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Full Version: Should I Withdraw From A&l Now And Take Interest Penalty?
House Price Crash forum > Investment > Cash ISA's and Savings Accounts
sell2rent
£42k in A&L - part of STR fund.

I would like to pull it down to £35k given the drop in their shares this morning, but will lose 17 days interest or £125 before tax for making any withdrawal.

Would you do it now or wait until 1/10/7?
nest
unsure.gif
QUOTE(sell2rent @ Sep 17 2007, 12:47 PM) *
£42k in A&L - part of STR fund.

I would like to pull it down to £35k given the drop in their shares this morning, but will lose 17 days interest or £125 before tax for making any withdrawal.

Would you do it now or wait until 1/10/7?

whole things a nightmare we never thought where to put the str monies would be a concern. Cant help as dont know but your not alone.
Muskoka
£125 loss has to be better than 0000's
sell2rent
Put in online requests to withdraw all except 1p tonight, won't happen for a few days as they only do BACS and won't transfer more than £25k a day.

On this account if you withdraw anything in a month you lose all that month's interest, so may as well move the lot.
viva
ohmy.gif i also have an a & l account and am holding ship for now not panicking just yet ?
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