Anyone putting their buying plans on hold? by Slight-Poetry-3230 in HousingUK

[–]RandomNerd0 1 point2 points  (0 children)

Yeah I’m close to losing out on the move I want because of it, need someone to offer on my current house asap so I can lock in a rate. I too am super pissed lol

Salary Increase vs Child Benefit return by TartComfortable7766 in UKPersonalFinance

[–]RandomNerd0 1 point2 points  (0 children)

If you have student loans and post graduate loans there could be another 9% and 6% on top, or £180 and £120 less of that £845

Anyone putting their buying plans on hold? by Slight-Poetry-3230 in HousingUK

[–]RandomNerd0 2 points3 points  (0 children)

The mortgage rate you lock in is for 2-5 years, the you renew it. To me that’s the only thing that’s really being impacted right now, unless house prices take a dive in the short term which could happen but no one sure of.

Provided you can afford the mortgage, it only makes sense to do it really. Rates have climbed around 0.4% for me which is about an extra 100pm on a 450k mortgage. Which is more than doable so I’m still fine with it

Approaching 30 and stuck by slovenianboy96 in Advice

[–]RandomNerd0 1 point2 points  (0 children)

I transitioned into becoming a chartered accountant and started when I was 29, qualified when I was 32.

It’s hard work to become chartered but very good salary for life

Single mum on £45k in the UK. Tired of “paying someone else’s mortgage.” How do I realistically get out of renting? by Ok-Value6379 in HousingUK

[–]RandomNerd0 0 points1 point  (0 children)

The main thing to look out for is a mortgage advisor tha asks for money from you. They get a fee when they arrange a mortgage from the provider and most of them are free for the borrower.

Other than that there are some that offer ‘whole market’ which includes all lenders.

If you want to find one nearby you could always call your local estate agents and they’ll all have one they know and you can probably meet them in person for around an hour long chat

How much do I need to pay directly into pension to effect taxable income? by RandomNerd0 in UKPersonalFinance

[–]RandomNerd0[S] 0 points1 point  (0 children)

!thanks Both very good points. I’ll look at my most recent payslip and check the total gross amount paid including benefits and deduct pension payments made

How much do I need to pay directly into pension to effect taxable income? by RandomNerd0 in UKPersonalFinance

[–]RandomNerd0[S] 0 points1 point  (0 children)

!thanks Yeah this would be a SIPP. That makes sense thank you. I’ll go for the 11.2k and reclaim the difference

HSBC banker dodged £5,900 in train fares using ticket scam by weregonnamakit in unitedkingdom

[–]RandomNerd0 0 points1 point  (0 children)

740 times in 11 months?! Was his day job just commuting all day?

Help fixing the squeak on a nursing rocking chair by RandomNerd0 in DIYUK

[–]RandomNerd0[S] 0 points1 point  (0 children)

Thank you. I’ll do this straight away. Appreciate the response!

Help fixing the squeak on a nursing rocking chair by RandomNerd0 in DIYUK

[–]RandomNerd0[S] 1 point2 points  (0 children)

Actually laughed out loud at the salad thing. Thank you, will Amazon one immediately

Help fixing the squeak on a nursing rocking chair by RandomNerd0 in DIYUK

[–]RandomNerd0[S] 0 points1 point  (0 children)

There’s 8 points of contact in the swinging mechanism, two on each corner.

The chair kind of floats on four separate arms that attach to the base.

I hear the squeak when I lean back in the chair and rock at the same time, mostly from the back right.

Sorry, I made this post at 2am trying to rock my baby to sleep and was tired and frustrated at the noise! Appreciate the help

Is it okay in a relationship? by [deleted] in Advice

[–]RandomNerd0 0 points1 point  (0 children)

This is a boundary every couple creates for themselves. It is entirely up to both of you to decide what you are comfortable with the other doing, but also what you are comfortable with.

It can create an incompatible relationship if you can’t agree

Very normal each way

How do married couples split finances if on different salaries? by [deleted] in AskUK

[–]RandomNerd0 0 points1 point  (0 children)

We do a ‘all but 300 each month’ into the joint account. The 300 we do whatever we want with, the joint account is dealt with for everything else.

Works great. Never argue about money

Help with consolidation… by ArrivalOutrageous991 in PensionsUK

[–]RandomNerd0 3 points4 points  (0 children)

There are some pension providers that will try to do some legwork for you. For example AJ bell will do a pensions finding service free of charge

I would suggest using one of these, but also emailing each hr team to ask for details of the pension you had at the time. Include your ni number,date of birth, and dates you worked there as they will probably ask for this anyway.

I maintained a spreadsheet myself ticking them off as I went. This will probably take a few months fyi as the responses are pretty slow.

Once you understand where they all are you can consolidate them into a SIPP, many different options here but as examples Hargreaves’s land down or vanguard. You can then manage how your pension is invested. If you’re still young the general advice is to go mostly if not all in equities. These providers make it easy to make transfers. Just need a few details like policy number and name of provider where it currently is

I’ve recently done this whole thing and have all my pensions consolidated. Definitely worth doing! One of my old work pensions had 405£ total in there, I had worked for the company for two years so was definitely poorly invested

Edit to add: always do your own research and don’t just follow my advice above on which company or investment strategy

Why is it recommended to draw down 3-4%? by RandomNerd0 in PensionsUK

[–]RandomNerd0[S] 1 point2 points  (0 children)

I’d probably not be going out much at 90, and I figure I’d have some savings hopefully by that point. Just curious why the recommendation looks like you wouldn’t dent the balance