-
Help to buy isa
Hello, im struggling with understanding my help to buy isa and want to check my understanding. Basically we have enough money without the bonus to cover a 10% deposit. However if we do that for the exchange deposit what then happens with the bonus money? For example if my bonus was 1000, and house 100,000. If i paid my…
-
Kids savers with reasonable rate that can be opened online
Hi, just looking for a little advice on kids savers that can be opened online during this current crisis please. We currently have the kids Halifax reg saver which matures this month, the nationwide kids savers that has a big interest drop this month. And the mini 123 accounts. When the n/w and reg savers need moved there…
-
Investment for a Vanguard Sipp?
I have a Vanguard SIPP opened with a total value of £3600- 00 At present it is all in cash, I would welcome opinions/advice on what Vanguard funds to invest in this SIPP I will not need to ever use the monies invested myself as it it is intended for my children, but obviously as I am in my 70's and re the present health…
-
Thank you....
This is not a conventional thread....it is a big "thank you" to all those whose comments and suggestions I have found so helpful in the last few weeks. Recently, I have been mainly consulting this forum and the pensions forum. But now I am thinking about my mortgage so I also need to give a shout out to the mortgage forum,…
-
Scottish Friendly Scottish Bond
Is it usual for the final bonus on a 10 year Scottish Bond to drop from an estimated value of £2112.34 on 19th February to £1737.80 on 1st April please? ## £2112.34 was the estimated amount payable and the amount received is £1737.80. £1800 was paid in over 10 years. Thank you
-
Bank Needs Recent Bill, but they're all digital?
A bank needs me to produce a recent physical bill. It has to be an original, but all my bills are digital. What should I do?
-
£20,000 savings, universal credit, mortgage...
Hi all, I have £20,000 of savings and a £100,000 mortgage. Let's say I decide to use £15,000 of it today to pay off part of my mortgage, knowing I'm still working full time and being paid, but likely to be furloughed. Then in a week/month I get furloughed then laid off as the company has no income. I then apply for…
-
Value of Endowment plummets
I have an endowment with Legal and general which matures in October. Its not a huge one but was originally set to make £44k. Before the Coronavirus the value was £39K. I just noticed yesterday last months statement showed a value of £28k! Thankfully they sent one this month where it had risen to £32k. Mortgage is long…
-
Help with transferring an ISA from a previous year into a new 2020/21 ISA
Hi all, I just need some advice about transfers. Currently, I have £27k with Santander in my matured 2019/20 Cash ISA which was recently changed to a 0.6% (ISA Saver account), but yesterday they emailed to say that the interest rate will be going down to 0.1%. I was already planning to find a better rate with another…
-
Santander Monthly Saver status when you switch from 123?
I decided to switch account from 123 to another bank. The Monthly Saver I've paid into for 8 months t&c suggest you can only pay in from a 123 current a/c so I expect the account will bar payments from elsewhere, but the standing order to pay into it was transferred to my new bank along with everything else. If I don't do…
-
Contacting Building Societies and Banks for trivial matters at this time
Post after post on here where members are contacting institutions for absolutely trivial questions. They (and those who are genuinely struggling with mortgages, lack of income etc) must be pulling their hair out - especially when I've seen so many institutions plead not to bother them if not important. Again - it's the…
-
Yorkshire Building Society Monthly Regular Saver
I have Issue 1,2 and 3 of these and with the decrease in interest rates was considering either stopping or minimizing contributions. I looked through the paper work i have and could not find out if I can miss monthly contributions or what the minimum is . The website front page section states "Open one of our regular…
-
£40k Windfall Options
Hi, I was lucky to receive a 40k windfall this week. I am 56,single with a 9 year old daughter. I own my own flat outright(worth 300k). I earn approx €18000/year. I have no private pension. I would like to know my best options. Would like to use some as an annual holiday(approx £1500). I would also like to save or perhaps…
-
Revolut as a trading platform
Can anyone advise any pros and cons of using the Revolut app to buy and sell shares vs others like H&L and Vanguard. Thanks
-
Joint savings account with Mum
Hi, i’m hoping for some advice please. My Mum has decided she would like to open a joint savings account in both of our names, with her funeral savings in. I wanted to check as i have a very good credit rating & hers is poor. Does this have any implications for my credit file in anyway if we were to open an account.…
-
Virgin Money Savings Products New Issues and Reduced Rates
As of around 2pm, some or all of Virgin Money Savings Products have new issues with, I presume, reduced rates (at least for the Regular Saver as noted in the Regular Savings thread)A bit annoying because I was in the process of opening a regular saver, left my screen for a couple of minutes, got timed out and when I logged…
-
Best way to invest £13,000
I would like to invest £13,000 but where ? I'm 60 yrs old. Thanks for any suggestions.
-
Will interest rates ever go back up to 5% - 7%?
I get why the governments put interest rates to 0%, they want people to invest in the economy like the stock market or property instead of saving it in a bank but I feel like back in day investing in the stock market was optional, it was the option if you wanted a bit more return for a bit more risk. However now there…
-
Ford Money Flexible Savings Account Interest Rate Reduction
Just received an email from Ford Money reducing the interest on the above account to 1.24% effective 16th June 2020.
-
Cash to cover Vanguard charges
I've just opened a Vanguard accumulation S&S ISA and it is suggesting that I add some cash to cover charges. Do I need to do this? (Particularly in the event it may lose value at this time?) Many thanks.
