Discussion
My FIL has been in money for 50 odd years, you couldn't get him to panic about money if you tried, and is very scornful of pretty much every media release on finance ever made (unless it's commentary he's been asked to do by one of the broadsheets 
)
Says bucket loads to me that he moved all his stuff from them a few months back predicting they were not looking rosy...
)Says bucket loads to me that he moved all his stuff from them a few months back predicting they were not looking rosy...
Edited by Davi on Monday 15th September 14:44
Goochie said:
Do you have more than £30k savings with HBOS ?
No. Our son has a significant amount in there though, saved up for when he wants to buy his first car. I don't want to be the one to explain to him that we have to go through a long and messy process to get his money back for him...SGirl said:
Goochie said:
Do you have more than £30k savings with HBOS ?
No. Our son has a significant amount in there though, saved up for when he wants to buy his first car. I don't want to be the one to explain to him that we have to go through a long and messy process to get his money back for him...So even if they went bust, you cant lose your savings if less than that figure.
SGirl said:
Goochie said:
Do you have more than £30k savings with HBOS ?
No. Our son has a significant amount in there though, saved up for when he wants to buy his first car. I don't want to be the one to explain to him that we have to go through a long and messy process to get his money back for him...Goochie said:
There is a guarantee on all savings of less than £30k ish (someone will have the exact figure)
So even if they went bust, you cant lose your savings if less than that figure.
Cool - thanks Goochie. But how do we get it back if they go down? Is it a long and complex process, or straightforward?So even if they went bust, you cant lose your savings if less than that figure.
Tempted to go down there now and close the account...
Welshbeef said:
Its a little more than £30k thats safe but thats a hell of a lot to spend on his first car!
Well yeah - but it's for his university education, gap year and all that stuff as well. 
It's an account we started for him when he was born - I pay into it every month. It's a good way of making sure I don't get my mitts on the money and spend it all on cars myself. 
SGirl said:
Goochie said:
There is a guarantee on all savings of less than £30k ish (someone will have the exact figure)
So even if they went bust, you cant lose your savings if less than that figure.
Cool - thanks Goochie. But how do we get it back if they go down? Is it a long and complex process, or straightforward?So even if they went bust, you cant lose your savings if less than that figure.
Tempted to go down there now and close the account...
garyhun said:
SGirl said:
Goochie said:
There is a guarantee on all savings of less than £30k ish (someone will have the exact figure)
So even if they went bust, you cant lose your savings if less than that figure.
Cool - thanks Goochie. But how do we get it back if they go down? Is it a long and complex process, or straightforward?So even if they went bust, you cant lose your savings if less than that figure.
Tempted to go down there now and close the account...
SGirl said:
That was in March! Just leave things alone will you!SGirl said:
Check the date of the article - that was in March
jaymajik said:
SGirl said:
Check the date of the article - that was in Marchjaymajik said:
SGirl said:
Check the date of the article - that was in March
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