How much you paying for fuel.

GreiginFife

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Point is he was very ill at the time and taken advantage of imo.

The selling of the garden for example would say devalue their asset by what 50k? At a push .. it's a big garden it wasn't much land

So with the houses out of control what would be wrong with a small hit of the profit when they have more than made their investment

My pension fund is on the verge of being taken away by greedy MPs so I have no idea ?

Sorry, but your grandad, as sad is it is that he was very ill, entered in to a contract with the bank willingly. Whilst I appreciate that your view is tinged by the fact that it's emotive for you, the bank did not "take advantage". They sold the same product (equity release) that they would to anyone that applied and was accepted. The terms are the same.

We can only speculate what the impact to the value would be with selling part of the land (reducing the holding) and then also having MDOs next door. Both of these affect the value so the bank took a risk based view. Again, I appreciate that it has more of a personal effect to you and it's not an objective view of the scenario.

Anyhow, we are now way off topic, my point stands that fuel bought under contract months ago being sold at real-time increases is properly crooked practice.
 

PJ87

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Sorry, but your grandad, as sad is it is that he was very ill, entered in to a contract with the bank willingly. Whilst I appreciate that your view is tinged by the fact that it's emotive for you, the bank did not "take advantage". They sold the same product (equity release) that they would to anyone that applied and was accepted. The terms are the same.

We can only speculate what the impact to the value would be with selling part of the land (reducing the holding) and then also having MDOs next door. Both of these affect the value so the bank took a risk based view. Again, I appreciate that it has more of a personal effect to you and it's not an objective view of the scenario.

Anyhow, we are now way off topic, my point stands that fuel bought under contract months ago being sold at real-time increases is properly crooked practice.

Agreed on the last point..very off topic aswell however it's just awful as he can't now sell this house that is too big for them and downsize to something manageable because of this

Even with his constant I'll health now and could really do with being in a home
 

jim8flog

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Noticed it had gone up a few pence more locally today.

What I also noticed today was how many of my regular Thursday food shop items had increased quite significantly.
 

jim8flog

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Banks are crooks aswell ofc. My grandfather in the mid 90s had cancer (he still with us today its not all bad a story) his company health plan would pay for just one more round of chemo so out of desperation he did equity release on his house for 30,000 .. (his house is a 5 bed detached in greater london) they own most of his house I think its something like when he passes they keep all but 130,000 and thats it.. even tho the value has greatly risen.
.

I have equity release and I am pretty sure they would have gone through all the terms and conditions very thoroughly.

Even though I am an ex financial adviser they still insisted that the adviser went through all of it from beginning to end.

If he took out a lifetime mortgage but did not pay back any of the loan then interest for the year is added to the original loan amount and the next years interest is based upon the new higher amount and so on. It does not take that many years for the amount owed to increase quite dramatically particularly if he went for a fixed rate based upon 1990s interest rates.

In just 4 years my loan is now 1.2 times what I borrowed. Originally I reckoned if I paid nothing back in 14 years I would only own half of the house and took out my mine when interest rates were very low.
 

larmen

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A friend of mine had posted a picture on FB of a BP sign with 1.75 for petrol and 1.97 for diesel. He lives in W12 but travels a lot so the picture could be from elsewhere.
 

chellie

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£156.9 for unleaded at the Tesco nearest to work today. No prices displayed outside either:mad: Could have driven further on to Asda but it may have been the same so couldn't be bothered.
 

Slime

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My local Sainsburys doesn't display fuel prices.
I think that's because there are several flats nearby and a large illuminated price display gantry would be a nuisance, especially at night.
 

jim8flog

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The Esso garage I drive past regularly has not displayed the prices for years.

Another Esso garage just off the A303 (main road to the West Country) has always been the most expensive garage in the area for years.

Apparently there is an app which tells you all the prices in your area.
 

SyR

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The Esso garage I drive past regularly has not displayed the prices for years.

Another Esso garage just off the A303 (main road to the West Country) has always been the most expensive garage in the area for years.

Apparently there is an app which tells you all the prices in your area.

The AA app let's you check prices up to 5 times in 24 hours. It doesn't seem to show all garages though and the prices can be a little bit off at times. I paid £1.54 for unleaded at Morrisons this evening.
 

larmen

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Withe the 'new prices' being established now, are we setting a 'new normal'? The petrol stations, forced by the market, are just finding out with what we are willing to pay, how high they can get away with. Do they have any incentive to go lower again? Usually it should go lower because they are competing against each other, but it never felt that way anyway.
They did it with the fuel crisis and it ner went back to 1.33 again, I guess we won't see 1.50 again for a long time.

Look at teh beer price, the alcohol tax discounts doesn't ever flow back to the consumer, it's extra profit for the pub and the chain above.
 

AmandaJR

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Just filled up at the local station which is often one of the cheapest - £1.608 litre for unleaded...

There was a Battersea Dogs Home fund raising set up outside (bad location if you ask me)! Anyhow, took a tenner in with me but they couldn't take cash...instead wanted me to sign up for some lottery type of set up. I didn't as don't like feeling railroaded into something long term like that.
 

GB72

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Just filled up at the local station which is often one of the cheapest - £1.608 litre for unleaded...

There was a Battersea Dogs Home fund raising set up outside (bad location if you ask me)! Anyhow, took a tenner in with me but they couldn't take cash...instead wanted me to sign up for some lottery type of set up. I didn't as don't like feeling railroaded into something long term like that.

Wrong thread but that is a pet Peeve of mine. Charity volunteer with a collection tin will get a donation on a majority of occasions. Paid chugger looking for a sign up will never get anything from me, especially as I have often read that each person has to stay signed up for a year before the charity gets back what is paid out to the tabbard mafia that line the high street.
 
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Just paid £1.95 per litre of Vpower. £140 for the full tank
 
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