
Question 95 - Stopping Pension Contributions To Save For A House
Tina asks: "I'm 24 y/o and saving for a house. If I don’t stop contributing to my pension, next tax year I'll be paying 5%, and my employer...
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Answering Your Personal Finance Questions – 3 times a week

Tina asks: "I'm 24 y/o and saving for a house. If I don’t stop contributing to my pension, next tax year I'll be paying 5%, and my employer...

Ian asks: "I have zero knowledge about investing, but I'm interested in oil stocks. Any idea where to start, and any specific company to inv...

Heather asks: "I currently pay my Dad £120 towards the household expenses, as does my brother. My partner is due to move in, should he also...

Danielle asks: "The close price of shares on Google Finance is different to that on the Stock Exchange website. Is the data on Google Financ...

Tamzin asks: "I've been left some money by my late Grandfather and I'm trying to work out whether I should pay down my student loan. What do...

Frances asks: "I bought in 2001 for £137k as my only residence and its now valued at £400k, implying the CGT will be astronomical. How much...

Jim asks: "I've got into the habit of paying for things with my credit cards, and need some advice on paying down the debt that I've built u...

Harry asks: "I have had a Santander 123 credit card for about a year. How negatively it will affect my credit score by cancelling?" Hosted o...

Sandy asks: "How should I inform if I'm getting a lodger. Will my insurance premium go up? Could my mortgage provider forbid me?" Hosted on...

Siv asks: "I plan to invest monthly £1000 in an S&P 500 ETF. Should I use S&S ISA or SIPP? Which platform or broker should I invest in?" Hos...

Lynda asks: "I wonder if you could advise me if there would be any tax to pay if we sold a buy to let property and invested money into anoth...

Sarah asks: "I have 3 properties that are rented out, and am selling 2 so I can buy a property for myself to live in. I have lived in all of...

Barry asks: "I need some help understanding what my credit card portal information is saying. I don't understand the breakdown on the portal...

Adrian asks: "I have a capital one credit card, which I got over year ago now, purely to just get a bit of credit history that I lacked. As...

Gisele asks: "I read with great interest your article on Capital gains tax and I hope you can give me a clearer idea of my tax liability on...

James asks: "I want to start investing but I am struggling with my next steps. I have £1000 saved already which will act as my emergency fun...

Tony asks: "I want to start investing in a stock & shares ISA but only investing £25 per month and would like to put it into a ETF that is f...

Emily asks: "We bought a London property in 2007. We lived in it for 2 years then on and off for a further 2 years.We rented this out from 2...

Shelina asks: "I've got myself caught up in a PCP nightmare. Please can you advise me on what to do as I'm really stuck and it's really stre...

Charlie asks: "Hello I'm currently 16 and wish to retire by age 40 with a pot between 1-2 Million pound. Apart from maxing out my S&S Isa on...

Danielle asks: "I'm planning to move abroad with my partner in just under 2 years, I've just been gifted £5000 and I'm not sure where to put...

Steve asks: "I have a property which the mortgage is in my name and is my sole residence. I have no other properties. I'm intending to excha...

Grant asks: "My question is how can I calculate all these benefits including the applicable tax and national insurance to ultimately work ou...

Grant asks: "I'm looking to buy a house and rent out the house I currently own and live in. When I rent the property and fill in my first se...

Tony asks: "Where do I start to invest in stocks and shares ISA? Where do I go? How do I go about it? Etc. Aim of the ISA is for long-term s...

Tony asks: I've been thinking for a while that I should get a raise. I have taken on various new roles within my firm and more responsibilit...

Alistair asks: "I wish to move from my £210k house to a £305k property. Problem is I own a business and have always lived on the smallest am...

Helen asks: "M&S have told me that someone had used my card without my knowledge. I rang up the fraud team and they told me someone made a £...

Ian asks: "I’m 25 and I've recently started working with a new employer. I've been given certain options in terms of salary sacrifice. Which...

Rachel asks: "I know that new stamp duty of +3% comes is in effect in April 2016. I'm looking at buying a £110k flat to let out next year. I...

Angela asks: "Assuming I had the total amount ready to invest, what are your thoughts on the best strategy for it? Do I invest the full amou...

Petula asks: "I bought a flat in 1999 for £46,000 and have rented it out since then. I am considering selling it for around £150,000. Should...

Maria asks: "I'm a tenant in a flat that has just been sold. My lease is until Feb at £x but new owner wants to enforce new rent at £x+70 ef...

Hans asks: “Do you have any tips on the easiest and cheapest way to get your house valued?” Hosted on Acast. See acast.com/privacy for more...

David asks: "I'm concerned about an elderly and perhaps slightly naive relative, Violet. Can you advise as to the risks of this, or about an...

Sally asks: “It goes without saying. Estate agents are ******* *****. Can I deal directly with the seller to buy the house and not deal with...

Ben asks: "I’ve started filling in the Moneystepper Savings Challenge Tracking template. Why do I need to measure my net worth? If I’m alway...

Marilyn asks: "I’m about to set my goals for 2016 and was wondering what you though was the best way to set goals that I would actually achi...

Today’s question comes from no-one. They haven’t asked:“Should I worry about money on Christmas Day?” :)Merry Christmas Everyone!! Hosted on...

Aisha asks: "My iPhone 6 plus is water damaged after I was caught in heavy rain. I've asked three about cancelling my contract (£56 per mont...

Jenny asks: "I'm almost 23, and I'm in a position to buy a house next May. My question is, do you think next May will be a good time to buy...

Ed asks: "I live abroad, earning and paying tax there. We pay no tax on our income in the UK, and we don't submit a tax return. Should we be...

John asks: "A family member is due to sell some land for in excess of £1m. What tax would be payable on this as it has no residential proper...

Brian asks: "My girlfriend and I are in the process of buying a house with a close friend of mine, with the aim of selling it on in 3-5 year...

Frankie asks: "I was wondering what your thoughts were on the new help to buy ISA. Is a time limit to use the grant?What happens if I don't...

Kryptonite On Twitter asks: “Which is better for property investors... Interest only mortgages or repayment mortgages?” Hosted on Acast. See...

Adam asks: "My dad owns a ground floor flat and he is gifting it to me. He bought the property for £150k, it's now worth £160k but needs abo...

Michael asks: "I'm a journalist who is registered with a company on a PAYE tax code, but I do some occasional work outside of it. Do I need...

Mark asks: "I picked up a lovely car a couple of years back at a reasonable monthly rate. Everything was fine until I decided to change my j...

Zac asks: "My brother is currently living in a property worth £80k he's renting the property for £425 per month from our cousin. Would it be...