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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?
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Stocks and share
Stocks and shares ISA with Skipton building society, who use Fidelity. Fidelity invest, as I understand it with Abrdn..I have heard their share price (Abrdn) has dropped…should I be worried?
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NatWest Fixed Term Savings Account
My NatWest Fixed Term Savings Account matures on 29 August. I’ve received an email advising “ You’ve chosen to reinvest your money” - don’t think I did. Has anyone else’s account matured- what rate are they offering?
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Fscs
Trading 212 offers fairly good savings rates whilst banking deposits with a high street bank. The banks are all covered by by the fscs £85k limit but Trading 212 is not. As my contract is with Trading 212, if it goes into administration, will I have any protection?
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Invest Engine platform
Anyone use Invest Engine? How do you find them?Was going to open an ISA and transfer in an existing S&S ISA currently held with 212I understand they only offer ETF's also.
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Shawbrook Login Broken?
Hi Anyone else having trouble logging into Shawbrook? It's randomly either saying my password is incorrect, or giving error message "Forced to logoff due to sesion expired" Password reset gets to the SMS code stage then fails with error "An error has occurred: Unable to save because this data has been updated by another…
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Saving help
I am very lucky to have inherited over £100000, can anyone advise what to do with it, banks building societies are really not helpful and I'm just not sure what to do! I have tried advisor's but all want a big fee to even book appointment!
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400k cash investment tax implications
Hi I have 400k that I wish to get invested and apart from the GIA route which has tax implications. I can slowly use this money to fund my ISA each year but that has CGT impications and it will take years. I went to see IFA and they suggested investment bonds which I don't know much about so going to do some research. Has…
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Most recent: Virgin 1 Year Fixed Rate ISA 5.05% by flaneurs_lobster
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