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Is there a 'good' way to release home equity
I have a distant relative who is retired and living in his mortgage free property. He's not broke but could be enjoying his retirement more with an increased disposable income - couldn't we all! He has no close relatives and as far as anyone can tell is planning on leaving his (£400K plus) property to charity. He insists…
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Invest house sale proceeds for care
Elderly relatives 96 and 91 sold house, need to make as much interest as possible to help fund shortfall in current fees, but still keep money accessible in case one dies and the other may need care home for fees top up
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Changing house deeds to children
mum wants to change house deeds to my sister and i. She is 85. We live in scotland - can this be done considering her age now. She said she should have done it years ago. Any help much appreciated.
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Selling BTL during pandemic and retirement
Hello - I am not sure whether this is the correct place to post my query and to invite comments. Basically I am in my late 50s. The plan before Covid was to put my buy to let on the market in March 2021 and once sold, I could retire as my BTL makes up the bulk of my pension, However, because of the pandemic, I am not sure…
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Tenants in Common, Wills with Trusts and Powers of Attorney
I have just recently retired from work and in my late 50s. I have been in discussions with a financial advisor who recommends for I and my family (wife and two children over 18) to consider having a Tenants in Common agreement, have the Wills with trusts and to have Powers of Attorney. I do understand the perceived…
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Road traffic accident payout - how to invest?
Hello - I have just joined this forum and am looking for advice about how to use / save / look after an insurance payout after a RTA that happened 3 years ago. I have PTSD and physical injuries that are likely to continue to give me problems for the foreseeable future. I can no longer drive and I am only working 2 days a…
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Specasavers advance hearing aids
Hi all I’m seeking advice from anyone who might be able to help. My mum (85) bought some advance hearing aids from specsavers last September. She paid £1500 for them and they have never worked properly for her. She’s been back and forth with them having them tweaked and still they’re not right and now the left one has…
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Moved: New Ebay payment usage
This discussion has been moved.
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Moved: HMRC missing records of national insurance contributions
This discussion has been moved.
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Advice on sewing/reading lamps, please
Dear all - hope this is the right place to ask. I used to do a fair bit of sewing, cross-stitch/soft furnishing but have really struggled in the last few years as my eyesight has deteriorated. Nothing serious, just anno domini... I am considering buying a lamp which I hope would help. Any thought/recommendations? I have…
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Contested will when no probate?
If a will Is leaving only money and the amounts are below the limits the banks require probate for, what would happen if the executor distributed the will as instructed but at some point later it was contested? would there be a time limit to contest a will that did not require probate? I know it’s 6 months for most…
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Future Pension
My sister is 55 and looking ahead requested her future pension figures from her previous employer. They have come back as a little over £6,000 per annum at age 60. She is now worrying about her financial future - is there any advice as to what she can do now, she works part time at the moment as a dinner lady in a school.…
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Retired persons Bus pass
My wife reached 66 and retirement age in Nov 2020. Because she isn't any good with laptops I have the job of applying for her. We live in Greater Manchester and I have accessed the GMPTE web site. I have downloaded the application form and noticed that if she wanted to add train and trams to her pass, she would need to pay…
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inheritance
I have just received some inheritance when my mum died in January of Covid. It is 60K. I live in a council house and have a 19 year old daughter wanting to get on the property ladder I was wondering if I could buy a small flat using the inheritance and get a mortgage for the rest and she could pay me rent not a lot which…
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Anybody using NHS hearing aid?
Hubby very reluctant agree to try NHS hearing aid to his lt ear. He has some hearing loss but still in denial and says he can hear ok. The problem at home is the tv is loud. Today he got his hearing aid the one with the thin tube behind the ear. It is Oticon BTE and finds it very fiddly to put on and hear whistling sound…
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estate value for Inheritance tax ?
Is the total value of the estate declared for inhertitance tax purposes before or after funeral costs have been paid ? TIA
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Reduced VAT rate of 5% for over 60s on energy saving measures
I have been unable to find any reference to this on any of the forum's boards so hope it is useful to folk. We were about to pay for internal insulation with VAT levied at 20% when a friend alerted us to the HMRC guidance which states that contractors can levy VAT at 5% for those who satisfy the social policy conditions,…
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Annual heating allowance, not arrived
We are slightly concerned our annual heating allowance from the government, has not arrived in bank yet, despite letter arriving 5 weeks ago.
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How to contact HMRC for a hard of hearing elderly relative with no internet access
I have been trying to change an address for my relative for more than 2 weeks. Ideally she wants to fill out a form and return by post. She does not have internet access. There is no postal information on any of the latest HMRC letters. I called the HMRC helpline, went through the extensive menus which routed to a…
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Using the government's Money Claim On Line (MCOL) service
I was thinking of using MCOL to claim repayment of a £450 deposit paid to a company in respect of a small double glazing job that was cancelled within 7 days "free of any charges". However I have seen some horrendous reviews of the service on Trustpilot alleging rank indifference and/or incompetence of the staff. Is MCOL…
