Our expert Rebecca Gamble helps make your cash go further
READER QUESTION
Q My daughter wants to take out a guarantor mortgage with me as her ‘guarantor’. What are the risks if I agree to do this?
A As a guarantor, you would take on the responsibility to make the mortgage repayments if your daughter can’t, and you’ll usually need to use savings or your own property as security. The worst-case scenario is that you could lose your savings or your house if the repayments aren’t kept up. There are other risks too. Learn more at moneysupermarket.com.
Deal of the week
Snap up Sanctuary Spa’s luxurious Melting Pearls Body Butters for less. The whole range is now half price in Boots, including the new Lily & Rose Natural Oils Melting Pearls Body Butter (300ml), which combines the fragrances of white lily, damask rose and palmarosa. It was £16, but is now £8 until 2 July 2024. Subject to availability. Offer correct at time of going to press.
3 easy ways to...save money on your mobile phone bills this summer
Going abroad for a well-deserved holiday? Make sure you don’t get stung for using your mobile phone. Here’s what to do before leaving home
1 CHECK CHARGES
It’s crucial that you find out how much it’ll cost you to use your phone when you’re abroad before you set off, because this can vary widely by provider and destination. In some cases, it won’t cost you any more than using it at home. For example, some providers offer free EU roaming, while others charge a daily fee to access your usual calls, texts and data. Check any ‘fair usage policy’ your provider has. If you go above it you could face hefty fees.
If you’re travelling further afield, the cost of using your phone can rocket. You may be able to buy a travel bundle to cut the cost of using your phone, but these may not be great value depending on how much you’re planning to use your phone. Weigh everything up, and read the terms and conditions.
2 MORE WAYS TO SAVE
To reduce your costs further, switch off mobile roaming in your phone’s settings before setting off, and only switch it back on if you really need it. If you want to save money by only using Wi-Fi while you’re away, stick to legitimate Wi-Fi networks of
