Redundacy

Ceato001

Hi, I suddenly been made redundant and will only get one months money. What help can I get with my mortgage. 
Gary. 

poppy12345

You won't receive any help with your mortgage. To receive help in a loan for mortgage interest you need to be claiming universal credit for 9 months with zero earnings. Did you take out any insurance for this sort of thing? If you didn't then you need to speak to your mortgage lender.

In the meantime if you don't have savings/capital of more than £16,000 then look at claiming Universal Credit. Use a benefits calculator to check entitlement before you claim. A claim for UC will end any tax credits you may already be claiming.

Jeremy535897

Ceato001 said:

Hi, I suddenly been made redundant and will only get one months money. What help can I get with my mortgage. 
Gary. 

If you are not insured for loss of income, apply for a 3 month mortgage break.

Grumpy_chap

Ceato001 said:

Hi, I suddenly been made redundant and will only get one months money. What help can I get with my mortgage. 
Gary. 

I assume the 1 months' money is in lieu of notice.  Are you also receiving a redundancy payment?

Ceato001

Hi yes one mont lieu of notice. No insurance I was told my job was very safe for the future. I m  not sure how I can miss 9 payments before I get help. I need to talk to Natwest.