Covid-19 Updates

Office Status: We have now implemented our business continuity plan with remote solutions in place whilst the Head Office is closed. All staff are continuing to work and our services will remain unaffected. We will continue to send out regular communications to the network.

Here is some general guidance that has been published, that may be helpful:

Government advice: https://www.gov.uk/coronavirus

FCA Information for Consumers: https://www.fca.org.uk/consumers/coronavirus-covid-19

FCA Information for Firms: https://www.fca.org.uk/firms/information-firms-coronavirus-covid-19-response

Lender Updates: https://www.legalandgeneral.com/adviser/mortgage-club/news-and-insight/corona-update/

Mortgage Payment Holidays:
The Chancellor recently promised to implement payment holidays of up to three months for those who are struggling to pay their mortgage and this is now being implemented by mortgage lenders. The mortgage payment holiday will provide flexibility in repaying your mortgage by allowing you to stop or reduce your monthly payments for up to three months. This won’t be suitable for everyone but could provide much needed help if you need it, but this won’t be free money. Clients should speak to their Mortgage Adviser about the suitability of this option and how to apply.

Ban on evictions & additional protections for renters during crisis: https://www.gov.uk/government/news/complete-ban-on-evictions-and-additional-protection-for-renters

Information on scams linked to crisis:
There may be an increase in scams during the crisis. We encourage extra vigilance at this time and further information can be found via the following links.
https://www.bbc.co.uk/news/uk-51964507
https://www.which.co.uk/news/2020/03/coronavirus-scam-lookout-for-fake-lockdown-fine-texts/

A guide about guarding mental health during the COVID-19 pandemic:
https://www.rehab4addiction.co.uk/coronavirus/mental-health-coronavirus