How to save on a home in the buyer’s market – and what if you want to sell? Lunch Money


The pandemic market for property sellers is long over and we now have ‘the best market conditions in years’ for homebuyers, according to a new report from Zoopla.

But if you want to buy or sell a home, what does this buyer’s market mean for you?

In this episode of Lunch Money, Simon Lambert and Lee Boyce from This is Money discuss how many people get a discount on asking prices, how you can negotiate as a buyer and what sellers can do.

Meanwhile, a pension pot for life was unveiled in last week’s autumn statement, but what does this mean and can I really boost your pension savings?

Myron Jobson, from Interactive Investor, explains the idea of ​​a lifetime pension, what happens to your old work pensions and how you can maintain and grow them.

And finally, savers take note, there’s a sneaky Isa trap you need to be aware of. Lee explains why Sainsbury’s Bank is a culprit and what savers should do.

Sellers forced to get realistic: according to Zoopla, average discount on asking price is now at its highest level in five years

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