How could Coronavirus affect your finances?

Is Coronavirus affecting your finances

As you are no doubt aware, the Coronavirus (COVID-19) pandemic has caused disruption across the nation. Given the changing circumstances, now might be the best time to conduct a full financial review. If you’d like to discuss your individual financial situation please contact us.

Mortgage Payment Holidays

On Tuesday the government announced that mortgage lenders will support customers who are experiencing issues with their finances as a result of Coronavirus (COVID-19) and the options include a mortgage payment holiday of up to three months. Your individual circumstances will need to be discussed directly with us. It is worth considering that you may already have an existing mortgage payment holiday policy in place. If you’d like any further guidance about what this could mean for you, please contact us for more information.

Keep yourself protected

With many facing financial insecurity there can be a temptation to cancel insurance policies without first considering the implications. Make sure you assess your existing cover before cancelling any policies.

Income Protection

Protecting your income may be at the forefront of your mind, so if you have questions about an existing policy, or are looking to enquire about a new policy, contact us today to discuss your options. Currently a lot of providers are looking at their new policy terms and conditions so it’s important to speak to us so we can guide you through the different options available at this time.

Business as usual

We’re committed to providing you with the usual professional level of service throughout the disruption caused by the Coronavirus (COVID-19) outbreak. The use of technology has enabled us to operate a ‘business as usual’ policy, continuing to advise you on your financial needs.

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