Transferring ISA

[PaulStat]

So my ISA rate is due to drop next month (12 month fixed rate then down to base rate) anyway I think it's possible to do a transfer of the funds into a new one so I can get a better rate again.

Is this the case? If so what's best at the moment? I probably won't need to access the money until late 2012.

edit: doh wrong forum

 

[PaulStat]

Or is it the case that you can transfer to a new better rate, but if you've contributed to the old one in the same tax year you can't continue contributing to the one you've just transferred to?

 

[PaulStat]

ah ok so if I contributed £1000 into the old one this tax year I could only contribute a further £4100 into the new one