The best option is to repay the ovedraft. 1.5% per month equates to an apr of 19.6% which could be worse (it could be better too). Banks can change the interest rate on overdrafts at any time and they can also demand repayment of the overdraft at any time. Overdrafts are not suitable for long term borrowing. If you had a credit card with a ...

There is no point in sueing them as, presumably, you haven't yet paid the remainder of the contract. Realistically, you should consider money that you have already paid on a monthly contract as gone. One option is to ask for a settlement figure for the contract and this should not be more than the total of the next 22 monthly payments. For ...

Yes, I have similar experiences with Vodafone. I signed up for a 2 year deal at £15 per month but, when I started, I ordered over the interenet so that, if coverage wasn't up to scratch, I could cancel under the distance selling regulations. But I've been quite pleased overall. A while ago their servers couldn't manage to send ...

You will not get any interest worth having on an instant access account so, in my view, whichever bank and building society you know and trust should be fine. You should not take all the money out of the savings funds until the the bonds mature and/or the money will be needed.

seasider72: What are my best options? I would prefer to keep my 1st house if possible as an investment for the future. You can either take out a second mortgage on the first property or take out one large mortgage to pay off the £65k as well. It is possible that the early repayment fee will make the first option preferable. If you talk ...

NatWest can do something similar. They will usually just charge £100 for now but, if you're on a fixed term deal, they will want you to switch at the end of the term. http://www.natwest.com/personal/mortgages/g4/common-questions.ashx#what_if_i_want_to_rent_out_my_place If you don't want to phone up to ask the question "what ...

Agreed, but both Hattie and I would consider it opening. Apologies, and I stand corrected. What you say is confirmed in the penultimate Q & A on the link I gave.

I can't see any problem. Some landlords are more fussy than others but if you've got a month's rent plus the same again for the deposit, you should be able to find somewhere as long as you are working. If you were not working, your chances of finding somewhere good would be increased if there is someone who is in full time work who ...

Often the charges for endowment policies are 60% or so of the first couple of year's contributions. If you feel that you were missold the policy, you can make a case for some compensation.

Jalexa: Don't think that's right. The maturing fixed rate ISA must be previous year(s) funds. Can be transferred in whole or in part to any number of providers which accepts transfers. Yes, but the product that the funds are transferred to can't be a new cash ISA that is opened this year. Hattie has already opened one new cash ISA ...