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Money Box

Mortgages, Tax Free Childcare and Funeral plans

Money Box

BBC

Business

4.2825 Ratings

🗓️ 1 July 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

Mortgages are back in the headlines this week, with the news that hundreds of deals are being pulled from the market. Since the start of last week, the total number of mortgage products on the market has fallen by 11.3% according to new figures from Money Facts. We'll discuss this with Sonya Matharu, Senior Mortgage Broker with The Mortgage Mum.

There are calls to simplify and reform the tax free childcare system. The charity Coram says many families don't even know they are eligible because the system is so difficult to manage. HMRC says Tax-Free Childcare is quick and easy to claim and that it can be a real boost to the household budget of working families. Adding that families can choose the financial support that best suits their needs. It recommends that parents use the Childcare Choices website (https://www.childcarechoices.gov.uk/) to find the right childcare offer for them.

We'll discuss what the latest updates are for funeral plan holders with companies which have gone out of business - following a major shake up of the industry. We'll speak to one of the providers which has taken on customers of failed firms and to James Daley from Fairer Finance.

And the listener who manages his mum's finances but was told he couldn't switch her to a more competitive savings account.

Presenter: Felicity Hannah Researchers: Sandra Hardial and Jo Krasner Editor: Jess Quayle

(First broadcast 12pm, Saturday 3rd June, 2023)

Transcript

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0:00.0

On a winter's night in 1974, a crime took place that would obsess the nation.

0:07.0

It was an extraordinary news story.

0:09.0

The story of an aristocrat, Lord Lucan, who's said to have killed the family Nanny,

0:14.0

mistaking her for his wife, then somehow just disappeared.

0:18.0

One of the great mysteries in English criminal history. We're still looking for Leukin.

0:22.1

It's honestly one of the most powerful stories

0:24.4

of my lifetime.

0:26.0

I'm Alex Fontunzelman.

0:27.4

This is The Lucan Obsession.

0:29.2

Listen on BBC Sounds.

0:31.7

Okay, I'm not going to explain now,

0:34.2

but just hear me out.

0:35.9

Listen to this.

0:37.0

Strapin. This is BBC Radio 4.

0:40.1

I remember hearing this and I was like, ooh, hold on for dear life.

0:43.6

UK station of the year.

0:46.0

I'm coming out.

0:47.9

We're going to interrupt you because Chris Mason has news.

0:51.4

The Prime Minister has agreed to stand down.

0:54.1

A year to remember.

0:55.7

What hell just happened?

0:57.4

With powerful documentaries.

...

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