logo
episode-header-image
Aug 15
24m 24s

State Pension Age Rise, Gazundering and ...

Bbc Radio 4
About this episode

Urgent action is needed to help people in their sixties on low incomes who face a delay of up to a year before they can claim their State Pension. That is the main recommendation of a new report from the Work and Pensions Committee. Pension age rises over the next two years from 66 to 67 and the committee of MPs fears some of the people affected by that delay face poverty unless the benefit rules are changed to give them more money. The Department for Work and Pensions says in February, 0.02% of the Universal Credit caseload was aged 65 or 66. It also welcomed the report saying it will consider the recommendations in due course.

There’s growing concern in the housing industry over the rise in a practice known as “gazundering”. It’s when people selling homes are told by buyers just days before exchanging, that they must drop the agreed price by thousands of pounds or risk losing the deal. The Conveyancing Association says it’s a growing problem and is urging the government to implement reforms which would stop the practice “without delay”. The government says it's stopping gazundering by introducing "legally binding agreements that prevent buyers from walking away at the last minute without a valid reason, with fines for those who do."

Money Box has found that a grant which can be used to install a heating system than can also act as air conditioning is not up and running, despite being announced in November. We'll investigate why.

Presenter: Paul Lewis Reporters: Dan Whitworth, Jo Krasner and Niamh McDermott Editor: Jess Quayle Senior News Editor: Sara Wadeson

Photo Credit: Witthaya Prasongsin via Getty Images

(First broadcast 12pm Saturday 18th July 2026)

Up next
Aug 12
Money Box Live: Buy Now, Pay Later Shake-Up
New regulations begin today (Wednesday July 15th) for shoppers using Buy Now Pay Later. Consumers using services like Klarna and Clearpay will now be given more protection but also a greater risk of rejection, as new affordability checks begin. BNPL schemes often provide interest ... Show More
28m 20s
Aug 8
Making Tax Digital Deadline and Cheques
A deadline approaches for 860,000 self-employed people and landlords who must start reporting their income and expenses in a new way. It is called Making Tax Digital and it affects small businesses with a turnover or gross income above £50,000 a year. They have until 7th August t ... Show More
25m 2s
Aug 5
Money Box Live: Would you let AI manage your money?
We look at whether artificial intelligence is a help, or a hazard when it comes to helping you with your personal finances.One in five adults in the UK - around 11 million people - are already open to the idea of using AI to manage their finances, according to the Financial Condu ... Show More
28m 16s
Recommended Episodes
Sep 2024
Mortgage Special: Time To Fix? Will Rates drop further? How to find top deals
The main topic the week is everything you need to know about mortgages. There is also an update for savers and Martin explains a legal challenge to the UK and Scottish Governments' decision to cut the winter fuel payment.And the Tell Us got a huge response looking at what people ... Show More
1h 8m
Dec 2021
Business Weekly: 25/12/2021
On this edition of Business Weekly, we’re looking at the rising cost of energy across Europe, and hear from Emma Pinchbeck of Energy UK on how producers and consumers are coping, plus Tom Wilson from The Financial Times analyses the causes behind the price hike. We hear about how ... Show More
50m 2s
Aug 2017
Power of Attorney - a sensible piece of financial planning, or something that could leave you vulnerable to abuse?
FT Money Show presenter Claer Barrett and guests on lasting powers of attorney, whether employers are paying enough into company pensions and asks her guest how long he would spend trying to extract a pound coin if it got stuck in a supermarket trolley. Hosted on Acast. See acast ... Show More
21m 30s