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Lending money to family
I have been asked to borrow about 3k to a family member with bad credit he is wanting to consolidate his debts into one payment he can’t get a loan out because he has bad credit he says he will pay me back every month. What are peoples thoughts on this?
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Marriage tax allowance
Hi everyone. I got married in 2016 and we've had a child in 2021, my partner stopped working and I claimed marriage tax allowance. We were successful and my tax code changed to 1389m and we got a cheque through the post but a couple of weeks later we had to pay that money back! Is it me or is it a waste of time backdating…
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Separation
My wife of 25 years, has decided she wants a separation, At
first everything was amicable, we have done a separation agreement which she
still has not signed. She is now starting to get difficult. We agreed on 50-50 split of the house, and for me to pay for
my 17 year old, £100 a week, until 18 or finished education. She…
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Divorce financial settlement - chasing ex's solicitor
Id politely requested a response from my ex wife's solicitor by 24th May to my letter, which was a month after they had received it. Coming up to three weeks on, is it OK to email the solicitor asking for an update?
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Gifting second property to child vs. gifting money - most sensible option?
I'm wondering what is the best option for my mother who has retired abroad and owns two properties in Scotland. * Property A was her primary residence for 18 years and was rented out for 2 years. It's value is about £430k. There is £20k left on the mortgage. * Property B was her primary residence for 4 years, and for the…
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Divorce and Financial Settlement
I am currently going through a Divorce awaiting the conditional order period to lapse. I did want to apply much earlier however family court proceedings were the priority, the outcome was that I now am the Primary carer for our two Children aged 12 and 6 and we currently still reside in the family home. The boys Mum…
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Separation Advice
My nine-year unmarried partner and I recently separated. I moved into his rented house when we initially started dating, after four years, he had saved up enough cash to buy his own place. He had stated that he had worked extremely hard to save for a deposit and that someday the property would go to his daughter (from a…
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Splitting Mortgage Payments Fairly
Hi All, My partner (M,27) and I (F,27) are in the process of saving for a house. We are keen to know what works for others/ others opinions when it comes to splitting mortgage payments/household bills, along with any pros and cons of each. Currently, we are both working full time, Mr earns more and is likely to keep…
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Income calculation/ adjusted net
Hi I am self employed If my gross income ( turnover - expenses) is £70,000 If I pay £1000 with bank transfer into a SIPP. The pension companies at some point I believe claims some tax benefits on the £1000 SIpp and add it to my pension so should total £1200 pension in the SIPP account. To calculate my tax bill and child…
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Taking child's friend on holiday
What's best practice on this? Getting to the point where our youngest is on their own coming on holiday with us, and they'd probably prefer to take a friend. Now as this is doing us a favour and a benefit to my child I'd be happy to pay for them. However, if my child was invited then I wouldn't be comfortable having…
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My husband likes to spend, I like to save- causing me anxiety and stress
My husband has taken early retirement at 60, he has a works pension, but took a lump sum, so his pension is half what his wage was, he will not get his state pension until he is 67. But he continues to spend as before, I don’t work due to disability, he has always been the main breadwinner, I have worked part time and even…
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Tenant
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Should I ask my ex to refund the cost of our daughters holiday
Hi, just looking for a bit of information, a holiday was booked for my daughter & myself (& family) , there are no court orders involved, but the other parent has parental responsibility as well, as this was done as a surprise I only had a few months to sort legal help ( there was domestic abuse with my ex)my ex has not…
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I have a small endowment
Can anyone give me any advice of what i can do with it?
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School absence fine
Hi, I’m split from my ex and we arent very amicable, yesterday she sent me a picture of a letter from a magistrates for a notice of fine & collection order for a school absence presumably when she took my son on holiday, it’s for £388 with my name but her address on it. This is the first I’ve heard of it and I’ve never…
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Elderly, frail parent refusing home help - can we use LPA?
I will try to keep this brief as there are several back stories leading us to this point. MIL is pushing 90 and lives on her own. We are 400 miles away and she has no other close family. We are currently driving down every 3-4 weeks to do household chores, gardening, shopping etc. She has always refused any other help or…
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Power of attorney - when to register with the banks etc?
I have a power of attorney for my parents. They both have all their faculties still, which is great. I'm just wondering do I register the powers of attorney with their banks now, or wait until any loss of faculty comes? Grateful for your thoughts/experiences.
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education at 17
My son is 17 and wants to be an engineer specifically on the railways in some form or another. He is just finishing a city and guilds in engineering. For this course he found work experience which has led to a job in a mechanical engineering firm. our dilemma is he can't apply for railway jobs till he 18, he is 6 months…
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Topping up an unused Tax Free childcare account for a year
Hello, My partner and I have a 2 year old and have been using his tax free childcare account to pay for nursery (roughly £1200 per month). We're expecting our second child in July, and are reducing our childcare hours dramatically whilst my partner's on maternity leave (about 11 months). We were thinking that it'd be worth…
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Financial settlement
Hi A friend of mine got married about 7 years ago. But her partner left her within 2 months , so they didnt hardly stay together for more than 2 months. No idea where he is now. Their going through divorce procedures now. Can he claim her house etc in a financial settlement? She only has a house really. Nothing else. He…
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Most recent: Increase in child custody from 40/60 to 50/50 by marcia_
9 June at 1:46PM
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