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INSIDE

May 2012

REGULARS 7 Welcome 17 Savings Watch The best deals on the market this month 18 Fight for Your Rights Got a financial problem? We take up the fight

COLUMNISTS 21 Editor’s letter Grandma, what scary charges you have! 31 George Pitcher Fleet Street’s gain is the Treasury’s loss 43 Jeff Prestridge Snooze, you lose.Wake up to exploitation 98 That’s Life with Esther Rantzen Tap into the power of granny-savings UPFRONT8YourShout 11 Steal of the Month 16 Housing Market Round-Up SORTED! 22 Your Finances Fixed 28 Money Makeover COMPETITION 26 WIN an action-packed three-night family break in Pembrokeshire

34

The ‘boomerang’ kids need your help but don’t wave goodbye to your own financial security in the process scam

33 10 ways to cut the cost of running your home Simple tips to counter spiralling bills and keep a tight rein on your household budget 34 How to run the bank of mum and dad When your 20-something kids come to you for financial support, where should you draw the line? 39 Troubled times for Britain’s renters It costs more to rent a property than to pay a mortgage on it in some parts of the UK. What’s the outlook if you rent?

44 Are inflation-linked deals losing their lustre?

As inflation slows, now could be the time to start looking for a new home for your savings scam

4 MONEYWISE | MAY 2012

52

What’s the real cost of mums going back to work?

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