Daily Mail | Baffled by Money

Postman will pick up your parcels for 72p during regular delivery rounds under new mail scheme

Postmen will pick up your parcels for 72p during regular delivery rounds under new mail schemeRoyal Mail’s Parcel Collect service will see postmen pick up parcels from homes Households will be charged 72p per item on top of postage costs for the service Sellers and shoppers can send or return items by post without leaving homeBy Amelia Murray Money Mail Chief Reporter For The Daily Mail Published: 19:02 EDT, 20 October 2020 | Updated: 22:04 EDT, 20 October 2020

Banks refuse to mortgage flats over cladding fears

Forced to sell their homes at any price: Banks refuse to mortgage flats over cladding fears in the wake of the Grenfell fireLenders have been refusing to offer mortgages on tens of thousands of homes It comes after the introduction of new safety rules in the wake of the Grenfell fireMany homeowners expect heavy bills for repairs and rising mortgage paymentsSome have been forced to accept reductions of 40 per cent on their asking priceBy Miles Dilworth For The Daily Mail Published: 17:00 EDT, 20 October 2020 | Updated: 20:03 EDT, 20 October 2020

Covid-19 is forcing many older people to delay retirement

Warning the older generation is facing a bleaker, poorer retirement as Covid-19 has ‘sabotaged’ their pension plansA fifth of people approaching retirement are putting it off, finds surveyMany fear investment losses in pandemic mean they can never retire Number who believe lifestyle will improve in retirement has halved in past yearBy Tanya Jefferies for Thisismoney.co.uk Published: 19:01 EDT, 20 October 2020 | Updated: 19:01 EDT, 20 October 2020