Which? Money weekly podcast, 02 February 2011
- Mortgage fees: how hefty extra costs add up when you take out a home loan
- Section 75 consumer protection: do banks and card providers understand the rules?
- Facebook Deals: how 'checking in' with retailers and restaurants could save you money
In this week's podcast: mortgage fees, section 75 and Facebook Deals
In today's episode of the Money podcast, Which? property and mortgages expert Cathy Neal navigates the mortgage fee maze to explain why the interest rate your lender quotes you may not reflect the true cost of your home loan. With mortgage arrangement fees on the rise and up to 29 different types of fees payable, we reveal how you could more accurately compare the total cost of mortgages before signing on the dotted line.
Also this week, 'Captain Plastic' Martyn Saville returns to the studio to talk about the extra protection extended to consumers when they buy items costing between £100 and £30,000 on credit cards. Section 75 of the Consumer Credit Act is designed to benefit shoppers - but our research reveals that banks and credit card companies don't often give the right advice, or make it easy for you to claim under Section 75 when you call them.
Finally, don't miss this week's money saving tip: a look at Facebook's new Deals functionality, and how it could save you money if you're willing to 'check in' at retailers, restaurants and bars.
Links mentioned in the podcast:
- Rising mortgage fees create confusion
- Your rights when paying by credit card
- Which? exposes poor credit card claims advice
- Which? Technology podcast