Investing at a young age
Hi, I'm currently in my early 20s. I completed uni and have ~60k worth of debt. I live in the uk. I own a business which earns ~7k a month, to which I am the only employee. I pay myself 1.5k a month. The business has no other expenses, minus an accountant. After being paid by the company and paying my expenses, I as an…
-
Saving for my babies future.
Morning All, I am wondering if anyone has some potential ideas as to the best way to save for our baby. We are due our first baby in August, we are looking to save a minimum of £100 pcm for his future. As a couple we have a joint income of just over £82k per annum with myself a higher rate tax earner. We are particularly…
-
Investment platforms for expats
Hi all! I currently live and work in the UK (Non UK citizen) and I am a very happy user of Hargreaves Lansdown for my investments. I just received a good offer to relocate abroad for 1-3 years or even more so I was thinking to move all my investment to another platform, since I won’t be UK resident anymore. What do you…
-
Investing in perfect Lego sets?
A guy at work collects new Lego Star Wars sets in perfect boxed condition in expectation that they will be worth a lot more in the future. Personally I feel there are too many people collecting the modern Star Wars stuff and it will affect future valuations. Only the early stuff seems to be truly valuable. However looking…
-
Nationwide flex saver?
My current Flex Online saver has ended and I can't see any mention of this account on their website anymore. Do you no longer get access to an enhanced regular saver account for having a Flex current account? Thanks
-
Virgin Money
Hi, I thought I would share my experience of trying to open a Virgin Money Regular Saver account, paying 3% at the moment. This account can only be opened at a Virgin Money Branch. I popped in to the Sheffield Fargate store on Sunday 12th May. I spoke to the receptionist and he informed me that I would have to make an…
-
ETF Portfolio - where should I invest?
Will soon have £50k to invest. Thinking of putting the lot in various accumulation ETFs for a period of 10 years to possible 17 years to build up a possible early retirement fund. I already have 4 x private pensions and a lump sum when I'm 60. I am prepared for a higher risk and already have funds in shares, government…
-
Investing as an alternative to savings
Is it possible to use investing as an alternative to getting 2-3% in a savings account? I would also like it to be a hobby and get involved in reading the money sections in the papers and choosing companies I think will be successful. I have a few ideas of companies I'd invest in and would maybe trade once a month or every…
-
Post grad.student loan - repay now or not?
New to this sorry if in wrong place. I will complete postgrad course in August'19 for which I took the PGL loan in the region of 10K (7K was the course fee), already have undergrad Plan 2 loan of ~48K . i)Now I have 10K available (through family), and no card debts etc, should I clear the postgrad. loan with this money?…
-
Is Metro Bank stable?
For levels under the comp scheme of course but for return of capital and interest?
-
What to hold in a Junior S&S ISA
Firstly, sorry if this Q isn't allowed or had been covered elsewhere (looked but couldn't find etc). So, the textbook is: Our first born is due along this month and I'd like to open them a Junior S&S ISA for both regular monthly savings and presents from grandparents etc. For convenience I'll probably use my own ISA…
-
ISA Transfer
Good evening, let me begin by offering you a beverage of your choice :beer:. I notice by your threads that you may be well versed with banking and ISAs. Which brings me to an interesting question. Miss. Money Penny has a 2 year cash ISA that is going to mature at the end of this month. Upon maturity she wants to transfer…
-
Accumulation in a Trading Account
I accidentally purchased an accumulation share (ISHARES VII PLC ISHARES NASDAQ 100 UCITS ETF USD (CNX1)) through my trading account. I normally only purchase distribution shares in my trading account so I can account for the dividends. How much of a headache is this going to be to work out the dividends paid inside the ETF?
