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This is Money Podcast

Would you sign up to an estate agent offering to sell your home for free?

28 Jun 2019

Description

The bumper fees we pay to estate agents to sell our homes are a common gripe, so what’s not to like about one that offers to do it for free? Yes, free.  Online agent Housesimple says that it will sell your home at no charge, rather than the 1.5 per cent you might pay a traditional High Street agent, or even the £900 or thereabouts that rival fixed fee agents charge. So, what’s the catch and would taking up this kind of offer be a good idea? On this week’s podcast, Simon Lambert, Georgie Frost and Will Kirkman dive into the murky world of selling houses and whether estate agents are worth their fees. They also look at how much it costs to get on the property ladder around the UK and why it’s got more affordable in London, with one major caveat. On the agenda this week, in addition to that, is the help or lack of for mortgage prisoners and how to get your pension to last to 100. The team also take a trip back to the 1970s, to find out why a decade famed for being economically rubbish for the UK also managed to deliver the last time unemployment was this low. And finally, Simon has some tips on how to do well in our £20,000 Fantasy Share Picking Game, which include not copying him thanks to his lowly 1,400th place in the practice league.

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