hose old round pounds are no longer legal spending money, although a few retailers will still accept them. For, despite publicity, we still have millions in our homes, pockets and cars. Banks have said they will continue to exchange the coins well into the future.
But you don’t have to be an economist or the nation’s biggest supermarket to know that ‘every little helps’. And it’s not just finding an old pound coin in a long-forgotten bag.
Your home costs money to run. But there are big savings you can make.
Whether you have a smart meter or not, you can probably pay less for gas and electricity.
A quarter of a century after shopping around for power came in, more than half of all households never or rarely switch providers – with millions stuck on expensive standard variable tariffs. Whatever you pay, it’s the same stuff through the pipes and wires.
The Government has pledged to do something about standard variables but you don’t have to wait. Changing to a cheaper tariff is easy – there are several switching firms, including Which? Switch, where a few basic details entered into a website (most have phone lines as well) should produce a deal that could save hundreds a year.
Insurance companies take advantage of those who just renew year after year. So a comparison site should be the first port of call. Beyond that, look at what you are covering. You might still be paying for valuables which you no longer have. And what about that ‘legal expenses cover’? Hardly anyone ever uses it and many may have something similar through other organisations such as trade unions or charities.
You can save a lot by increasing the ‘excess’ – that’s the first slice of the claim you pay yourself. Premiums drop dramatically if you can afford £500 instead of £100.
There are other advantages – if your computer is accidentally damaged or lost, you can upgrade to the new model you want rather than the one the insurer sends. And you won’t face higher premiums next time because you ‘have made claims’.
The same goes for phone cover – unless you have top of the range mobiles (where you pay top of the range premiums), the main hassle of losing a phone is failing to back up contacts, photos, music and other data. Insurance won’t pay for that, anyway.
Don’t forget the mortgage – getting off the expensive standard variable rate could save you enough to pay for Christmas – and that’s only two months away.
And perhaps New Year as well. Which? Mortgage Advisers can help out here. didn’t register an interest in the property when it was bought. proceed with the divorce without her husband’s approval. If it can be shown that the husband is living with another woman there will be a presumption that he is committing adultery, although a cheaper option may be to consider amending the basis of the petition to unreasonable behaviour. This may be complicated and you should consider seeing a solicitor. will file for bankruptcy if we take the matter further. IT’S very common in these circumstances for the builder to lodge a bond or deposit with the council to ensure the road is built even if the builder gets into difficulty. Check with your solicitor of the local authority to see if any such arrangement was made. If the builder hasn’t sold the remaining houses the time to take action will be when he does. If the road remains private then you and the adjoining properties may be liable for the maintenance and any cost of putting it to an adoptable standard if this is required by the local authority. A FRIEND was joint executor of the will of an elderly woman who died nearly ten years ago. The other executor was a solicitor, who paid out my friend’s bequest but apparently never sent him a statement of account. The solicitor says he did, and refuses to send another copy. My friend has a copy of the will, and the statement of probate says the estate was worth between £80-£100,000. AS co-executor your friend should not only have seen the final accounts but should have signed and approved them. Copies should have been sent to the main, or residuary, beneficiaries, so he could approach them if his own copy has been mislaid. Given the number of years that have elapsed since the estate was finalised it’s possible it would be very inconvenient to unearth the records now. But if your friend thinks the estate never was wound up he should perhaps see another solicitor. »»Call Bromleys Solicitors LLP on 0161 330 6821 or visit www. bromleys.co.uk If you have any legal questions, write to Property Law, MEN Media, Mitchell Henry House, Hollinwood Avenue, Chadderton OL9 8EF, or email mail@ lawQs.co.uk