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Portfolio check please
Good morning everyone Hope this is OK to ask. Just after a portfolio check, currently holding approx 20% of each fund in my private SIPP, I’ve got 10 years until I can start drawing it. I posted in here instead of the pension forum as all the funds can be held in ISA’s too. I do know it’s tech heavy, which has done well…
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New isa account with trading 212
Hi im considering moving my current isa with Conventry of £40000 to Trading 212 . The question im not entirely sure on is as the Coventry account was opened in this tax year ,am i allowed to open another Isa account with trading 212 and transfer into them? Also if anyone else is aware as i cant see anything on the website…
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Chip financial Cash ISA move to another provider
I am looking to move the cash ISA from Chip to Trading 212. It's asking for account number and sort code but no where to be seen on Chip app. Tried the step to deposit with manual transfer option, but only digital banking shows.
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Reinvesting S&S ISA into Cash ISA
Last October I cashed in a S&S ISA worth £45k intending to use the cash to part-fund a house purchase. However I am not now going ahead with the purchase. As neither I nor my partner have used any part of our ISA allowance this tax year, can we both now open cash ISAs or is there some restriction on doing so? I can't find…
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TRADING 212 Cash ISA rate reduction to 5%
From 9th September rate will reduce to 5% AER It was inevitable and could have been worse, but still a good ISA to have.
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Fixed rate ISA - monthly or annual interest?
I have a lump sum of £15k I want to fix for 2 years. An account offers Annual interest at 4.4%, or monthly interest payments but at just 4.3% Is this because of the cummulative effect, and the monthly payment will ultimately pay the equivalent of the annual rate? Or is it genuinely just a worse offer? Since it's tax free,…
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LISA for retirement
I am just about to turn 40 next week. I’ve already got property and mortgage so LISA can only be opened for retirement. I already have a good pension with work. Is it worth opening LISA?
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Tax on compound interest savings
Hi there, apologies in advance if there is an obvious answer for my question. Me and my wife currently have a mortgage (27 years left, 7 years left on a 1.99% interest product) We have been putting all our over payments into savings since we managed to lock into a mortgage with a lower rate of interest than saving…
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5 year fixed rate ISA should I withdraw and open another at higher rate
I have a 5-year fixed rate ISA paying 2.1% that matures 15/12/2023 Would I be better of withdrawing it at a loss of 365 days interest and putting it in a 3-year fixed rate ISA paying 4,75%.
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Charter Savings Bank - ISA Accounts - No multiple Current Year ISA Accounts Permitted
Thought people might like to be aware of this - I checked with them and this is part of the email reply I got: "The announcement made was only an advisory change, it was not a mandatory change each bank had to do. It was down to each individual bank if they wanted to make these changes and Charter Savings Bank decided not…
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Columbia Threadneedle, Stocks and Shares ISA
I have a Stocks ans Shares ISA with Columbia Threadneedle. I've had this for years. The company holding the SandS ISA has changed over the years. I have just left this without much thought but had decided to invest add a small amount to it. The company has poor reviews, I think mostly on the Customer Service side. This has…
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Lifetime ISA - Buying House (not first time)
Hi, first post as I’m struggling to find some accurate info, I used to own a property - subsequently have been divorced, sold the family home and have been stuck renting for a number of years. I’m looking into how I can get back onto the property market and out the rent race, and noticed the Lifetime ISA can be used for…
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Using LISA - Mixed use property & 2 purchases
I am looking to buy a house. Currently a first time buyer. Price of house £350k with a mortgage. As a linked transaction I am looking to buy some adjoining land for £100k as a cash purchase. Plan would be to have a clause in the contract for the house purchase so I can exchange on the house but the contract is void if…
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tax on savings.
my partner is a non tax payer earning less than £10k from a pension and is not old enough to get state pension for a few years. I am a basic tax payer from a pension, no state pension also not old enough.. We have savings that would attract tax as it would earn more interest than £1000. If my partner can get a better…
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ZOPA Smart ISA - transfers in experiences?
From what I've gleaned, ZOPA's Smart ISA is a decent proposition as long as you don't mix & match their variable and fixed ISAs as they don't allow partial transfers (that is, transferring out from easy access variable ISA will also involve the closure and penalty for a fixed ISA). I intend to transfer in a couple of…
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Santander - Fixed rate ISA - anyone UPGRADED?
Has anyone recently (or have experience of) 'upgraded' their soon-to-mature Santander fixed rate ISA via online banking? Is it a pretty straightforward affair? I ask as under account details for existing customers, it states: Existing customers Subscribing to your existing ISA If you haven't made a deposit into your cash…
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Junior stocks and shares ISA
I'm looking to open a junior stocks and shares ISA for my 2 children. Was planning on starting with £5k lump sump and then adding around £100 a month. I've done some research and would prefer one with a ready built portfolio. Something like this, https://www.vanguardinvestor.co.uk/what-we-offer/ready-made-products I…
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Monthly Saving into Stocks & Shares ISA
My daughter and son in law are looking to save monthly over the long term so looking for a provider that enables low cost monthly contributions. I am with IWEB who I don't think have that facility. Interested to know what the options maybe where I can select the funds.
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ISA fundamental questions
Hello Despite considering myself a fairly intelligent person I still struggle with ISA rules! Any guidance would be great. My wife and I are higher rate tax payers and keen to keep earnings under 100k due to childcare allowances. My wife sold a property a couple of years ago and put the cash into ISAs. We have some money…
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Cash isa reinvestment
I arranged online with nationwide to reinvest my fixed rate isa which has matured today to go into another fixed rate isa with them, I have woken this morning and the funds are in a maturity account. I expected it to automatically transfer straight into the fixed rate account. Does it take time or have I done it wrong?
