Moneystepper Q&A Podcast

Question 95 - Stopping Pension Contributions To Save For A House

Thu, 14 Apr 2016 06:00:00 GMT

Tina asks: "I'm 24 y/o and saving for a house. If I don’t stop contributing to my pension, next tax year I'll be paying 5%, and my employer will match that with 3%. Should I stop my pension contributions and only save for a house?"

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Question 94 - Investing In Oil Stocks

Mon, 04 Apr 2016 23:00:00 GMT

Ian asks: "I have zero knowledge about investing, but I'm interested in oil stocks. Any idea where to start, and any specific company to invest in?"

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Question 93 - How Much Rent Should I Pay My Dad

Fri, 01 Apr 2016 06:00:00 GMT

Heather asks: "I currently pay my Dad £120 towards the household expenses, as does my brother. My partner is due to move in, should he also pay my Dad?"

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Question 92 - Is The Share Price On Google Finance Right

Wed, 30 Mar 2016 06:00:00 GMT

Danielle asks: "The close price of shares on Google Finance is different to that on the Stock Exchange website. Is the data on Google Finance correct?"

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Question 91 - Should I Repay My Student Loan

Mon, 28 Mar 2016 06:00:00 GMT

Tamzin asks: "I've been left some money by my late Grandfather and I'm trying to work out whether I should pay down my student loan. What do you think?"

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Question 90 - Capital Gains Tax On A Rented Flat

Fri, 25 Mar 2016 07:00:00 GMT

Frances asks: "I bought in 2001 for £137k as my only residence and its now valued at £400k, implying the CGT will be astronomical. How much CGT will I pay?"

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Question 89 - Debt Advice

Wed, 23 Mar 2016 07:00:00 GMT

Jim asks: "I've got into the habit of paying for things with my credit cards, and need some advice on paying down the debt that I've built up."

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Question 88 - Cancelling A Credit Card

Mon, 21 Mar 2016 07:00:00 GMT

Harry asks: "I have had a Santander 123 credit card for about a year. How negatively it will affect my credit score by cancelling?"

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Question 87 - Taking In A Lodger Draft

Fri, 18 Mar 2016 07:00:00 GMT

Sandy asks: "How should I inform if I'm getting a lodger. Will my insurance premium go up? Could my mortgage provider forbid me?"

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Question 86 - Investing in the S&P 500

Wed, 16 Mar 2016 21:00:00 GMT

Siv asks: "I plan to invest monthly £1000 in an S&P 500 ETF. Should I use S&S ISA or SIPP? Which platform or broker should I invest in?"

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Question 85 - Tax Implications on Selling To Buy Property

Fri, 11 Mar 2016 07:00:00 GMT

Lynda asks: "I wonder if you could advise me if there would be any tax to pay if we sold a buy to let property and invested money into another property as a buy to let."

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Question 84 - Capital Gains When Selling Two Properties

Wed, 09 Mar 2016 07:00:00 GMT

Sarah asks: "I have 3 properties that are rented out, and am selling 2 so I can buy a property for myself to live in. I have lived in all of them as my own home at some point before letting them out, can I use the PPR and letting relief on all of them?"

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Question 83 - What are the debits and credits on my CC

Mon, 07 Mar 2016 07:00:00 GMT

Barry asks: "I need some help understanding what my credit card portal information is saying. I don't understand the breakdown on the portal they give."

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Question 82 - Should I Use My Credit Card More

Fri, 04 Mar 2016 00:00:00 GMT

Adrian asks: "I have a capital one credit card, which I got over year ago now, purely to just get a bit of credit history that I lacked. As I'm looking to get a mortgage in a year or so time what is best for my credit rating for this card? "

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Question 81 - Capital Gains On Sale Of A Garden

Wed, 02 Mar 2016 07:00:00 GMT

Gisele asks: "I read with great interest your article on Capital gains tax and I hope you can give me a clearer idea of my tax liability on a sale of land that is about to go through, and how to invest the proceeds".

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Question 80 - How Should I Invest My Money

Mon, 29 Feb 2016 08:00:00 GMT

James asks: "I want to start investing but I am struggling with my next steps. I have £1000 saved already which will act as my emergency fund and I am saving £300 a month into a savings account."

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Question 79 - Investing £25 per month

Fri, 26 Feb 2016 08:00:00 GMT

Tony asks: "I want to start investing in a stock & shares ISA but only investing £25 per month and would like to put it into a ETF that is fairly diverse. How should I go about doing that?"

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Q&A 78 - More Capital Gains Tax Questions

Fri, 12 Feb 2016 08:00:00 GMT

Emily asks: "We bought a London property in 2007. We lived in it for 2 years then on and off for a further 2 years.We rented this out from 2010 to the present day. Is there anyway we can avoid paying further capital gains tax?"

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Question 77 - Stuck In A PCP Trap

Wed, 10 Feb 2016 08:00:00 GMT

Shelina asks: "I've got myself caught up in a PCP nightmare. Please can you advise me on what to do as I'm really stuck and it's really stressing me out."

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Question 76 - Investing As A Teenager

Mon, 08 Feb 2016 21:30:00 GMT

Charlie asks: "Hello I'm currently 16 and wish to retire by age 40 with a pot between 1-2 Million pound. Apart from maxing out my S&S Isa on a low cost index fund and possibly through bonds, how shall I invest?"

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Question 75 - Where To Put 5k That I Need Next Year

Fri, 05 Feb 2016 07:00:00 GMT

Danielle asks: "I'm planning to move abroad with my partner in just under 2 years, I've just been gifted £5000 and I'm not sure where to put it. I was thinking S&S ISAs but since I'll need to access it in short time I'm not sure where should I put it."

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Question 74 - Capital Gains Tax On Exchange With Partner

Wed, 03 Feb 2016 07:00:00 GMT

Steve asks: "I have a property which the mortgage is in my name and is my sole residence. I have no other properties. I'm intending to exchange some of the property to my partner and they'll take on some of the mortgage. Are either of us liable for CGT?"

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Question 73 - How To Calculate My Equivalent Self-Employed Salary

Mon, 01 Feb 2016 07:00:00 GMT

Grant asks: "My question is how can I calculate all these benefits including the applicable tax and national insurance to ultimately work out my requirements from a freelance salary to match the financial position as an employee?"

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Question 72 - What Expenses Can I Offset Against Property

Fri, 29 Jan 2016 07:00:00 GMT

Grant asks: "I'm looking to buy a house and rent out the house I currently own and live in. When I rent the property and fill in my first self-assessment form, what costs and expenses can I offset against profits and how far back can I go?"

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Question 71 - Are ISAs or Pensions More Tax Efficient

Wed, 27 Jan 2016 07:00:00 GMT

Tony asks: "Where do I start to invest in stocks and shares ISA? Where do I go? How do I go about it? Etc. Aim of the ISA is for long-term savings for my pension. I believe it more tax efficient to save in ISA at the moment other than a pension."

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Question 70 - Asking For A Payrise

Mon, 25 Jan 2016 07:00:00 GMT

Tony asks: I've been thinking for a while that I should get a raise. I have taken on various new roles within my firm and more responsibilities but however not received a raise for them. What/how would be the best way for me to ask my bosses for a raise?"

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Question 69 - Mortgages For Self Employed

Fri, 22 Jan 2016 07:00:00 GMT

Alistair asks: "I wish to move from my £210k house to a £305k property. Problem is I own a business and have always lived on the smallest amount I can (around £18k a year). What would you recommend I do to get a mortgage?"

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Question 68 - Fraudulent Transactions on My Credit Card

Wed, 20 Jan 2016 07:00:00 GMT

Helen asks: "M&S have told me that someone had used my card without my knowledge. I rang up the fraud team and they told me someone made a £300 purchase which I didn't recognise. M&S said they'll cancel the card and send out a new one. What should I do?"

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Question 67 - Pension Advice

Mon, 18 Jan 2016 07:00:00 GMT

Ian asks: "I’m 25 and I've recently started working with a new employer. I've been given certain options in terms of salary sacrifice. Which would you recommend that I go for?"

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Question 66 - Stamp Duty For Limited Companies

Fri, 15 Jan 2016 07:00:00 GMT

Rachel asks: "I know that new stamp duty of +3% comes is in effect in April 2016. I'm looking at buying a £110k flat to let out next year. If I bought it as a company could I avoid the stamp duty? What other concerns or benefits does this bring?"

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Question 65 - Lump Sum or Drip Feed Investing

Wed, 13 Jan 2016 07:00:00 GMT

Angela asks: "Assuming I had the total amount ready to invest, what are your thoughts on the best strategy for it? Do I invest the full amount at once at the beginning of the tax year or invest in 12 equal amounts throughout the year?"

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Question 64 - Capital Gains Tax When Gifting To Children

Mon, 11 Jan 2016 07:00:00 GMT

Petula asks: "I bought a flat in 1999 for £46,000 and have rented it out since then. I am considering selling it for around £150,000. Should I live in it for a year so that I'm eligible for PPR relief?"

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Question 63 - New Landlord Is Trying To Increase Rent Draft

Fri, 08 Jan 2016 07:00:00 GMT

Maria asks: "I'm a tenant in a flat that has just been sold. My lease is until Feb at £x but new owner wants to enforce new rent at £x+70 effective next month (Jan). Is this legit?"

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Question 62 - Getting Your House Valued

Wed, 06 Jan 2016 07:00:00 GMT

Hans asks: “Do you have any tips on the easiest and cheapest way to get your house valued?”

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Question 61 - Is There Something Dodgy Going On Here?

Mon, 04 Jan 2016 07:00:00 GMT

David asks: "I'm concerned about an elderly and perhaps slightly naive relative, Violet. Can you advise as to the risks of this, or about any potential protective measures or what might potentially be "really" going on?"

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Question 60 - Can I Buy A House Without Estate Agents

Fri, 01 Jan 2016 07:00:00 GMT

Sally asks: “It goes without saying. Estate agents are ******* *****. Can I deal directly with the seller to buy the house and not deal with the ******* estate agents?”

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Question 59 - Why Does My Net Worth Matter

Wed, 30 Dec 2015 07:00:00 GMT

Ben asks: "I’ve started filling in the Moneystepper Savings Challenge Tracking template. Why do I need to measure my net worth? If I’m always investing as wisely as I can, and always putting as much as I can away each month, won’t it look after itself?"

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Question 58 - How Should I Set My Goals

Mon, 28 Dec 2015 07:00:00 GMT

Marilyn asks: "I’m about to set my goals for 2016 and was wondering what you though was the best way to set goals that I would actually achieve? I’ve heard about “SMART” goals but is this the best way to define my financial goals?”

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Question 57 - Should I Worry About Money On Christmas Day

Fri, 25 Dec 2015 07:00:00 GMT

Today’s question comes from no-one. They haven’t asked:“Should I worry about money on Christmas Day?” :)Merry Christmas Everyone!!

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Question 56 - Can I Get Out Of My Phone Contract

Wed, 23 Dec 2015 07:00:00 GMT

Aisha asks: "My iPhone 6 plus is water damaged after I was caught in heavy rain. I've asked three about cancelling my contract (£56 per month) and they want a whopping £600 to cancel early as I have a year left. What would the next best steps be?"

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Question 55 - Buying A House For The First Time Next Year

Mon, 21 Dec 2015 07:00:00 GMT

Jenny asks: "I'm almost 23, and I'm in a position to buy a house next May. My question is, do you think next May will be a good time to buy a house? Or should I wait until later in 2016 or even May 2017 to purchase?"

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Question 54 - Taxes On UK Property When Abroad

Fri, 18 Dec 2015 07:00:00 GMT

Ed asks: "I live abroad, earning and paying tax there. We pay no tax on our income in the UK, and we don't submit a tax return. Should we be paying tax on the earnings for our property in the UK?"

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Question 53 - Capital Gains Tax On Land

Wed, 16 Dec 2015 07:00:00 GMT

John asks: "A family member is due to sell some land for in excess of £1m. What tax would be payable on this as it has no residential property on it?"

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Question 52 - How To Split The Equity When Buying With a Friend

Mon, 14 Dec 2015 07:00:00 GMT

Brian asks: "My girlfriend and I are in the process of buying a house with a close friend of mine, with the aim of selling it on in 3-5 years. What is the best way to split the equity/proceeds from the sale?"

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Question 51 - Should I Get A Help To Buy ISA

Fri, 11 Dec 2015 07:00:00 GMT

Frankie asks: "I was wondering what your thoughts were on the new help to buy ISA. Is a time limit to use the grant?What happens if I don't put in £250 every month? What do I need to be careful of when considering this?"

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Question 50 - Repayment or Interest Only

Wed, 09 Dec 2015 07:00:00 GMT

Kryptonite On Twitter asks: “Which is better for property investors... Interest only mortgages or repayment mortgages?”

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Question 49 - Capital Losses On Gifts

Mon, 07 Dec 2015 07:00:00 GMT

Adam asks: "My dad owns a ground floor flat and he is gifting it to me. He bought the property for £150k, it's now worth £160k but needs about £10K spent on it to make it properly habitable. What would be the CGT situation here?"

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Question 48 - What Tax Do I Pay On Freelance Work?

Fri, 04 Dec 2015 07:00:00 GMT

Michael asks: "I'm a journalist who is registered with a company on a PAYE tax code, but I do some occasional work outside of it. Do I need to register for assessment on the HMRC site? And when it says receipts, what does it mean?"

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Question 47 - How Can I Get Out Of My Car Lease?

Wed, 02 Dec 2015 07:00:00 GMT

Mark asks: "I picked up a lovely car a couple of years back at a reasonable monthly rate. Everything was fine until I decided to change my job and it has become apparent that it's just too much of a drain on the family finances."

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Question 46 - Should I Buy My Brother's Property

Mon, 30 Nov 2015 07:00:00 GMT

Zac asks: "My brother is currently living in a property worth £80k he's renting the property for £425 per month from our cousin. Would it be better for me to have a buy to let mortgage and he pays me direct like im the landlord?"

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Question 45 - Advice On My Credit Score

Fri, 27 Nov 2015 07:00:00 GMT

Jessica asks: "Hello, I would like some advice on how good/bad my credit score is for my situation and if there is anything I should do to increase it. I did a credit score check today and I am 2/5 - 561 credit score. Any information would be helpful."

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Question 44 - What Are My Pension Options

Wed, 25 Nov 2015 07:00:00 GMT

Steve asks: "I’m 25 and my employer matches my payments up to 5%. The Pension policy is "Aviva Pensions Mixed Investment (40-85% Shares) S2". Any tips on how I should be managing this better? Any good resources you would recommend?"

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Question 43 - How To Treat DB Pension In Net Worth

Mon, 23 Nov 2015 07:00:00 GMT

Matt asks: "I’m struggling with our DB schemes and how to include those in the net worth calculation. I also have a DC pot from a previous employer where the statement is issued annually. How should I account for the monthly value of this?"

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Question 42 - Limits on cash, S&S and HTB ISAs

Fri, 20 Nov 2015 07:00:00 GMT

Tony asks: "How do I invest in a stocks and shares ISA and a cash ISA in the same year without breaching the ISA rules? I haven't opened any this year as I'm waiting for the Help to buy ISA."

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Question 41 - Capital Gains Tax On Inherited Property

Wed, 18 Nov 2015 07:00:00 GMT

Bert asks: "My late mother’s house was left to me and my sister in my mothers will. Probate has been granted. To reduce CGT, do I need to register this property in my and my sisters’ names before I sell it or can it be done by another method."

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Question 40 - What Is The Best Short Term Investment

Mon, 16 Nov 2015 07:00:00 GMT

Muhammad on twitter asks: “What is the best short term investment?”

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Question 39 - Do You Count Student Loans In Your Net Worth

Fri, 13 Nov 2015 07:00:00 GMT

Chris asks: "Maybe a stupid question, but I was wondering if I should include my student loans as part of your net worth calculation or not?"

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Question 38 - Should I Buy A New Car On Lease, PCP or HP

Wed, 11 Nov 2015 07:00:00 GMT

Tony asks: "I need advice on the best way to buy a new car. I just can’t figure out what the best way to buy would be - Lease, Hire Purchase or PCP? What would you do in my position?"

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Question 37 - Buying A House To Rent Out

Mon, 09 Nov 2015 07:00:00 GMT

Amy asks: "I'm a graduate who has been working for one year. I've secured a transfer outside of London but I keep my London wage. I will be moving to Birmingham where housing is much more affordable. Should I buy a house a rent a room to a friend?"

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Question 36 - Can I Keep A Payment Made In Error

Fri, 06 Nov 2015 07:00:00 GMT

Johnny asks: "A staff member requested a loan of £500. The loan payment to this staff member was made, however it was accidentally made for £5,000 instead of £500. Is there any piece of legislation that allows me to issue a statutory demand for a refund?"

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Question 35 - Am I Overexposed In My Investments

Wed, 04 Nov 2015 07:00:00 GMT

Jenny asks: "I hold £10k of Vanguard FTSE 100 ETF shares (VUKE) and I am buying about £100/month worth and reinvesting the dividends. Am I overexposed to the UK markets? Do I need to diversify my investments?"

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Question 34 - Should I Get a 0% Credit Card

Mon, 02 Nov 2015 07:00:00 GMT

Kerry asks: "I'm thinking about putting my purchases on a 0% credit card and then put the money into a current account earning 3%. Do you think this is a good idea? What are the risks? What are the best 0% credit cards available?"

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Question 33 - Paying Off Debt After A Breakup

Fri, 30 Oct 2015 07:00:00 GMT

Alison asks: “I currently have a Santander debt in a joint name since a recent break up . However, I've not had anything to do with the account for years and, and I cannot communicate to my other half. Any advice?”

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Question 32 - Saving Cash In The Short Term

Wed, 28 Oct 2015 07:00:00 GMT

On Monday, we had a question from Moneystepper Savings Challenge participant Cath about investing more in S&S ISAs. I think that the common guidance on saving for short term goals isn’t the best and hence I wanted to explore further in a Q&A episode.

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Question 31 - How Should I Invest in a Stocks & Shares ISA

Mon, 26 Oct 2015 07:00:00 GMT

Cath asks: "Most of my long term investments are in good pensions and in property (my home and a flat that is rented out). I would like to do more investing in funds and make sure I use more of my allowance. What would you suggest?"

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Question 30 - Should I Get Out Of My Overdraft?

Fri, 23 Oct 2015 12:00:00 GMT

Jane asks: “I have £2000 overdraft and £1500 in credit card debt. I want to consolidate them together to get extra money to help me stay out of overdrafts but don't know the cheapest way? Credit card ? A big single overdraft? A loan?”

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Question 29 - Help To Buy ISA Questions

Wed, 21 Oct 2015 10:00:00 GMT

James asks: "Can I invest into a Stock&Shares ISA and still use a Help-to-Buy ISA in 1 December 2015 when it comes out? And is there a maximum income for people who want to use the Help-to-Buy ISA?"

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Question 28 - Is A £20k Deposit Enough To Buy A House?

Mon, 19 Oct 2015 06:00:00 GMT

Tom asks: "I’m 22 and am looking at buying a flat within my local area for £200k. I have £20k saved and I'm on a £30k salary. Mortgage calculators show me my max loan is £130k. What are some other solutions, other than Help to buy & share ownership?"

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Question 27 - Can I Benefit From The Right To Buy Scheme?

Fri, 16 Oct 2015 06:00:00 GMT

Abby asks: "I'm 24 and live in a 2 bed flat in South London. I'm starting to wonder if it’s worth taking advantage of the Right To Buy scheme, but it sounds too good to be true. There's got to be something I'm missing?"

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Question 26 - What Impact Does Changing Jobs Have On Tax?

Wed, 14 Oct 2015 06:00:00 GMT

Eric asks: “On Monday I will be starting my new job. I'm worried that I have overlooked something with my taxes. Do I need to tell HMRC about my new job? And do I need to inform my bank about it? Thanks for you advice.”

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Question 25 - What Do I Do If I've Been Underpaid?

Mon, 12 Oct 2015 05:30:00 GMT

Anna asks: “Today I checked my payslips and noticed a big difference from my previous payslips. My new salary is 52k and September’s payslip shows £4,333.33pm. However, my old salary was 48k and payslip showed £3138.56 instead of £4000. What should I do?"

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Question 24 - Do I Need To Register For VAT?

Fri, 09 Oct 2015 05:00:00 GMT

John asks: "I'm looking into freelance teaching. My costs will be zero, but I’m trying to work out is if I need to include VAT on my invoices or not. I'm not expecting to earn more than a few thousand at most in the year. Do I need to register for VAT?"

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Question 23 - Do I Pay Capital Gains Tax If I Don't Pay Income Tax?

Wed, 07 Oct 2015 05:00:00 GMT

Joyce asks: “Hi, I am a non-tax payer as I’m below the income tax thresholds. However, I need to sell my buy to let property, which I’ve never lived in. My profit would be approx. £100.000. What would my capital gains bill be please?”

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Question 22 - How Does Quidco Work?

Mon, 05 Oct 2015 05:00:00 GMT

Martyn asks: “I see on Moneystepper that you recommend using cashback sites like Quidco, but I’m not sure how they work? Do they charge me a fee for my cashback? How do they make money?”

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Question 21 - What Stops People From Investing?

Fri, 02 Oct 2015 05:00:00 GMT

Monica asks: "I've been trying to convince my younger family members around me to start a regular investment plan into an index fund but it's like trying to talk to a brick wall. What do you think is the thing that people fear most about investments?"

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Question 20 - Should I Sell My Appartment To Pay Down My Mortgage

Wed, 30 Sep 2015 05:00:00 GMT

Alex asks: "I own an apartment that is rented out and almost debt-free, and a house that is still pretty high in debt.My plan is to sell the apartment, and use the money to pay off the major amount of debt on my house. What do you think?"

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Question 19 - What Happens To My Pension When I Move Jobs?

Mon, 28 Sep 2015 05:00:00 GMT

Wookovski asks: "I'm changing jobs next month. I currently have a pension with my old company. What happens to it when I change jobs. Does the money get transferred in to the new scheme or does it stay dormant in the old scheme until I retire?"

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Question 18 - 17 Years Old, Receiving £10k - What To Do

Fri, 25 Sep 2015 05:00:00 GMT

LondonIce asks: "In about a month I'm going to recieve about £10,000 from my parents (I'm 17). Quite honestly, I have no clue what to do with it. Should I invest it? Keep it? I have no clue. What should I do?"

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Question 17 - Should I Buy A House If I May Move Soon

Wed, 23 Sep 2015 05:00:00 GMT

Danny asks: "I currently have £40k in savings and which to buy a house. However, my position at work is a little up in the air and come April next year, I may be moving work and location. Is it worth buying and renting if I move?"

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Question 16 - Can I Live Without A Credit Card

Mon, 21 Sep 2015 05:00:00 GMT

Steve asks: “Is it possible to live without a credit card? What are the benefits and disadvantages of having one? Does it help with your credit rating?”

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Question 15 - What Are The Limits On ISAs

Fri, 18 Sep 2015 05:00:00 GMT

Michael asks: “I’ve started saving in a cash ISA, and I understand that there are certain limits to how much I can earn. Could you please explain the how the limits work?”

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Question 14 - How To Find Cheaper Flights

Wed, 16 Sep 2015 05:00:00 GMT

Graham asks: “I’m trying to get some flights booked, but they are so expensive. I need to book a one-way flight and the cheapest flight is pushing £1,000. How can I find this flight cheaper, and what are some other good tips for saving money on flights?”

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Question 13 - How Do I Minimise My Capital Gains Tax

Mon, 14 Sep 2015 06:30:00 GMT

Barrie asks: “I've rented out a property for 20 years and it has never been my main residence. I now wish to sell it and purchase another property to rent out. The property I want buy costs more, how do I stand regarding CGT?”

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Question 12 - Can I Sublet My Flat Whilst I'm Away

Fri, 11 Sep 2015 06:30:00 GMT

Cafem asks: “In a few days I will be going to Asia for 5 weeks for an extended holiday. Money is tight at the moment and I'm trying to squeeze as much money for the trip as I can. Can I declare myself moving out and then moving back in once I return?”

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Question 11 - Best Way To Transfer Money To Europe

Wed, 09 Sep 2015 06:30:00 GMT

Adam asks: “I’m from the UK and I’m spending the next year working in mainland Europe. I’ll be getting paid into an account in Euros, but I’ll want to transfer money to and from the UK whilst I am there. What is the best way to do this?”

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Question 10 - Mobile Phone Contract Or SIM-Only

Mon, 07 Sep 2015 06:30:00 GMT

Bryony asks: "My contract has just expired on my old mobile phone and I want a new smartphone. I’m thinking about getting an Apple iPhone 5s. Should I get this on my upgrade, or are there any cheaper options?"

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Question 9 - Can I Move Out From Home?

Fri, 04 Sep 2015 07:00:00 GMT

David asks: "I'm 19 and my parents are driving me crazy. I only have $2000 in savings, but I need to move out. I also need a car and to pay for my college tuition. Basically, I need a place to live, a car, and my education. How do I do this?"

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Question 8 - Mortgage Affordability Questions

Wed, 02 Sep 2015 06:40:00 GMT

Jenny asks: "I want to buy a house, and I've been living at my parents' to save money. I earn £20k. I've managed to save £30k and want to purchase a property worth £90k. With my income/savings, is buying a house within the next year or so doable for me?"

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Question 7 - Will I Be Able To Rent A Flat?

Mon, 31 Aug 2015 07:00:00 GMT

yesilikeburgers asks: "I've been a student for 2 years in the UK and I’m about to start a job in London in September. I'm looking at renting but I'm unlikely to be approved in terms of references/credit. Will I be able to rent a flat?"

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Question 6 - Which Fixed Rate Mortgage Period Is Best?

Fri, 28 Aug 2015 05:55:00 GMT

Kai asks; "We are first time buyers and about to take out a £327k mortgage over 35 years. We've decided to go with a fixed rate, with a £999 mortgage fee, but we have an option of 2, 3 or 5 years. Which one would you choose?"

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Question 5 - Do I Pay Tax On Gifts?

Wed, 26 Aug 2015 07:00:00 GMT

Sarah asks: "Do I need to pay income tax on gifts that are made from friends of mine?"

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Question 4 - Can I Afford To Live In London?

Mon, 24 Aug 2015 07:00:00 GMT

John asks: "I've recently landed my first graduate job in Cambridge, about 50 minutes by train from London. My girlfriend has just got a job in London, and ideally we'd like to move in together.Can I afford to live in London?"

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Question 3 - Is Debt Consolidation Right For Me?

Fri, 21 Aug 2015 06:00:00 GMT

Tom asks: "I was thinking about getting a debt consolidation loan. What do you think?"

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Question 2 - Should I Be Buying A House?

Wed, 19 Aug 2015 06:00:00 GMT

Laura asks: "Do I stand any chance of being approved for a mortgage and should I be buying a house?"

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Question 1 - Joining Your Employer's Pension Scheme

Mon, 17 Aug 2015 06:00:00 GMT

Bettiefrombingo asks: "Should I join my employer's pension scheme?"

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Question 0: Introduction

Sun, 16 Aug 2015 11:00:00 GMT

Welcome to The Moneystepper Q&A Podcast - answering your personal finance questions three times a week!

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Question 0: Introduction

Sun, 16 Aug 2015 11:00:00 GMT

Welcome to The Moneystepper Q&A Podcast - answering your personal finance questions three times a week!

Hosted on Acast. See acast.com/privacy for more information.