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Shared accommodation for OAP?
I am fearful of the future. Over a number of years I have been able to live frugally in shared accommodation on £350 a month with bills included found via https://www.spareroom.com/ However I'm fearful that as I get older shared accomodation on £450 a month or less (bills inc) may become less available as landlords may…
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Equity Release Arrangement Fees
I see that some lenders offer lifetime mortgages as fee-free or fee-paid. E.g. “Standard Life Horizon 600 Lump Sum Fee-free” has no arrangement fee and an interest rate of 5.16% or the same mortgage as Fee-paid with an arrangement fee of £995 at 5.23%. Can anyone explain this? My wild guess is that, for the free version,…
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Energy expenditure forecast and the State Pension
I do live in a family house with four adults. I currently pay £260 a month for gas and electricity. My account balance is about £zero. The Octopus crystal ball tool calculates that my monthly direct debit will increase from £260 to £515.94, i.e. an increase of 98.84%. My State Pension amounts to £11,414 annually, including…
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Equity release
Do you have to use part of the released money to pay off existing mortgage
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Care home and Family Home
My mother had a stroke the end of May she lost her memory and eyesight and was having a lot of delirium she got Covid and lost a lot of weight on the 14th July was put in a home for assessment and now has caught covid again. She Has got a bit better and her eyesight has come back but memory is really bad and she…
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Spend or Save?
I'm having a midlife crisis. I have a good amount of savings, a small buy to let property which brings a regular small income, and a tiny pension projected income. I'm 54, newly separated, two kids. I work part time employed and also run a small business. I have no debt apart from a small mortgage on the buy to let. I'm a…
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Electric tin opener wanted
I've had a search on MSE on this topic and the latest comments are over ten years ago, so thought I'd start afreshThis may be the wrong board, but I'm guessing some at least, like me, have poor grip or wonky fingers etc, and find opening some tins awkward Just lately, I find turning the handle on normal tin openers harder…
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Car Insurance Question - Additional driver accident???
Can someone advise me please? Trying to help my parents with their car insurance, my dad is a named driver on my moms policy but he had an accident last year and wrote off his vehicle. Is this something they have to declare on renewal on my moms car? My dad is only a named driver on her policy. They both have clean…
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Great 'What discounts can I get now I'm over 60?' Hunt
Around a fifth of the population are 60 years old or over, so it's no wonder some companies (plus the Government) offer extra discounts and incentives to tempt the group's custom and loyalty. So we'd like to tap MoneySavers' knowledge for where these discounts, savings and promotions can be had. Examples include annual…
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Pension or house equity?
Hello, I’m in the middle of a difficult divorce and trying to work out where I can best compromise in our financial agreement: of our marital assets. Assuming I can meet day to day expenses, for my longer term security should I be more willing to give up pension share or house equity? Which is lower risk, longer term? For…
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Cheap Sunglasses
Hi all, I need a pair of prescription sunglasses just to use while on holiday so really after something cheap and cheerful. I have my prescription so can anyone recommend an online supplier? Thanks
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Construction industrial scheme.
Hello. My other half has been part of the government scheme for 3 years under the same employer. As of which he’s not been paid any holiday pay at all. Is he entitled to Holliday pay? Bank holidays?
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Travel insurance for UK only, over 75 with stable pre-existing medical conditions?
I have been searching for the above. Most quotes cover far more than I am looking for. I want to cover a short 7 day UK residential course in case train strikes mean I can't get there. I have no worries about my health conditions. Has anybody found anything suitable recently please?
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Home Protection Trust, will it be a costly mistake?
I am in the process of setting up a Home Protection Trust, originally to protect the value of my home for my children to inherit. I lost my late husband to Alzheimer’s & Covid late 2020, he spent the last months of his life in care & the costs soon exhausted our savings. They couldn’t touch the house because I was still…
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🧀 Portable Wetroom in a box / home extension ?
Hello …. I’m not sure if this is the best forum to post in - but I need your over 50s experience & knowledge. My father is 98 and can no longer walk - we are moving his bedroom downstairs so he isn’t isolated upstairs. To accommodate this move I was thinking of buildings wetroom in my garage - but then I wondered if anyone…
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Chase Bank.
Hi all. I've just read the latest email from Martins team regarding the 1.5% interest with Chase. The problem we have is that it appears to be app only. Neither of us have the "all singin' all dancin' phones. Is there any other way we can invest with Chase to get this return. Many thanks.
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Timpsons
Looked everywhere to post this could not find the right place so trying here I need 3 keys cut the Chubb/brass type for ERA lock, 5 lever door lock We went to B&Q the automated machine not working. They do three for 12 pounds. How much does Timposons charge please as the nearest store is a distance from us and dont want to…
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How to fill your time when retired
Morning all Not sure if this is the correct category to post this but hopefully someone will advise if it's not. I'm just about to retire at 68, have been working 3 days a week for the last 20 years so not going from one extreme to another. I'm fairly comfortably off financially & in good shape, but my worry is how to fill…
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chase Bank, app not available
I've a Samsung Galaxy A10 running Android 11 (more than the 8.0 required) but when you try to download the app it states that the phone is not acceptable. I've tried their customer support who seem indifferent, no useful advice, basically, change your phone is the view expressed. Seems ridiculous, my phone is more than…
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Equity release and dementia
Would a individual with a diagnosis of Alzheimer’s dementia be able/eligible to do equity release to release funds from their mortgage free home, in order to enable them to stay living in their home whilst they are still able and safe to do so?
