Mortgage break and other financial supports

These are un-precedented times, we hope the following is useful. Take care, this event will pass.

Some areas of financial planning and financial advice that may be important to you or other family members/friends right now may include;

Mortgage payment breaks – if you are financially affected by the current pandemic you may be able to apply for a payment break up to three months on your mortgage. This is available to both personal and business customers and can be followed by ongoing reviews depending on the scale and extent of the situation.

For more information please click on the following link https://www.bpfi.ie/key-topics/banking-payments-industry-covid-19-support-faqs/.

Mortgages

In the event that you are are facing disruption as a result of the spread of the COVID-19 Virus, be it work related or illness related please find a list of the lenders dedicated lines for support.

Our advice is to engage with your lender as quickly as possible and establish your options.

Finance Ireland               1890 995 998

PTSB                                  0818 855010

Haven                                1850 654 329 or 01 665 8082

KBC                                    1850 930235

Ulster Bank                      1800 435763

EBS                                     1850 330044

AIB                                     1890 252008BOI                                     01 6113333

Dilosk/ICS                         1890 542542

COVID-19 Pandemic Unemployment Payment

Employees/Self-employed who have lost their job due to the COVID-19 (Coronavirus) pandemic will be entitled to claim an increased benefit - If you are employer talk to your Accountant about the COVID-19 Wage Subsidy Scheme immediately.

Childcare sector support – the government have agreed funding for the childcare sector in turn for them agreeing not to charge parents to hold their child(s) place during the pandemic.

Want to know more? We are available to discuss your options, and we look forward to hearing from you.

Our job is to help you choose a product and structure that will help you meet your goals.

telephone | 091441188 and/or email | office@nelsonlife.ie

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