The Martin Lewis Podcast Shift debt to 0% while you can! | Car Finance update | ISA & inheritance tax
Oct 15, 2026
Urgent guidance on shifting costly credit-card debt to 0% before deals worsen, including balance transfers, loans, eligibility checks and repayment safety. There’s also a major car-finance mis-selling court update, inheritance tax and ISAs, plus listeners’ hilarious secret spending confessions. The show wraps with debt-help advice, a surprise Olympian challenge and an unexpected Dumbledore impression.
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Selling Your Home May Preserve IHT Relief
- Selling a main home does not necessarily remove the residence nil-rate band if the proceeds remain in the estate for direct descendants.
- The standard £325,000 allowance plus a potential £175,000 property allowance could make £500,000 tax-free.
Car Finance Compensation Faces Years Of Delay
- The FCA’s proposed £9 billion scheme could cover 12 million mis-sold motor-finance agreements automatically.
- Court challenges delayed payouts; complaints may not be paid until late 2027, or 2028 without an existing complaint.
How Balance Transfers Actually Work
- Use a balance-transfer card to move existing card debt, usually up to 90% of its new credit limit.
- The new provider pays old cards directly; a 3% fee adds £30 to every £1,000 transferred.