This is Money in partnership with NS&I, with Georgie Frost, Assistant editor Lee Boyce and reporter George Nixon. In this week's episode, the team brings us some good news for victims of bank fraud, for renters chucked out for no good reason and savers struggling to save. However, Amazon shoppers, London house sellers and procrastinators haven't been so lucky themselves. Stay tune for the latest, breaking money news.
Saving, spending, planning — you've got money questions and we've got answers. Every week host Alison Southwick and personal finance expert Robert Brokamp challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves. In this week's show: home sweet home or a money-pit nightmare? Ross Anderson, a planner with Motley Fool Wealth Management, joins us for the third installment of our series that tackles major life events - this time to help you navigate how to (or whether to) buy that sweet little house you've been dreaming of.
The inventory and return of the deposit are key aspects of being able to end a tenancy well – but what if the tenant is in arrears or has breached the contract? How can tenants get redress if their landlords don’t comply with regulations? And what of the softer sides of ending the tenant landlord relationship…. how can staying on good terms help to oil the wheels over those inevitable bumps in the road? Richard Blanco is joined by inventories expert from No Letting Go, Lisa Williamson, Head of Dispute Resolution from My Deposits, Suzy Hershman and Al McClenahan, Director of Justice4Tenants.
Adam is joined by US based private investigator Tammy Sorrento who is the founder of Fireball Approves. Tammy was nearly scammed out of thousands when looking for a holiday rental property. Her near miss lead her to go after the property scammers. Tammy explains that fraudsters go on rental sites and duplicate the advert and aim to take the money for a property that they don’t own. The victims are then lefts thousands out of pocket and may never see their money again. Tammy explains that UK based holiday makers are particularly at risk as they aren’t able to physically view the property. She also gives a few tips of the red flags that could expose a fraud and how to avoid them.
Inside Property is back for the new year! And with a raft of regulatory changes planned for Letting Agents in 2019, who will benefit and who will be losing out? From April, Letting Agents must have a dedicated bank account and insurance for clients’ money; and tenants’ fees will be banned from June 2019. What is morale like amongst Letting Agents, and how will the sector change in the coming years? And as a result of these changes, will the real victory be with the consumer? Host Richard Blanco is joined by David Cox, CEO of Arla Propertymark; Fiona Exley from London Trading Standards; and Business Transfer Agent, Adam Walker.
How can we solve the housing crisis? Why is there such a massive supply-side problem?
What is the greenbelt, and how come it's not all as green as you might think? FREER Director Rebecca Lowe and FREER Co-Chairs Lee Rowley MP and Luke Graham MP are joined by Simon Clarke MP to discuss Simon's recent FREER paper, 'Housing Addressed', which includes innovative proposals that could free up land for 1.5 million new homes across England, while also ensuring better protections for the environment.
Rebecca Lowe, Lee Rowley, Luke Graham, Simon Clarke
Child benefit and state pension - It’s not the most obvious link. But if you are a parent who is looking after a child instead of working, you need to register for child benefit in order to build up your entitlement in retirement age. Austerity swept away the universal child benefit and those households where one parent earns more than £50,000 have to start giving it back until it is removed altogether above £60,000. Unsurprisingly, many who fall into this bracket simply opt not to take it and see no point in registering. Unfortunately, mums and dads who stopped work to look after children are now finding they’ve missed building up their state pension. It should be easy to fix, but HMRC and the government have been stalling parents affected. That’s why This is Money has started a campaign to get this mess fixed, before it gets any worse.
On this week’s podcast, Simon Lambert, Lee Boyce and Georgie Frost discuss how this all happened and why it matters to not just those affected. And finally, can you really have a weekend away in Europe, flights and a decent hotel for £57? Yes you can, thanks to a very clever new website we tracked down.
As banks went kaput a decade ago, the safety of our savings was thrust into the limelight. Most had never considered that cash in the bank was at risk and knew little about the Financial Services Compensation Scheme. When Icesave blew up a year after the Northern Rock collapse things changed dramatically. We should all be up to speed now, but how safe are your savings? On this week’s podcast, Simon Lambert, Tanya Jefferies and Georgie Frost we look at savings protection but also how you could end up losing money by sticking with cash. Ironically, worries about banks a decade ago triggered a flight to safety and more people stashing money in savings accounts rather than investing. But had people invested as Lehman Brothers collapsed they would have more than doubled their money by now.
Taking the risk as the world appeared to be falling apart would have been the right move. Yet, at that point the stock market was already down 20% and fell by that again before it hit the bottom, so how many would have been brave enough? Also on this week’s show, we discuss how easy it might be to hit the £1million pension lifetime allowance sand whether your car might fail its next MOT.