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13:34 GMT, Tuesday, 9 September 2008 14:34 UK

Home help required?

BBC Radio 4's Money Box
Saturday, 6 September
at 1204 BST
On Radio 4 and Online Programme transcript (14 pages)
Prime minister Gordon Brown, Chancellor Alistair Darling, Communities Secretary, Hazel Blears and Chief Secretary to the treasury Yvette Cooper (left to right) at a meeting to discuss the housing situation

A package of measures aimed at boosting the flagging housing market was announced by the government on Tuesday 2 September.

The centrepiece was the scrapping of stamp duty for a year, for all property transactions below £175,000.

This came into force last Wednesday, 3 September but experts are still trying to unravel exactly what many of the other measures will mean.

We discussed the market and the suggested measures with Michael Coogan, director general of the Council of Mortgage Lenders, Peter Tutton, social policy officer with the Citizens Advice Bureau, Peter Rollings, managing director of Marsh and Parsons estate agents and Graeme Moran, managing director of Metropolitan Home Ownership.

Further information/related stories:

Stamp duty axed below £175,000

Mortgage interest help is limited

Home buyers weigh up aid measures

Credit crunch 'to last into 2010'

Housing changes: the reaction

New rules to stop mortgage fraud

External links and helplines


Partha Dasgupta, chief executive of the PPF

Insolvent pensions

Another 15 insolvent pension schemes were taken over by the Pension Protection Fund (PPF) in August.

The fund is designed to bail out insolvent pension schemes where the employer has gone bust.

The PPF said this brought to 57 the number of schemes that it had rescued since it was established in 2005.

Paul Lewis asked Partha Dasgupta, the chief executive of the Pension Protection Fund, if he was expecting many more schemes to need bailing out if the UK does go into a full blown recession.

Further information/related stories:

More pension schemes are rescued

Pension fund finances in the red

External links and helplines


Mural showing Prime Minister Gordon Brown's head on a 10p coin

Tax rebate

Changes to personal allowance come into force on 7 September which will mean about 22 million basic rate taxpayers will get a rebate of up to £60.

They will then also see their net pay rise by £10 per month for the rest of this tax year, meaning they may see a total tax saving of £120.

We explored the details and background of the rebate with Angela Beech of accountants Blick Rothenberg.

Further information/related stories:

Millions due to gain tax rebate

Money Box Live: Tax and self assessment

Ministers see off 10p tax fight

External links and helplines


A Whizz Go car

Car clubs

Parking permits, car tax, insurance, MOT, depreciation - the fixed costs of having your own car can be daunting.

So some motorists are giving up owning and taking up sharing.

You pay a membership and then a daily rate, and if you are lucky enough to have a car club car nearby and no one else has booked it, you can use it straight away.

Bob Howard compared membership to ownership.

Further information/related stories:

Car club members on the increase

Have Your Say: Car clubs
Joining a quick-hire car club

Electric cars for flat residents

New car sales 'hit by downturn'

Rallying joins 'green' campaign

EU 'should ban inefficient cars'

External links and helplines


Alliance and Leicester branch

Alliance & Leicester

Thousands of Alliance & Leicester (A&L) shareholders have received voting packs containing forms to approve the proposed purchase of the bank by the Spanish bank Santander.

The 258 page document contains details of the planned takeover by the Spanish bank Santander, and explains how to vote on it.

We asked Gavin Oldham, chief executive of The Share Centre, what the pros and cons might be and what exactly shareholders would have to do.

Further information/related stories:

Warning from Alliance & Leicester

Volatile market hits A&L profits

Can Spanish banks lead survival charge?

Santander agrees £1.2bn A&L deal

External links and helplines


BBC Radio 4's Money Box was broadcast on Saturday, 6 September 2008 at 1204 BST.

The programme was repeated on Sunday, 7 September 2008 at 2102 BST.




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