Victory! The Treasury will now allow aspiring first-time buyers to tap into their Lifetime Isas without penalty – just days after we raised concerns On Tuesday, we reported young savers would be penalised The DWP expects people to use Lifetime Isa cash before they can get benefits But the Treasury did not adjust the 25% … Read more
Thousands of aspiring first-time home buyers who run into financial trouble due to the coronavirus pandemic could have to pay the Government hundreds of pounds to access house deposits before they are eligible for benefits. The Department for Work and Pensions says Lifetime Isa savings are included in the means test for Universal Credit, but … Read more
The Treasury is finally set to extend its package of coronavirus rescue loans today, which will come as a relief for hundreds of businesses that had fallen through the cracks. Firms which make more than £45m were denied access to the Coronavirus Business Interruption Loan Scheme (CBILS) launched last month. Help was on offer to … Read more
Airline and holiday company easyJet has secured a £600 million loan from the Treasury and the Bank of England’s coronavirus fund. It comes after its founder warned that the budget airline will ‘run out of money by around August’, as he urged directors to scrap a multi-billion pound deal with Airbus to avoid taking tax-payer … Read more
If you’re trying to move house and are unsure how the Government’s announcement will affect you, removal quote provider Reallymoving has put together the following advice: Securing a mortgage · Be prepared to provide evidence of job security, something banks will be checking even more closely than usual. · With surveyors currently unable to carry … Read more