{"id":83743,"date":"2018-03-26T13:00:22","date_gmt":"2018-03-26T06:00:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-keep-my-cash-in-a-savings-account-or-a-lifetime-isa\/"},"modified":"2018-03-26T13:04:12","modified_gmt":"2018-03-26T06:04:12","slug":"should-i-keep-my-cash-in-a-savings-account-or-a-lifetime-isa","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-keep-my-cash-in-a-savings-account-or-a-lifetime-isa\/","title":{"rendered":"Should I keep my cash in a savings account or a lifetime Isa?"},"content":{"rendered":"


\nI\u2019m thinking about buying a property, but I\u2019m worried I\u2019ll face penalties if I decide against it Q I\u2019m originally from Denmark, but moved here five years ago to do my degree. I\u2019ve now finished studying and have started my first full-time job in London. As I\u2019m only in my early twenties it\u2019ll probably be some years before I\u2019ll need a mortgage but I would like to plan ahead.I\u2019m in the lucky position that I already have a savings of the equivalent of \u00a321,000 invested in a handful of stocks and shares through my Danish kroner savings account. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Should I keep my cash in a savings account or a lifetime Isa?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I\u2019m thinking about buying a property, but I\u2019m worried I\u2019ll face penalties if I decide...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-83743","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-lMH","jetpack-related-posts":[{"id":34314,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mis-buying-warning-over-lifetime-isa\/","url_meta":{"origin":83743,"position":0},"title":"'Mis-buying' warning over lifetime Isa","date":"November 14, 2016","format":false,"excerpt":"\r Former pensions minister Steve Webb questions suitability of the new government-backed Isa which comes with high exit penaltiesA new type of savings account aimed at under-40s and available from next spring could result in a \u201cmis-buying\u201d scandal, a former government minister has claimed.The lifetime Isa (pdf), unveiled by George\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7734,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/personal-savings-allowance-changes-should-i-still-get-a-cash-isa\/","url_meta":{"origin":83743,"position":1},"title":"Personal savings allowance changes: should I still get a cash Isa?","date":"March 12, 2016","format":false,"excerpt":"\r The new allowance will let most people earn up to \u00a31,000 a year in interest tax-free. For many, the cash Isa could become pointlessNext month will see a revolution in how your bank and building society accounts are taxed. Until now, your account provider has automatically whipped 20% from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8240,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lifetime-isa-what-is-it-and-how-does-it-work\/","url_meta":{"origin":83743,"position":2},"title":"Lifetime Isa: what is it and how does it work?","date":"March 16, 2016","format":false,"excerpt":"\r This savings account will help young people save for a home or for their retirement, with the government adding a bonus of up to \u00a31,000 every yearThe chancellor\u2019s budget included the announcement of a lifetime Isa to help young people save for their first home or retirement.What is a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8590,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/four-reasons-to-take-out-a-lifetime-isa-and-two-why-you-shouldnt\/","url_meta":{"origin":83743,"position":3},"title":"Four reasons to take out a lifetime Isa \u2013 and two why you shouldn\u2019t","date":"March 19, 2016","format":false,"excerpt":"\r The savings account, introduced in the budget, will help first-time buyers and the self-employed \u2013 but a workplace pension is still the most tax-efficient way to saveA free handout of up to \u00a332,000 in cash from the government is, it has to be said, the sort of offer that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7898,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/isa-season-fails-to-boost-lowest-ever-savings-rates\/","url_meta":{"origin":83743,"position":4},"title":"Isa season fails to boost lowest ever savings rates","date":"March 14, 2016","format":false,"excerpt":"\r Industry expert blames government\u2019s funding for lending scheme for poor returns on Isas and savings accountsSavings rates have plummeted to the lowest level in history at a time when banks and building societies are typically trying to attract savers\u2019 cash.Instead of raising rates during Isa season, providers have been\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8232,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-expert-calls-for-tax-free-isas-to-be-made-lifetime-savings-accounts\/","url_meta":{"origin":83743,"position":5},"title":"Pension expert calls for tax-free Isas to be made lifetime savings accounts","date":"August 5, 2014","format":false,"excerpt":"\r Savings proposal suggests the Treasury could contribute 50p for every pound saved, up to an annual allowance of \u00a38,000Tax-free Isas should be transformed into \"lifetime\" savings accounts topped up with Treasury cash, according to a leading pensions expert.Michael Johnson, a research fellow at the Centre for Policy Studies thinktank,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/83743"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=83743"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/83743\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=83743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=83743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=83743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}