Are people on pensions staying?
#1
Are people on pensions staying?
Couldn't think how to phrase the title.
With reference to all those returning to the UK and the thread "Another one back in Blighty" And the low exchange rate.
Are those returning dependant on raising an income in Spain?
Are any pensioners returning for lack of finance?
With reference to all those returning to the UK and the thread "Another one back in Blighty" And the low exchange rate.
Are those returning dependant on raising an income in Spain?
Are any pensioners returning for lack of finance?
#2
BE Forum Addict
Joined: Aug 2009
Location: Costa Blanca
Posts: 3,143
Re: Are people on pensions staying?
Yes in my experience it is the younger ones needing to work to ensure a pension! and the pensioners are toughing it out.
Surely for the pensioners it is still cheaper to live here - lower council tax bills, heating bills (OK it is cold in the winter) car tax, etc...
Surely for the pensioners it is still cheaper to live here - lower council tax bills, heating bills (OK it is cold in the winter) car tax, etc...
#3
BE Enthusiast
Joined: Aug 2006
Location: conil de la frontera
Posts: 363
Re: Are people on pensions staying?
It is tougher for us pensioners, petrol, electricity and all general prices are now much higher, insurance for cars & home are higher. Pension is getting less and less and the savings are disappearing fast. Even if we wanted to (and we don't) it would be impossible to sell and have enough to buy a house back in the UK in the south where we originally came from.
#5
BE Enthusiast
Joined: May 2009
Posts: 882
Re: Are people on pensions staying?
I don't think returning is even an option for a lot on pensions and without family to accommodate them.That's assuming you could sell up to begin with.
#6
Re: Are people on pensions staying?
Our problem was that we were getting less, in Euros, when we left than we were getting when we went to Spain 4 years ago. Fortunately we didn't have a house to sll in Spain, having sold and moved onto renting before the recession started. We had no-one and nowhere in the UK to go, but are renting here in the UK yes council tax is higher, but we haven`t got a car here as we qualify for bus passes, giving us free transport, and we at least know what we will get each month, so it is easier to budget.
#7
Banned
Joined: Dec 2006
Location: Living in a good place
Posts: 8,824
Re: Are people on pensions staying?
If you have a low pension you don't have to pay rent and council tax either. Have a look at the DWP website. I know someone who went back, got a nice housing association apartment and don't have to pay anything.
#8
Re: Are people on pensions staying?
Ask about the "Minimum Income Guarantee" if on a low pension. Means tested, but rent, council tax, living costs would all be taken into account to access you income, if it's below the minimum, you could be eligible for payments.
#9
barxeta bliss,ohhhh
Joined: Nov 2005
Location: barxeta
Posts: 308
Re: Are people on pensions staying?
I too know somebody that went back to UK, stayed with her daughter, went to council, lied and said daughter wanted her out and she had nowhere to go, council offered her a nice flat, she is well happy, oh and she has put her property in spain up for sale...
#10
Ex Expat
Joined: Oct 2006
Location: West Midlands, ex Granada province
Posts: 2,140
Re: Are people on pensions staying?
Not on State Pension yet, but husband's Teachers' Pension that we live on has gone down by 1/3 since we came in Spain five years ago due to the exchange rate.
And the cost of living in Spain has gone up. Council tax may be cheaper in Spain, but the price of groceries in , say Mercadona, bears no resemblance to Morrisons in the UK, where, with BOGOFS, special offers and reduced to clear items, I can get a good amount of food for £25. Would cost £40 at least in Mercadona where they will just let food go out of date and then throw it away rather than reduce it. The market I use in Spain also is much more expensive than the one I go to in the UK.
We are back in the UK for a while, but this is not actually to do with finances as we do not think that Spain is particularly cheap anymore.
And the cost of living in Spain has gone up. Council tax may be cheaper in Spain, but the price of groceries in , say Mercadona, bears no resemblance to Morrisons in the UK, where, with BOGOFS, special offers and reduced to clear items, I can get a good amount of food for £25. Would cost £40 at least in Mercadona where they will just let food go out of date and then throw it away rather than reduce it. The market I use in Spain also is much more expensive than the one I go to in the UK.
We are back in the UK for a while, but this is not actually to do with finances as we do not think that Spain is particularly cheap anymore.
Last edited by scampicat; Aug 31st 2009 at 8:30 am.
#12
BE Forum Addict
Joined: Aug 2009
Location: Costa Blanca
Posts: 3,143
Re: Are people on pensions staying?
We find 'Dia' supermarket very cheap - especially if you apply (very easy) for their card and then get the discount vouchers. Many of their own products are excellent. We still find the street market best value for fresh and cheap fruit and veg.
#13
Re: Are people on pensions staying?
A lot of the people going back from around here are pensioners. I think finance is the big issue but they are also using the family as an "excuse".
I suspect that it's money first and then everything else adds weight to the argument.
I suspect that it's money first and then everything else adds weight to the argument.
#14
Re: Are people on pensions staying?
I dont understand, its certain that most things are cheaper even now in spain than England, so if you have a british pension, why would anyone return for financial reasons - given the money still goes a bit farther than in England?
#15
Re: Are people on pensions staying?
& which tbh I reckon they are still entitled too, having paid into the system for years enough - even if they lived abroad for some years