We realise these are uncertain times for all so we’ve put together some factsheets to provide you with some financial guidance during the coronavirus pandemic. Our independent financial advisers are still available to speak with should you have any questions or need advice on your financial plans and goals.
Income protection insurance may never have been as important as right now. How would you pay the bills if you were sick or injured and couldn’t work? There is a growing unease about the economic fallout of coronavirus (COVID-19), with many businesses laying off contractors and putting staff on extended leave, as well as natural worries about contacting the disease.
Applying for a three month mortgage payment holiday could help to ease some of the stress borrowers may be facing during the pandemic outbreak. Mortgage borrowers that have been adversely affected financially by coronavirus (COVID-19) may want to consider requesting to take a mortgage payment holiday on their residential or buy-to-let mortgage for up to three months to help their financial situation.
Download our ‘Applying for a three-month mortgage payment holiday’ factsheet here
The Chancellor of the Exchequer, Rishi Sunak, unveiled unprecedented government aid for the self-employed via the Self-employment Income Support Scheme. There are around five million people who are self-employed and freelance across the UK, and many will be relieved to hear that financial support is on the way to help those impacted by coronavirus.
Download our ‘Self-employment Income Support Scheme’ factsheet here
There are currently a lot of coronavirus investment scams out there; if it sounds too good to be true, it probably is. Fraudsters are getting more sophisticated, particularly with investment scams. They can be articulate and financially knowledgeable, with credible websites, testimonials and materials that are hard to distinguish from the real thing.
The Government has introduced measures for protecting renters affected by coronavirus. No rent in either social or private accommodation will be forced out of their home. This radical package of measures protects renters and landlords.
Download our ‘Protecting renters affected by coronavirus’ factsheet here
The content of the article featured is for your general information and use only and is not intended to address your particular requirements. Articles should not be relied upon in their entirety and shall not be deemed to be, or constitute, advice. Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of the particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of any article. Thresholds, percentage rates and tax legislation may change in subsequent Finance Acts. Levels and bases of, and reliefs from, taxation are subject to change and their value depends on the individual circumstances of the investor. The value of your investments can go down as well as up and you may get back less than you invested. Past performance is not a reliable indicator of future results.
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