GUILTY UK - Helen Bailey, 51, Royston, 11 April 2016 #3

[Alyce]

Stewarts' assets

Stewart, following the death of his first wife, received a number of lump sums. He received £28,000 from Cambridge County Council, a £33,000 life insurance policy and £16,000 Legal and General policy. Stewart sold his old property for £520,000, put £470,000 into his home with Bailey, leaving £50,000. The court heard £10,000 was found in a Santander Bank Account by the investigator, who says Stewart had assets in other accounts.


http://www.cambridge-news.co.uk/news/local-news/helen-bailey-murder-trial-week-12531416

 

[Alyce]

Change to direct debit to joint account

There was a regular payment to the couple’s joint account of £600 from Helen Bailey. By May, 9,2016 it had become £4,000. It was brought about by a change in the standing order. The joint account goes back to August 2014. On April 11, 2016, there is £22,877 in the joint account.

The investigator is being cross-examined. He is asked if payments from the joint account changed after April 11.

He says: “The account is a Santander 123 account which has been set up to deal with domestic payments.

“Apart from that one direct debit there is no change.”


http://www.cambridge-news.co.uk/news/local-news/helen-bailey-murder-trial-week-12531416

 

[Alyce]

Ah well, at least we now know where he worked

 

[Alyce]

There was a regular payment to the couple’s joint account of £600 from Helen Bailey


I thought IS said they each paid £600 per month into this account ?

 

[snoopydog]

Ah well, at least we now know where he worked

Where? I must have missed that...


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[michelle230]

Helen Bailey's assets

He explains that Bailey and Stewart’s Baldock road property was bought for £1.1 million.

Stewart put in £470,000 to this purchase. Bailey sold her previous home for £1.6 million.

£312,000 - the valuation of the Broadstairs property, owned solely by Helen Bailey.

£180,000 - the valuation of her Gateshead property.

The investigator puts Bailey’s property portfolio as around £1,850,000.

Bailey had around £60,000 in her Barclays bank accounts. She had a joint bank account with Stewart holding just under £90,000.

This gives a total estimated valuation of Bailey’s assets of £3,326,316


http://www.cambridge-news.co.uk/news/local-news/helen-bailey-murder-trial-week-12531416

Interesting. I thought it said previously that there was £20,000 in their joint account (when police investigated originally). If so, what happened to the £70,000?

 

[Alyce]

Stewart's accounts

The investigator confirms that the accounts he has managed to find for Stewart totalled around £162,000 in cash. He also had a total monthly net income of £1,933.

http://www.cambridge-news.co.uk/news/local-news/helen-bailey-murder-trial-week-12531416


my comment - so not without a bean then ( sorry couldnt resist ) just not as hugely wealthy as he wanted to be

 

[snoopydog]

Yes that's what I noted. The evidence is conflicting


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[MillyM]

He was doing rather well for an unemployed bloke. Far more than he'd get down tge JobCentre on Jobseekers Allowance.

"The investigator confirms that the accounts he has managed to find for Stewart totalled around £162,000 in cash. He also had a total monthly net income of £1,933."

 

[Rayemonde]

Stewart's accounts

The investigator confirms that the accounts he has managed to find for Stewart totalled around £162,000 in cash. He also had a total monthly net income of £1,933.

http://www.cambridge-news.co.uk/news/local-news/helen-bailey-murder-trial-week-12531416


my comment - so not without a bean then ( sorry couldnt resist ) just not as hugely wealthy as he wanted to be

So he did have some income... But where did it come from?

 

[Alyce]

Where? I must have missed that...


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Ah no, my mistake. I was reading the pay out from Cambridge County Council as being a pay off to him. I was thinking that he might have stopped working after his wife died.
More likely it is a payment connected to her, which he was given, as the surviving spouse.

 

[michelle230]

Stewarts' assets

Stewart, following the death of his first wife, received a number of lump sums. He received £28,000 from Cambridge County Council, a £33,000 life insurance policy and £16,000 Legal and General policy. Stewart sold his old property for £520,000, put £470,000 into his home with Bailey, leaving £50,000. The court heard £10,000 was found in a Santander Bank Account by the investigator, who says Stewart had assets in other accounts.


http://www.cambridge-news.co.uk/news/local-news/helen-bailey-murder-trial-week-12531416

Not such a huge sum though possibly property was paid off also.

 

[Alyce]

Chloe Keedy ‏@ChloeKeedyITV 35s36 seconds ago

Week 4 of Helen Bailey murder trial gets underway with evidence from financial investigator Stephen Theedom on assets of both HB + Stewart

 

[hunkerdown]

He was doing rather well for an unemployed bloke. Far more than he'd get down tge JobCentre on Jobseekers Allowance.

"The investigator confirms that the accounts he has managed to find for Stewart totalled around £162,000 in cash. He also had a total monthly net income of £1,933."

A net income from where?!


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[Alyce]

So he did have some income... But where did it come from?

There was a post on here, a few days back, saying he had a Company Pension - not sure now where that info came from but would perhaps explain some of the monthly income

 

[hunkerdown]

Ah no, my mistake. I was reading the pay out from Cambridge County Council as being a pay off to him. I was thinking that he might have stopped working after his wife died.
More likely it is a payment connected to her, which he was given, as the surviving spouse.

She was a school secretary I think so that makes sense that it would come from the council.


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[Stumpyaura]

I guess the defence could now say he had adequate funds/income so financial gains not such a strong motive?

 

[Legally Bland]

I know it's been speculated that IS didn't want HB spending her capital on a wedding. Now I'm thinking he was supposed to pay half (quite rightly).

 

[cottonweaver]

This is really interesting again.

Fancy that , 162 k in a number of accounts and only £600 into the JAcc from Helen. The successful altering to 6k in may not in april.
Incentive in helen's life insurance, but a small policy for Diane

 

[Squamous]

She was a school secretary I think so that makes sense that it would come from the council.


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Yes, I agree.