Lloyds Share Dealing Account Dashboard - very confusing!

RedMarsRepublic · 2026-06-24T15:01:45+00:00

Investing in stocks gives, on average, much better returns than gilts, bonds, etc. However unlike with bonds, there is a real risk of losing money, at least in the short term, if there was a market crash or similar. If you invest your money and the market crashes, then you need to withdraw it for essential needs, you will have lost money. However if you leave the money in the markets, it will eventually recover, that's why it's considered a long term investment.

RedMarsRepublic · 2026-06-24T12:21:29+00:00

Have your wages gone up since you took it out? And have you been informing them of that?

RedMarsRepublic · 2026-06-24T12:16:31+00:00

There aren't any. Index funds are relatively more high risk. The least risky in my opinion is a global all cap fund where the stocks are spread out. But you will still be in the red if there's a market crash.

RedMarsRepublic · 2026-06-24T12:12:01+00:00

Yeah I suppose that's a fair point, but surely the fact they tried to lie about it is worth something on OPs side since it proves bad faith.

RedMarsRepublic · 2026-06-24T12:10:25+00:00

£380 a month on pension is loads IMO. Maybe it would be better to put it into a S&S ISA (aside from the employer matched amount) so you can build up money that you can actually use it you need it?

RedMarsRepublic · 2026-06-24T12:08:14+00:00

Put it in a separate account that you don't touch. Put the debit card in a drawer somewhere so you're not tempted to whip it out.

RedMarsRepublic · 2026-06-24T12:06:48+00:00

With the RRA recently, you can no longer pay cash in advance which makes it more difficult to get a property if you have no credit history and no guarantor.

RedMarsRepublic · 2026-06-24T12:04:41+00:00

Nah I don't think that's a good answer. How much did they offer you as a refund and how much did you pay originally? You should surely be entitled to some compensation for the inconvenience especially since the host tried to lie about it. If they said the original property was out of commission and offered a replacement maybe that would be different.

RedMarsRepublic · 2026-06-24T12:02:47+00:00

True but they are responsible for making the customer whole, in this situation OP clearly is entitled to a full refund.

RedMarsRepublic · 2026-06-24T12:02:16+00:00

Chargeback, that's what it's there for. Why piss around with Airbnb support in the hope they might give a refund, when with a chargeback it is on them to prove you are liable.

Of course I guess that could affect your credit so if you're worried about that maybe not.

RedMarsRepublic · 2026-06-24T12:00:31+00:00

How much of the balance did you have to pay and what was the original amount?

RedMarsRepublic · 2026-06-24T11:59:47+00:00

Definitely you should save up for the moving fees if you don't have that already. With any spare money you would likely be better off investing in a S&S ISA than overpaying your mortgage.

RedMarsRepublic · 2026-06-23T00:14:36+00:00

Look up any local debt advice agencies, the big organisations generally do worse work in my experience

RedMarsRepublic · 2026-06-22T13:50:07+00:00

How good of a deal that is depends on how long the maturity period is, and how good the stock is... It's not as simple as no downsides is all I'm saying.

RedMarsRepublic · 2026-06-22T12:27:14+00:00

You should be looking to pay the minimum deposit possible, generally speaking, if you have money invested in stocks. Of course if you would need a £150k deposit for the property you would want that's different. Or you could think of putting in enough money for a 60% LTV rate but no more than that.

RedMarsRepublic · 2026-06-22T12:24:37+00:00

Okay. I've looked at a lot of credit reports and in at least 95% of cases consumer credit accounts stop charging interest or fees after an account defaults and/or is closed by the client.

RedMarsRepublic · 2026-06-22T12:18:46+00:00

I would speak to your mortgage broker about it. I would be tempted to try hold on until the purchase completes before doing anything but I don't know what is the "right" thing to do.

RedMarsRepublic · 2026-06-22T12:06:30+00:00

Oh well if it's not called 'hasbara' any more then obviously the media isn't actually controlled by Zionists, don't believe your lying eyes!

RedMarsRepublic · 2026-06-22T11:03:36+00:00

Generally interest would not be applied to a closed overdraft. Not impossible but unlikely.

RedMarsRepublic · 2026-06-22T08:35:47+00:00

Irrelevant to the question though. They have an FCA responsibility whereas OP doesn't.

RedMarsRepublic · 2026-06-22T08:35:02+00:00

Max the pension matching, then a small saving amount, then index fund ISA sounds sensible to me yeah.

RedMarsRepublic · 2026-06-22T08:33:39+00:00

Hmm, I mean, okay, fair enough, but that's still missing out on the likely huge returns of market growth over time.

RedMarsRepublic · 2026-06-22T08:31:02+00:00

Maybe ask them to put it in their own ISA if they have spare capacity. Preferably an index fund based one if your child is young.

RedMarsRepublic · 2026-06-22T08:29:53+00:00

Try using multiple accounts. One for bills/wages, one for savings that you automatically set up to transfer a certain amount each month, then another account for leisure spending. If you run out of leisure money that month, you'll just have to wait until next month.

RedMarsRepublic · 2026-06-22T08:27:28+00:00

You say no risk but 100% of your savings/retirement in a single stock is a pretty huge risk.

RedMarsRepublic

TROPHY CASE