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Nationwide 8% saver matured, but they haven’t paid the correct interest? Hoodwinked?
I want to run this by you guys, but this feels wrong to me. I saw an advert for a Nationwide saved last year for 8%. “Great” I thought. You can only pay in £200 per month, and when it mature in a year you get the interest. So my account matured yesterday. Closing balance before interest paid is: £2,600. Interest paid:…
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Is there a way to quickly renew my Halifax 5.5% Regular Saver?
I have a Halifax 5.5% regular saver due to
mature on the 21st November - I didn't fund it last year, it simply rolled over
from the previous year. Is there any way I can close it early, and open a
new one this week? I've had a letter today saying that on the 21st it will
mature then automatically renew but I think the rate…
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Probate: Bank won't release funds without a lawyer?
Hi there, I work for a charity and have been administrating a legacy we were kindly left. (So much work!) We have grant of probate but the bank holding her funds won't release the money without us instructing a solicitor. Our trusted solicitor has said that this is unnecessary and won't do it. Does anyone have any advice?…
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Shares Bequeathed In A Will
In her Will my mother bequeathed me shares in a FTSE100 company We expect to receive Probate in the next few weeks. Once that is received: Is there a time period before I am able to sell the shares? Am I correct in thinking that I should use her date of death as the base share price for calculating any gain I make as…
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Pru fund growth stocks and shares
Hi there, these particular funds charge 1.45 and sometimes profit gets eaten away by fees - however, they smooth over the stockmarket ups and downs. I am wondering whether its better to get a lower fee managed stocks and shares ISA like Wealthify - they seem to be robo isas.... as opposed to people - are people using these…
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Capital Gains Tax on Shares
Is Capital Gains Tax payable on shares which I have been forced to sell against my wishes as the company in which I owned the shares has been taken over?
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Optimum number of Regular Savings accounts
Is there an ideal number of Regular Saver accounts to have? I have just opened two and the interest gained will be relatively small. This got me wondering whether there is a particular number of Regular Savers below which it isn’t really worth it.
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Bare Trust to junior ISA
I have been putting money regularly into a HL trading account set up as a Bare Trust, the beneficiary is my grandson.The investments have done very well snd I have made a couple of sales to offset any capital gains liability. The recent changes to capital gains allowances being phased in over the next 2 years has made me…
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Bare Trust & Family Income for Maintenance Grant Implications
Hi I have a Bare Trust account that will be transferred to my Godson shortly (Approx Value £6,500). His father was concerned that the whole value of the Bare Trust would count against the Family income calculation for Maintenance Grant purposes. Looking at the HMRC website I think it would only be any INCOME from that…
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Looking for advice on where to save £24000
As per title I currently have around £24000 in a fixed rate ISA that is maturing this week. I'm not sure what to do with the money. My ISA allowance for the rest of this year is about £16000 and I will need quite a bit of the money around September next year. My thoughts are to put £16000 in a new fixed rate ISA and the…
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Lifetime ISA
Hi. My daughter is 18, and is considering opening a lifetime ISA with a view to buy a property. She would be a first time buyer. The rules state that if she buys with another first-time buyer she gets to keep the 25% added by the government. My question is, if she bought as a joint tenant with someone who wasn't a first…
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Inheritance and mortgage advice after receiving 350,000 inheritance
Hi everyone, I currently have a flat with a mortgage of 245,000 (290 valued flat with current interest of 3.5% with 2.5 years left on my current deal. I have just inherited 350,000. I am thinking about purchasing a new home of 450,000. My question is how do I best manage my money? Do I pay off my current mortgage and sell…
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DF Capital 5.3% 90 day account - now open again!
As I mentioned previously, I had clicked through yesterday to read the information on this account but had to leave my application until later owing to needing to be in a meeting. Upon returning the account appeared to have been "pulled" - I can now confirm that it is open again as shown on the savings page of this website…
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USD share spouse transfer: Hargreaves Lansdown? Interactive Investor?
I’m new to all this but am hopefully catching up quickly on
ways to achieve the below while making better use of tax planning that
previously eluded me. Until a week or so
ago I had no idea of most of the terms below, and no share trading accounts. Things I’m here to check are: * General approach – have I understood these…
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ISA 5.17% Trading 212
Has anyone ekse had difficulty opening this account and depositing. I cant get beyond my building society's scam check as it asks how I received the account number and sort code. Trading 212 dont provide this and when using the 'chat' to try to communicate with them it suggests 'make payment' which isnt even an option.…
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Inheritence
Hi everyone, I am not sure if this is in the correct place or not, but hopefully someone will be able to help me. Unfortunately earlier this year I lost my father and am due to inherit 2 properties - 1 valued at 350K and the other at 200K plus 130K in cash. I am looking at renting out 1 of the properties and possibly…
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Helping my parents - Savings accounts.
Hi all I'm trying to help my ageing parents manage their money a little better. They are very old school so I'm struggling. They recently sold their house and moved into a secure rented apartment. They have 100k left over after paying off the remainder of their mortgage. My mother insists on keeping the whole of the 100k…
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Savings, ISAs, tax bands and CONFUSION!
Hello, I need some help/divine intervention! My husband and I have about £50k in savings. £40k is in two separate ISA's - one is ending 24th November, the other in April 2025. I've just realised both of these ISA's are in my husbands' name - a higher rate tax payer. I am a basic rate tax payer. Should I; - Open an ISA in…
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European dividends
Hi all, does anyone have knowledge or experience of any deductions / withholding from dividend payments from either Germany, Norway, Netherlands, France or Spain ?
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General bank switching incentive question
Are there any such offers where you can get the incentive 3 times, for yourself, spouse and on a joint account?
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.
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Most recent: Lloyds fixed rate ISA has matured by jimjames
Today at 8:22PM
