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Unable to sell Property
Hello, My Auntie is in a over 55 Extra Care Home - she pays her rent from her Pension. She has a property that has been for sale for over a year, no reasonable or acceptable offers have been received as the Property does need circa £15k spending on a new Kitchen and Bathroom and decoration. My Auntie has not £15k…
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Pension contributions as savings
This is about getting good interest on savings for those nearing retirement so 50+ from April. Savings rates are currently rubbish so this is an alternate idea if you have some spare cash. If you contribute to a pension, say your own sipp, then you get tax relief at source for 100% of your salary. So if you earn say just…
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selling my house to my partner
I am 65 and my partner is 50. We have 3 children nearly at college age. We own our house mortgage free jointly. I would continue to live in the house. What are the implications (mostly tax-wise) if I were to sell my share of the house to my partner? I need to pay off a tax bill and free up a small sum of money for other…
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Homebase Plus card for over 60s
In the Cambridge Homebase store a couple of days ago, we were offered the Homebase Plus card for over 60s. It gives you 10% off plus double Nectar points on Tuesdays. This is the first we've heard of it, can't find anything on their website and we've never seen it in our local store (Selly Oak, Birmingham) but were told it…
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New phone for an oldie
I've posted a longish thread over on the phones board but only had one reply so I wondered if any of you oldies could give me advice on the Samsung s3 mini phone and which PAYG taftff I ought to look at buying. It's for hubby. He only uses it very occasionally, mostly to ring me. He never texts so it is mainly the cost of…
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Put dads house in trust?
Hi - looking for some advice please! My dad is 75, he lives in sheltered accommodation which he pays rent on, as he has a property that he rents out which pays his existing rent on his flat essentially. I am registered as a lasting power of attorney for his financial affairs should he lose mental capacity - at this time he…
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Family Trust
Can any body tell me more about Family Trust and how much is your estate worth before it is worth setting one up.I have a wife 2 children and 3 grand children.Any advice would be welcome ,we have a mirror will already.
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Remortgage or loan?
I need some advice please as to whether I need to go for a remortgage or loan? I'm 63 next birthday, still working full time and not expecting to retire for the foreseeable future, as I love my job and earn good money. I am mortgage free now, but want to have work done in the house that will cost £30,000-40,000. Any ideas…
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Asset deprivation ??
Dad had a massive stroke and was in hospital over Christmas. We expected him to come home to be cared for. He asked mum to move a few thousand out of his ISA into their joint account to pay for possible alterations to the house. He found out 2 weeks later that he would be going into a nursing home permanently. Will the…
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If YOU have a Bus Pass
If you have a bus pass for whatever reason, you might like to read this. Last week, I decided to travel to Dorchester on Market Day. This is a popular service from Weymouth a there is a queue all day normally. I was second in the queue at 9am, in readiness for the 9.30 curfew. The person who was first, told me that the…
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National Insurance query
I have 40 years National Insurance contributions. I plan to retire from my current job on 01/01/2016 at the age of 63. I shall then take my occupational pension. I am male - despite my username. My state pension age is 65. I plan to take alternative part-time work between the age of 63 and 65. Do I pay National Insurance…
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Nearly At The Big 50
:eek: This year its my 50th Birthday. I've been trawling this site and have done the relevant "what I maybe entitled to" forms etc. It seems not anything other than what I'm getting now. So are there any Money Savings to be made when hitting the big 50. Or any hints and tips anyone may have that I haven't come across yet.…
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Who is supposed to underwrite/guarantee the care home fees
so my mum has been assessed as needing FT residential care due to dementia, she is currently in hospital and has a social worker assigned. I have been "no contact" with her for about 8 years (there are reasons) and my sister lives abroad. There is a house which can be sold, and I have been asked to clear it, which I can…
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Multi Disciplinary Meeting for elderly
can anyone offer any advice please...I am desperate for help and advice.. Basically my mum(87) is in hospital after fracturing her hip, she has had an operation and is recuperating.. Now, unfortunately she cannot return home to where she lived before as she is getting more and more frail, she lived in a room attached to my…
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Mother In Law's Damp House
My Mother-In-Law turned 60 this year and she still works part time as a Carer. What I am really worried about is she owns her own house at the moment and I would consider it to be a health hazard myself. It is very damp, and cold, and not at all nice to be in. She needs a new boiler, her chimney is leaking, her toilet is…
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Accommodation options for my mum (and dad) after suffering a stroke
Hi all, I wanted to see what options my mother has with regards to accommodation as she suffered a sever stroke a few weeks ago. My mother and father live together and own a home together. Both I and my brother live abroad. Their house is too big for them, and my mother will probably need some degree of care for the rest…
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Bison Bede stair lift
I have a stair lift which I want to sell, hardly used and is in VGC. I got it in 1999 and was wondering if these lifts can be serviced or repaired if necessary. It is in perfect working order at the moment. Are there any websites which specialize in selling these? Thanks, Fortyfoot
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Selling a French property
Hi, haven't been on here for a while but was hoping someone could give me some advice. We have had a property in France for over 12 years now and the original plan was to retire to France but realise now we would never be able to live there full time and costs of keeping the property are now outweighing our use of it so we…
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purchased parents property instead of equity release
Hi can anyone give me some advise i purchased my parents house 14 years ago for the same value and on the same understanding as an equity release company had quoted them, as i had come into some money. I thought it was good for them as they had a mortgage given to them in there 70's which they could no longer afford and…
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Help and advice about housing options for my mum with severe COPD
Hello, I hope this is the right part of the forum to ask this question in - please direct me elsewhere if it isn't and accept my apologies as this is my first post (it's also quite long!)! A bit of background: My 67 year old mum has severe COPD (diagnosed about 8 years ago) and gets State Pension, Pension credit and…
