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Will ISA transfer guidelines help? Will ISA transfer guidelines help?
(5 days later)
BBC Radio 4's Money BoxSaturday 30 Augustat 1204 BST On Radio 4 and Online 30 August 2008 BBC Radio 4's Money BoxSaturday 30 Augustat 1204 BST On Radio 4 and Online class="" href="/1/shared/spl/hi/programmes/money_box/transcripts/08_08_30.txt">Programme transcript href="http://www.bbc.co.uk/mediaselector/check/player/nol/newsid_7580000/newsid_7589900?redirect=7589924.stm&news=1&bbram=1&nbram=1&bbwm=1&nbwm=1" onClick="javascript:newsi.utils.av.launch({el:this});return false;">30 August 2008
New guidelines been published by banks and building societies to speed up cash ISA transfers following complaints by customers angered by administrative delays.New guidelines been published by banks and building societies to speed up cash ISA transfers following complaints by customers angered by administrative delays.
Some savers have seen their cash ISA money vanish for months as each bank or building society in the process blames the other.Some savers have seen their cash ISA money vanish for months as each bank or building society in the process blames the other.
The guidelines will reduce the transfer time to less than five weeks.The guidelines will reduce the transfer time to less than five weeks.
Keeping savings in cash has become a much more popular option since the start of the credit crunch.Keeping savings in cash has become a much more popular option since the start of the credit crunch.
But do the new proposals have any teeth at all?But do the new proposals have any teeth at all?
We heard from Angela Knight of the British Bankers' Association.We heard from Angela Knight of the British Bankers' Association.
Will ISA transfer guidelines help?Will ISA transfer guidelines help?
Further information/related stories:Further information/related stories:
New ISA guidelines: bark or bite?Individual Savings AccountsHigher rate savings accounts growArrival of the new ISA ageBarclays refuses full ISA refundsISAs and tax free savings: your questionsExternal links and helplinesNew ISA guidelines: bark or bite?Individual Savings AccountsHigher rate savings accounts growArrival of the new ISA ageBarclays refuses full ISA refundsISAs and tax free savings: your questionsExternal links and helplines


Nationwide says the market is likely to remain subduedNationwide says the market is likely to remain subdued
MortgagesMortgages
A raft of gloomy headlines this week on the housing market suggests that the credit crunch is still far from over.A raft of gloomy headlines this week on the housing market suggests that the credit crunch is still far from over.
House prices in the UK have fallen on average by 10.5% compared to August last year, according to the latest survey from the Nationwide.House prices in the UK have fallen on average by 10.5% compared to August last year, according to the latest survey from the Nationwide.
Meanwhile, the low level of mortgage approvals by the major banks, though they rose slightly in July, is another cause for concern.Meanwhile, the low level of mortgage approvals by the major banks, though they rose slightly in July, is another cause for concern.
Because of the current uncertainty in the market, people have been holding off getting a mortgage - put off by the lack of cheap deals.Because of the current uncertainty in the market, people have been holding off getting a mortgage - put off by the lack of cheap deals.
We talked to Ray Boulger from the mortgage broker John Charcol and also to Toby Wheatley of Floyd Independent Estate Agents, who told us how his business has been affected.We talked to Ray Boulger from the mortgage broker John Charcol and also to Toby Wheatley of Floyd Independent Estate Agents, who told us how his business has been affected.
MortgagesMortgages
Further information/related stories:Further information/related stories:
House prices 'fall 10.5% in year'UK mortgage lending 'levels off'Mortgage lending slump continuesBuy-to-let mortgage demand fallsMortgage rates 'at 2007 levels'External links and helplinesHouse prices 'fall 10.5% in year'UK mortgage lending 'levels off'Mortgage lending slump continuesBuy-to-let mortgage demand fallsMortgage rates 'at 2007 levels'External links and helplines


The Family Rights Group is lobbying for allowances for 'informal' carersThe Family Rights Group is lobbying for allowances for 'informal' carers
Kinship carersKinship carers
What financial help can you expect if you are caring informally for a close relative's child?What financial help can you expect if you are caring informally for a close relative's child?
It is estimated there may be as many as 300,000 such "kinship carers".It is estimated there may be as many as 300,000 such "kinship carers".
Local authorities often have no knowledge of them and their only financial help can be child benefit and tax credits.Local authorities often have no knowledge of them and their only financial help can be child benefit and tax credits.
Money Box spoke to two experts who say far greater financial assistance is urgently required.Money Box spoke to two experts who say far greater financial assistance is urgently required.
Kinship carersKinship carers
Further information/related stories:Further information/related stories:
Relatives warned over foster payHave Your Say: Kinship carersCarers 'need more financial help'Carers gain from policy changeExternal links and helplinesRelatives warned over foster payHave Your Say: Kinship carersCarers 'need more financial help'Carers gain from policy changeExternal links and helplines


Sunny days or more rain in store Bradford and Bingley?Sunny days or more rain in store Bradford and Bingley?
Bradford & BingleyBradford & Bingley
Buy-to-let loans specialist, Bradford & Bingley (B&B), has reported a loss for the six months to 30 June, with bad debt charges up sharply.Buy-to-let loans specialist, Bradford & Bingley (B&B), has reported a loss for the six months to 30 June, with bad debt charges up sharply.
The bank recently completed a £400m share rights issue in order to improve its balance sheet.The bank recently completed a £400m share rights issue in order to improve its balance sheet.
We spoke to Peter Hahn from the Cass Business School and asked what the future holds for B&B.We spoke to Peter Hahn from the Cass Business School and asked what the future holds for B&B.
Bradford and BingleyBradford and Bingley
Further information/related stories:Further information/related stories:
Bradford & Bingley announces lossTepid response to B&B cash callBradford & Bingley cash call endsExternal links and helplinesBradford & Bingley announces lossTepid response to B&B cash callBradford & Bingley cash call endsExternal links and helplines


Other newsOther news
From February 2009 there will be a change to what spouses and civil partners can receive if their partner dies without making a will.From February 2009 there will be a change to what spouses and civil partners can receive if their partner dies without making a will.
The limit for surviving partners where there are no children, will rise from £200,000 to £450,000, and if there are children, the limit will rise from £125,000 to £250,000.The limit for surviving partners where there are no children, will rise from £200,000 to £450,000, and if there are children, the limit will rise from £125,000 to £250,000.
Other newsOther news


BBC Radio 4's Money Box was broadcast on Saturday, 30 August 2008 at 1204 BST.BBC Radio 4's Money Box was broadcast on Saturday, 30 August 2008 at 1204 BST.
The programme was repeated on Sunday, 31 August 2008 at 2102 BST.The programme was repeated on Sunday, 31 August 2008 at 2102 BST.