ISA / bonds / fix rate saver etc

[Scottyboi]

Think he needs to eat a Snickers.

Guess we know who is paying that 2k a week, I'd be pissed off too!

 

[Alan Harper's Tash]

Guess we know who is paying that 2k a week, I'd be pissed off too!

I know a care home that would take them for £750 a week too, but not sure if I should offer the details.

 

[bluesince76]

I think house prices have shot up a bit more than inflation!

The problem isn't house prices beating inflation, it's that wages haven't so houses feel a lot more expensive.

Very few people 'buy' a house, they get a mortgage, so a bit like car leases, people end up with more than they can really afford, especially when interest rates were 1 or 2%. Now they're back to closer to a historic average, I suspect house prices won't move for a few years whilst wages catch up

 

[MCFC Wirral]

The problem isn't house prices beating inflation, it's that wages haven't so houses feel a lot more expensive.

Very few people 'buy' a house, they get a mortgage, so a bit like car leases, people end up with more than they can really afford, especially when interest rates were 1 or 2%. Now they're back to closer to a historic average, I suspect house prices won't move for a few years whilst wages catch up

I personally find they vary by areas. London easily requires very deep pockets and a substantial deposit. First time buyers trying to find £400,000 northwards is not easy.

Men with trades in their fifties still lived in shares and even above pubs when I was there.

 

[bluesince76]

I personally find they vary by areas. London easily requires very deep pockets and a substantial deposit. First time buyers trying to find £400,000 northwards is not easy.

Men with trades in their fifties still lived in shares and even above pubs when I was there.

That's London though. Going waaay off topic, but it's what happens when you put so much of the economy in one area. There will be lots of parts of Lancashire, Cumbria, Wales, the North east etc when you can still get a perfectly good terrace for well under £100k. There's lots of bits of Greater Manchester where you can do it for under £150k.

Unless you're getting a six figure salary, I'm not sure why anyone from outside London would move there

 

[denislawsbackheel]

I know a care home that would take them for £750 a week too, but not sure if I should offer the details.

Bollocks.
I know shit holes that would take people for that but not full on dementia patients with a colostomy bag requiring 24 hour care.

 

[denislawsbackheel]

Guess we know who is paying that 2k a week, I'd be pissed off too!

Not me.
The aunt I have POA for is a millionaire.
I just manage things for her.

 

[CarlosTevez'sEnglishTutor]

What's the crack with this 7 year thing then?

If your parents give you POA and then die 7+ years later, are you immune from inheritance tax? The rich don't want normal folk knowing their game.

What's the best fiddle to get out of paying care home fees? Other than giving them a bottle of pills to play with; which is what I've been instructed to do by my mother.

 

[Alan Harper's Tash]

Bollocks.
I know shit holes that would take people for that but not full on dementia patients with a colostomy bag requiring 24 hour care.

Are you okay?

Proper Jekyll and Hyde you.

 

[Alan Harper's Tash]

Then your ignorance is outstanding.
[The care home we would put her in, if she was willing to go, charges just £98K year.
What you think things should cost is irrelevant.
If you want your family to have the best care it will cost an arm and a leg.
Suck it up.]

Nice edit of your post here too.

The bit you edited after my reply has been put in square brackets, to highlight what type of debater you are.