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Fake bank accounts, mortage discrimination, NISAs and debt letters

Fake bank accounts and the block of flats where half the residents have been targeted. The lowdown on NISAs and where to put your money. Alleged ageism in the mortgage market.

FAKE BANK ACCOUNTS

When money laundering checks are so strict how can a series of accounts be opened with fake IDs and false addresses? We visit one block of flats where half it's residents have been receiving bank statements and cards for people who have never lived there. We speak to MP Mark Garnier from the Treasury Select Committee.

NISAs

Are banks cutting rates as the Β£15,000 tax free cash NISA limit begins? What are the best buys? And can we top up existing ISAs with the new allowance this week? We get the low down from Anna Bowes from Savings Champion. And when is cash the best option and when is it not? We hear of safe alternatives from Lars Kroijer, a former hedge fund manager and the author of Investing Demystified.

MORTGAGES

Is there ageism in the mortgage lending market? We talk to listeners who say they were refused a mortgage that they could afford just because of their age. The Council for Mortgage Lenders denies it happens. A broker tells us his experiences.

FAKE LAW FIRMS

The list of banks and others who use in-house firms that pretend to be independent debt collectors or lawyers grows. We find out what you can do if you have had a debt collection letter that is misleading.

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30 minutes

Last on

Sat 5 Jul 2014 12:00

Broadcasts

  • Sat 5 Jul 2014 12:00
  • Sat 5 Jul 2014 12:04

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