This Is Money Show

Should you cash in on your home to help yourself or your kids? As a generation retires with more money in their houses than the bank, this question will only become more pressing. And it’s been a topic of much debate on This is Money this week, as we revealed how a new wave of retirement interest-only mortgages could be about to emerge. Homeowners could use one to have a more comfortable retirement, clear some debt, or hand the kids or grandkids an early inheritance – perhaps to buy a home for their own young family. Is that a good idea or a recipe for disaster – and how did we even end up here? In a conversation that tracks all the way back to the mortgage boom of the Thatcher years, Simon Lambert, Rachel Rickard Straus and Georgie Frost dive into the homes as a cash machine question on this week’s podcast. Plus, they also take a look at what happens when an inheritance doesn’t materialise as thought – can you contest a will if it’s all left to the dogs’ home. The TSB meltdown is also up for discussio