The no-brainer savings deal - This is Money Show

This is Money Podcast

This is Money

Business, Investing, Business News, News

4.4 • 735 Ratings

🗓️ 4 December 2015

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Is this the best financial product ever? From a saver's point of view the Help to Buy Isa may just be that.

Much of the work at This is Money involves uncovering bad behaviour at banks and other providers of financial products.

Anyone would think bankers had no morals.

Of course, we also work hard to praise the good stuff.

One banker this week, claims a product has been launched that has no downside. Really?

Is there finally something too good to be true that is actually true?

Editor Simon Lambert and This is Money’s money product expert Laura Whitcombe pore over the new help-to-buy Isa that hands free money to first time buyers.

But what’s the catch?

Also on the show…

It’s going to get tough for home owners for all sorts of reasons.

It’s already getting tough for buy-to-letters – but is that such a bad thing?

What’s the matter with people and their unhealthy relationship with credit cards?

Does anyone care about climate change when you can save a few quid on your ‘lectric?

Are you earning less than a tractor driver?

Help small shops and small businesses. They’re lovely.

And cake.

#cake #credit #helptobuy #climatechange #shopping #homes #banks #money #spending

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.

Transcript

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0:00.0	A very warm welcome to This Is Money and Share Radio podcast.
0:08.1	I'm Georgie Frost here with you on DAB online and through the Share Radio mobile app every weekday from 9 until 1 sharing ideas about money.
0:15.3	I'm joined today by editor Simon Lambert and product editor Laura Wickham from the award-winning This Is Money.
0:20.4	To talk through some of the stories on their website, they've been investigating over the last seven days. And on the agenda today, this week, first-time buyers got a leg up onto the housing ladder with the launch of the new help to buy ICER. In terms of the return, I mean, these are a bit of a no-brainer for first-time buyers. There isn't really any downside. Is that true? What is it? What are the best deals out there? How long will it take to raise the full government boost? And what will it do for the housing market? Talking of property, the screw continues to tighten on buy-to-let landlords, as Barclays is the first to toughen its tests. We have some sobering news for British pensioners and even more so for British consumers.
0:55.2	As new stats show we're spending more on our credit cards taking out cheap loans, it's got
0:59.7	debt charities and experts concerned. People, whether they're going to buy a double-tall,
1:04.0	semi-skim cappuccino, just put their credit card in like it doesn't matter.
1:07.8	Banks put under stress by the Bank of England this week.
1:11.5	They passed.
1:14.4	But can we really herald the end of the banking crisis?
1:15.7	It comes as we're being warned.
1:18.9	This could mean we're headed for the perfect storm for homeowners with high mortgage interest rates if we don't fix now.
1:22.8	As the Great and the Good try to thrash out climate change targets in Paris at the UN summit.
1:28.5	It seems when it comes to our bills, we'd opt for saving money over perhaps saving the
1:32.2	environment, certainly if our choice of car is anything to go by, and there are warnings that
1:36.4	new rules coming in will destroy our appetite for hybrid completely.
1:40.9	We also find out the salary winners and losers as the best paidid Jobs League is release, but where are you on the league table? And it's Countdown to Small Business Saturday. Well, it's the individual service and depth of knowledge. You know, if it's a boutique, their owner's likely on the floor and they've chosen every single item. If you didn't know, that was countdown presenter, Rachel Riley, who's wanting us to get
2:02.9	behind our local shops this weekend.
2:05.5	So in celebration of small businesses, I'm asking today, what is your favourite and why?
2:12.3	A very good morning, Simon, a very good morning.
2:14.7	Laura.
2:15.3	Hello, Georgie.
	...

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