This is Money Podcast

From next year, those in receipt of the full state pension will have to start giving some of it back to the government in income tax.
The Treasury has put in place a ‘waiver’ system for less well-off pensioners – but it has been revealed this week that those who chose to defer their state pension could miss out because of the extra income they receive.
On this week’s podcast, Georgie Frost is joined by This is Money’s Helen Crane and Tanya Jefferies to discuss whether that is fair, and how Britain’s state pension got so complicated.
Staying on the subject of retirement, estimates of how much we have to save for old age usually assume we will own our homes and have paid off the mortgage by the time we quit work.
But for a growing number of people, that isn’t the case – and a new study suggests those who rent during retirement could have to save £419,000 extra to afford it.
With today’s youngsters expecting to get on the ladder later, or perhaps not at all, the problem is only set to worsen. The team discuss this shift and what people can do to prepare.
Despite a greater need for rented homes, the property market is awash with landlords trying to offload flats. Who is going to buy them, and is it an opportunity for first-time buyers?
And finally, from Lidl trainers to pizza menus and even Argos catalogues, we reveal the everyday items that could be tomorrow's collectables.

00:00 – Introduction
01:04 – Why some pensioners could face income tax on the State Pension
05:00 – Who could miss out on the Government’s proposed tax waiver?
09:47 – Should you still defer your State Pension?
14:35 – The looming problem of renting in retirement
19:00 – How much more do renters need to save for retirement?
23:36 – Why are so many landlords selling their flats?
27:28 – Are flats still worth buying?
30:58 – Is buy-to-let becoming a professional investors’ game?
36:08 – Could the junk in your house actually be worth money?
39:56 – Why old Argos catalogues and pizza menus could become collectables
41:08 – Crane’s compliment of the week: Sainsbury’s
42:05 – Outro
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Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane
Producer: Georgie Frost
Hosted on Acast. See acast.com/privacy for more information.

NS&I has just boosted the Premium Bonds underlying rate again to its highest level in nearly two years. The odds of winning are better too, with more £50,000 and £100,000 prizes to boot.

More than 22million of us hold Premium Bonds but after years of being beaten by the best savings accounts, are they suddenly looking like a good option again? And why raise the rate at all? Lee Boyce, Georgie Frost and Helen Crane discuss.

11.34: Imagine you bought a house years ago, pay your mortgage every month... only to discover the Land Registry still hasn’t registered it in your name.

It could mean you can’t remortgage and subsequently out of pocket. We discuss a case where this happened, why and a deluge of cases we are hearing about.

20.54: Inflation is heading the wrong way again - up from 2.6% to 2.9% in July, largely thanks to higher energy costs. What does that mean for base rate?

Energy bills are likely to head higher still, with forecasts of another rise price cap rise in October. Is it time to fix?

29:11: And finally, plug-in solar panels can be legally sold from next week. But before we all rush out to buy them, we explain what you need to know...
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Email us hello@dmgmedia.co.uk
Text us 020 7938 6000.

Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane
Producer: Georgie Frost
Hosted on Acast. See acast.com/privacy for more information.

After years of stagnant sales and plummeting prices…is the housing market about to take off again?

Lee Boyce, Helen Crane and Georgie Frost discuss what's going with property values and hunt for green shoots of recovery.

14:46: Some of Britain's biggest banks are offering far better savings rates under different brands. We look at where the deals are hiding and how much more you could earn.

22:47: Crane is back on the case - this time, she resolves a reader problem with an £11,500 heat pump. It left some rooms at just 12°C – and their energy bills went up.

33:07: A-level results day was this week - do the younger generation need to go to university?

We talk about the pressures facing school leavers and why a degree isn't the only route to a successful career, running through best apprenticeships and jobs that don't require a degree.
Follow us on Instagram @dmgnewmedia.
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Email us hello@dmgmedia.co.uk
Text us 020 7938 6000.

Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane
Producer: Georgie Frost
Hosted on Acast. See acast.com/privacy for more information.

Has tax just got a little more taxing? Making Tax Digital has come in, meaning hundreds of thousands of people need to make their first quarterly report to HMRC this week - and during the summer holidays to boot.

Georgie Frost, Simon Lambert and Lee Boyce cover what you need to know about the changes and whether it’s a good move.

How easy is it to find the right software, will it help reduce the ‘tax gap’ and who will need to start using it?

A retirement giant has warned the Government’s inheritance tax raid on pensions next year will undermine faith in saving long-term for later life.

Should people be worried about the changes or keep calm and carry on with their pension contributions?

This week, a Premium Bonds £1million winner scooped the top prize with a bond bought only six months ago.

Is that unusual? Or do many people win the seven-figure sum quickly? Lee reveals all.

Heading off on summer holidays? We give a reminder about the dos and don’ts when it comes to spending overseas… and what does the actor Will Ferrell have to do with it?
Follow us on Instagram @dmgnewmedia.
Follow us on TikTok @dmgnewmedia
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Email us hello@dmgmedia.co.uk
Text us 020 7938 6000.

Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane
Producer: Georgie Frost
Hosted on Acast. See acast.com/privacy for more information.

Is the can finally going to stop being kicked down the road on social care?
Andy Burnham has promised to correct what he has called a ‘dereliction of duty’ by a generation of politicians.
But how does he plan to succeed where so many before him have failed, can he pull it off and who is going to end up paying?
On this episode of the This is Money Podcast, Georgie Frost, Helen Crane and Simon Lambert discuss how to solve a problem that has defeated successive governments and created a reverse lottery where the unlucky losers can see their wealth wiped out.
Meanwhile, there was no move for the Bank of England this week, as interest rates were held again, despite fears that the recent spike in energy prices could prompt another inflation shock. What does it all mean for our money?
Plus, would you haggle at a high street store? Our man Toby Walne did, so what happened?
And finally, is Britain’s beach hut boom over?
Follow us on Instagram @dmgnewmedia.
Follow us on TikTok @dmgnewmedia
Follow us on X @dmgnewmedia
Email us hello@dmgmedia.co.uk
Text us 020 7938 6000.

Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane
Producer: Georgie Frost
Hosted on Acast. See acast.com/privacy for more information.