THE coronavirus pandemic has forced the Government into introducing a number of economic measures, like a mortgage holiday, to help ease the financial strain COVID-19 is having on businesses and individuals. Can you take a mortgage holiday? Can you put mortgage payments on hold? Daily Express :: Finance Feed
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Martin Lewis explains ways to help manage mortgage payments during coronavirus pandemic
MARTIN LEWIS appeared on This Morning yesterday, with the Money Saving Expert founder sharing his expertise amid the coronavirus pandemic. What did he have to say with regards to mortgage repayments? Daily Express :: Finance Feed
Read More »Universal Credit: The budget made these changes to advance payments because of coronavirus
UNIVERSAL Credit has a system in place to give first time claimants an advance if they struggle financially while waiting for their first official payment. This advance is a loan from the government and as such has stringent rules attached to it. However, the recent budget revealed that some of these rules will be relaxed in light of the coronavirus ...
Read More »Universal Credit: You can earn and save this much before payments are reduced
UNIVERSAL Credit and other benefit payments can be affected by the amount of money the claimant has in savings. The Money Advice Service detail that ‘savings’ can constitute such things as cash held in savings accounts or property which is not the main home. Daily Express :: Finance Feed
Read More »Child Benefit: Why you might NOT want to get the money – and how to stop payments
CHILD benefit has other perks associated with it other than the actual payment. Parents are encouraged to apply for child benefit even if they have no intention of utilising the payments. However, there are some instances where a parent or career may want to completely opt out. Daily Express :: Finance Feed
Read More »The freeze on Personal Independence Payments ends in April – what are the new rates?
PERSONAL Independence Payment is a benefit provided by the government which is given to support people with some of the extra costs associated with long term ill-health or disability. PIP, along with several other benefit payments, has been frozen since 2016. However, the freeze is now coming to an end meaning claimants of this benefit could expect higher payments from ...
Read More »Universal Credit: BBC documentary shows how bad things can get with advanced payments
UNIVERSAL CREDIT was placed back under the spotlight as the final episode of the BBC2 special: “Universal Credit: Inside the Welfare State” aired. Among the various topics on the episode, the problems associated with advance payments was put front and centre. Daily Express :: Finance Feed
Read More »Universal Credit payments could be stopped if you don’t do this one thing straight away
UNIVERSAL CREDIT is a payment which a person may be able to claim in order to help with their living costs. Under this new benefits system, a payment may be stopped or reduced if a person fails to report a change of circumstances – what are they? Daily Express :: Finance Feed
Read More »Universal Credit: What is a ‘claimant commitment’ and how can it affect payments?
UNIVERSAL CREDIT is a very tailored system for those who use it. Generally, what is offered is dependant on the claimants specific circumstances. These circumstances and other details are covered in what is known as a claimant commitment. This document is essentially a contract that an applicant must adhere to, if not payments could be reduced or cancelled. Daily Express ...
Read More »Universal Credit warning: Your payments could be stopped if you don’t do this one thing
UNIVERSAL CREDIT in the UK is a payment to help out Britons with living costs. It can be claimed if someone is on a low income or out of work. However, universal credit payments could be stopped if you don’t do this one thing. Daily Express :: Finance Feed
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