Mortgage Payments: Borrowers who have been impacted by coronavirus and have not yet had a mortgage payment holiday will be entitled to a six month holiday, and those that have already started a mortgage payment holiday will be able to top up to six months without this being recorded on their credit file. Job Retention … Continue reading
This is a new 6-month scheme available from 1 November 2020 to 30 April 2020 to protect jobs in businesses that are adversely affected by coronavirus. If employees have to work less than their usual hours, the government will contribute a third, capped at £697.92, towards the pay of the unworked hours. NOTE: The government … Continue reading