-
Withdraw cash from ISA
The Gov.UK website page on ISAs and withdrawing your money says "Your provider can tell you if your ISA is flexible." Does this refer only to cash ISAs or does the flexible ISA rule cover stocks and shares ISA too? Can you sell investments and take out the cash, then replace the cash within the same tax year so none of the…
-
Regular savers maturing after LISA deadline - what's best to do?
I have 2 regular savers: 400pm with Lloyds @ 2.5% (£3200 balance) 300pm with FD @ 5% (£2400 balance) Both of these are maturing in May, as I opened them when I moved back home. Unfortunately I want to max out my LISA (4k) before the end of tax year and will likely need to use money from these to do so. If I take money out…
-
Lending Works P2P
Anyone thinking of investing with Lending Works - be extremely careful. It seems their provision fund (their benefit over other P2Ps) became so depleted they had to raid their investors by reducing their interest rates. The long and the short of it If you sign up now you would think you were earning 5.4% with a .5% early…
-
ABSL Umbrella Fund
In looking for a new home for for an investment I came across ABSL Umbrella Fund (absluk.com) offering fixed rate bonds at amazing interest rates of 3% for one year, 3.5% for 2 years, 4% for 3 years, 4.75% for 4 years and 5.5% for 5 years. In each case the offer is a "guaranteed return, no hidden costs, Fully FCA regulated…
-
LISA/ISA General Qs
Hey :( was wondering if anyone could help me, I know these are relatively simple questions but I can't find a straight answer; 1. If I open a LISA today then put the £4k in it, would I get the bonus of £1k in April or does the money need to be in there the whole year? 2. I've never opened an ISA before, do you need to open…
-
regular saving 'guidance'
Hi folks - i am a newbie when it comes to posting on social media sites so please go easy. The general summary is that for the next 12 months i am going to save approx £1500 per month - and was wondering where the best place to 'save' this money would be (to gain some interest) - i have done some reading and regular saving…
-
IWEB bed & ISA ?
What would be the process to bed & isa vanguard lifestratagy funds with iweb (both isa and general account held with iweb)? Online facility or is it an over the phone instruction and what would be the cost? Thank you.
-
Junior Isa question...
Hi, I have a junior ISA running for my daughter who at the age of 18 takes over ownership of it and can do what she likes with it, I do have concerns whether 18 is too young to receive such a large lump sum what it is projected to be. I'm wondering if there is any way I can turn this into a trust fund so maybe at 25 years…
-
Sell & re-buy to crystalise CGT
New to Capital Gains Tax so am only just gaining an understanding of how it works. Would it be prudent to sell & immediately re-buy some assets in-order to crystalise profits and therefore use-up some of this years CGT allowance of £12k? Do brokers have the facility to allow this sort of Administrative re-buy or do I have…
-
Interest from Cash ISA
In the middle of submitting my 2018/19 tax return I've discovered that interest for one ISA was paid to my bank current account rather than reinvested. Is it correct that interest received in this way is tax exempt and need not be declared to HMRC? Unfortunately, an Internet enquiry doesn't find any information so thank…
-
L&G multi index fund
Does anyone have S&S with these funds How do they perform how do the charges compare with the rest Can't seem to find a website where all funds are compared within last 3 to 5 years with L&G involved
-
Hargreaves Lansdown past performance data
Hi all, We have a bit of cash we're looking to put into something other than fast living, about £10k. I'm interested in a HL stock and share ISA but having had a bit of a google I can't see any guide on past performance to gauge it against. Does or has anyone see this and could you link to it? The option is to find a crap…
-
Joint Savings Accounts
I tried to open a new savings account today with Marcus bank, unfortunately they do not allow joint accounts which is what I want. What is the top easy access joint savings account please?
-
Secure Trust 90 Day Account
For anyone still on the 1.92% rate for the 90 Day notice account, I've had a letter today saying it's dropping to 1.55% from 12th May :sad:
-
Recommended children's account
Hi there, We're currently looking to setup a bank account for our 4-month old baby for relatives to pay money into (maximum £100 a month) and wondering what the best options are? I've looked into the big names like Barclays, Natwest and others, and the Children's Instant Saver from Barclays appears to be the best as it…
-
property investment - airbnb or student property
Hello, I've got about £60k to invest and I was thinking to buy a house and rent it out but someone told me to have a look into airbnb or student property investment as well... Can I ask if anyone had any experience with them ones, please? Or can I invest £60k better somewhere else? Thanks a lot
-
Best way to save for a mortgage from scratch in 18 months!?
Good morning everyone, So in a nutshell we have been given the opportunity to move back in with parents rent free for a short/medium term period to save up for a decent sized deposit for a mortgage. Obviously the quicker we can get there the better. So I'm looking at being able to save approx. 2k per month in this new…
-
Any platform where I can buy funds?
Does anyone use a dealing platform which allows you to enter the number of units of a fund or ETF you want to buy? I have tried AJ Bell and iWeb and both only allow me to enter the £ value I want to buy. Even if I have £10,000 cash on the account and 10 units would cost approx £250, I can only purchase £250 worth, I cannot…
-
Good savings and fixed rate bond accounts not on MSE
As the website says, the details shown for savings and fixed rate bonds do not cover regional banks and building societies, only national ones. That is perfectly fine, however are their accounts from regional banks or building societies that offer better rates and not shown on MSE; who are are FSCS and stable companies? I…
-
Investing in Hedge Funds
Is it possible for an individual to invest maybe 20-30k in a hedge fund? Specifically I'm interested in the Children's Investment Fund.
