How to battle unfair charges from private parking firms… and win: The This is Money podcast

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1 • 650 Ratings

🗓️ 1 July 2022

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In recent times, private parking firms have come under scrutiny from motoring organisations, the Government… and This is Money.

Many motorists will have received a dreaded charge in the post and in some cases, unjustifiably so. If that’s you, it’s time to fight back.

This week Georgie Frost, Simon Lambert and Lee Boyce take a look at whether private parking firms are playing fair.

It comes as Lee received a third private parking charge in the post in four years, and for the third time appealed and had it magically cancelled.

He explains his case and questions how he was issued the charge despite paying the correct amount and displaying the paid-for ticket in the windscreen. Also, is it fair to remove parking machines and replace them with apps?

Halifax has been embroiled in a Twitter storm this week when it comes to pronouns and its bank branches – but what about the move to reduce new build deposits from 10 per cent to 5 per cent? Is it good news for first-time buyers?

The energy price cap is set to surge to around £3,000 in October. Is it wise to try and find a fix with your supplier?

Simon explains why five FTSE 100 firms have seen their share price fall more than 40 per cent since the start of the year, including Ocado and Royal Mail.

And lastly, This is Money business doctor Dave Fishwick answers the question on many small business owner’s lips: how do I pass on price increases without annoying the loyal customer base?

Transcript

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0:00.0	Welcome to This Is Money Podcast. I'm Georgie Frost and joining me and editor Simon Lambert today is Deputy Editor Lee Boyce.
0:09.5	And coming up, he's back. Lee takes on the private parking firms dishing out unfair charges and wins, obviously. He'll arm you with the tools to fight back yourself.
0:20.3	Also today, what does it take
0:21.4	to get on the property ladder? Had in fact slashes the minimum deposit needed to buy a new home,
0:26.5	but first-time buyers still face big hurdles. With the energy price cap to shoot up again in
0:31.2	October, to fix or not to fix, that is the question we ask again. We take a look at the five footsie companies that have
0:38.9	fallen the hardest and you can bank on Dave. The new This Is Money columnist answers the questions
0:44.9	on every small business owner's lips. How can I pass on rising costs without losing loyal customers?
0:51.2	Don't forget you start to date with all the latest breaking money news.
0:58.3	Just go to this ismoney.co.com.uk or download the app.
1:02.5	Market updates and conversations around the financial world don't have to be boring.
1:07.7	The Digest and Invest Podcast by E. Toro is a great way to tune into what's happening in a fun and easily digestible format.
1:10.0	Discover the Digest and Invest podcast at Eatororo.com forward slash academy forward slash podcasts.
1:15.7	But first, private parking firms.
1:18.8	Now, loyal listeners to the pod, will be familiar with Lee's Bet Noir over the years.
1:24.6	Just when I thought he'd mellowed against these distributors of many an unfair charge,
1:30.4	oh, how wrong I could be. Not once, not twice, but thrice, has Ali taken on and beaten parking charges.
1:39.1	Lee, of course, is a consumer giant, a fighter for the little guy and gal, a man who really knows his stuff.
1:47.7	But the reality is, more than half of appeals actually win, not diminishing your efforts there,
1:52.8	Lee, which, Lee, says to me that there is really something rather wrong with this system,
1:59.2	because I imagine the ones that appeal are only scratching
2:03.0	on the surface that bother. I imagine most people frightened that it's going to double. Don't bother.
	...

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