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Cash ISA maturing - new ISA, or not?
I have a one year fixed rate cash ISA with Leeds (3.85%) that matures in two weeks' time. They've written asking for my instructions at maturity. If I do nothing, it automatically turns into an ISA Saver at just 2.45%, whereas I have options to move it to other Leeds cash ISAs with rates of c.5%. In this tax year (May) I…
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JUNIOR S&S ISA QUESTION
Hi all! Bit of a newbie to investing so please fogive me if some of my terminology is left field. So I've just opened a S&S JISA with H&L for my 2yr old. I plan on setting up a DD for £25 a month to go into it. My chosen investment will be in the Vanguad FTSE Dev World. However my question is....as the current price of…
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Accidentally exceeded ISA limit and can't get through to HMRC for advice
I stupidly didn't realise that the maximum 4k annual contributions to a Lifetime ISA is part of and not additional to the 20k maximum annual contribution to a cash ISA. I moved my life savings of £20k over to a cash ISA from a normal savings account in late October and later paid £4k into my lifetime ISA with a different…
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Virgin Cash ISA - closed to deposits
Apologies if this is on another thread - couldn't see one. I transferred to a new Virgin exclusive ISA in June 2023 but didn't put any money in for my 23/24 allowance. Now the 30 day paying in period is over they say I can't put any money in (understandable) but I can't open a new Cash ISA as I've already opened one in the…
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5 star morning star rating
Can anyone explain what the morning star ratings mean for funds. Some have a 5 star rating some 3 etc. Thank you
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Isa additional permitted allowance
what banks will allow me to transfer my late partners isa
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Virgin Money Defined Access Cash ISA question
Hi people I opened my first ever Isa this week and after looking at the best buy list on this website I chose The Virgin money easy access one as it was the only brand I'd actually heard of in the top 5, which I thought would give me piece of mind. However since opening the account and making an initial couple of deposits…
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ISA intrest takes me to over 20k
I've just had an isa mature with 20k plus intrest. I've transfered the 20k to a new ISA and had planned to withdraw the intrest and invest it in a new ISA in the new financial year, as I thought that transferring the whole amount would be against the ISA rules as it would have been over 20k. Could I have transferred the…
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ISA
I will have a lump sum to invest of £40k in February. I am a little confused over which ISA account to use. I may need access to some of the money. Would i be right in thinking that i can invest £20k in an ISA in February for the current tax year which will run until February 2025 and then i can invest the remaining £20k…
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ISA Newbie - have I understood correctly?
Hello! As a (very belated) saver I got on the ISA train last year taking out a cash ISA in Jan 23 - which has now matured and is on 2%. I am also expecting a modest bonus in June this year which I would also like to invest in a Cash ISA and have circa £2k in a regular savings account on next to zero interest! (Told you I…
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ISA savings
Is it possible to open a ISA savings account without a National Insurance number as I only have a HMRC UTR number
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ISA bond closed, what to do with remaining allowance for this year
Earlier in this financial year, I somewhat naively opened a 1 year fixed rate cash ISA bond, and paid in 5k. I was unaware at the time that the bond would quickly close to further investments, or that there wasn't a cooling off period on a bond. I now have a further amount of money available to put into my savings. Is my…
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HTB transfer - Halifax to Yorkshire BS
Hi everyone, I'm trying to move my Help-to-Buy ISA from Halifax to Yorkshire BS, and the process seems to be lost between the two. Halifax said they received the form from YBS, but info was missing so they have sent a rejection email to "me" (I assume they mean YBS). YBS say they have had nothing from Halifax. Halifax said…
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MSE News – Martin Lewis: Should you get a Lifetime ISA or stick with your Help to Buy ISA?
If you're saving for your first home, should you get a Lifetime ISA (LISA) or stick with your Help to Buy ISA? MoneySavingExpert.com founder Martin Lewis answers this question in the latest episode of ITV's The Martin Lewis Money Show Live. Martin also pushed the Chancellor on when he'll help savers by changing the LISA…
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Partially Transferring Nationwide Help to Buy ISA to Moneybox Lifetime ISA
Hi all, My partner had some serious health issues last year and accrued a fair bit of debt while off work. She's recently started a new job and we've calculated that it will take her 2 years to sort everything out, so we're not going to be looking at buying a house until mid-2026 at the earliest. Given that we've now got 2…
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Can I open another (better) cash ISA this tax year?
Hi all, I'm getting contradictory advice so hoping someone can help clear this up. I opened a Post Office Online ISA 6 months ago in Juy 2023, which is currently paying 4.22%. I see that Leeds Building Society are now offering an online ISA paying 5.05%. I would like to open a Leeds account and transfer in the funds from…
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ISA question - opening two accounts in same tax year
Hello - wonder if anyone who is good with the ISA rules can answer my question. Got a variable cash ISA with existing funds in it. Not subscribed any new funds in this tax year 23/24. Have just opened a fixed term ISA with same provider and instructed them to transfer £85k to this new fixed ISA (protects the rate for a…
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Savings advice/help!!!
Hi I’ve had £20000 in a fixed rate savings that just matured and earned £850 in interest and withdrew back into my savings account with my bank. I already had £7500 in there since opening in September at a rate of 5.08% and now I’m looking for the best way to save with paying less tax on my interest for the coming year.…
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Took out 2 ISAs this year by accident
Hi, Back in May, I moved some money from an non ISA account into a new cash ISA within the same bank. I forgot that I had done that and opened another cash ISA in November with a different bank and have realised I have gone over the investment limit. I am going to inform the bank of the November one. I'm not sure what…
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Using LISA to buy property with partner
Hi, I have just set up a LISA. Hypothetically, I'll be buying my first property with my partner. My partner does not qualify for a LISA as his parents have a property in his name. So my question is, if we are buying together, am I able to use the money from my LISA? Or because I'll be buying with someone who technically…