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Embarking on a DIY project? Check your home insurance
Posted by Tony on Wednesday 15th of July 2020
Embarking on a DIY project? Check your home insurance
The weather is improving, you may have some extra time on your hands and judging by the queues outside hardware stores, people are seizing the opportunity to get some home improvement jobs underway, particularly with more Britons than ever working from home. Between February and March 2020, Google searches for ‘DIY’ increased by 9% year-on-year, with searches for ‘home improvement’ also growing by 12%.
Not to dampen your DIY gusto, but before you embark on a new project at home, remem...
Summer Statement Summary
Posted by Tony on Thursday 9th of July 2020
In March, Rishi Sunak unveiled “one of the largest and most comprehensive economic responses in the world” to protect the UK’s population against the impact of coronavirus. The £160bn plan, the Chancellor said, was just the first stage of the government’s response to the pandemic. Four months later, on 8 July, the Chancellor stepped up once again to reveal the second phase, “a plan for jobs”.
In his speech, Mr Sunak did not shy away from the “profound economic challenges” facing the nation. He revealed that, in just two months, the economy ...
It's good to talk
Posted by Tony on Wednesday 6th of May 2020
While, for many, discussions about money can be extremely uncomfortable, experts have long stressed the best approach to financial issues is invariably to talk about them. Indeed, perceived wisdom suggests the more open and honest people are about money, the better their life and relationships tend to be.
Finance: the last taboo
There’s a wide variety of reasons why people don’t like to discuss their finances. In some cases, money is simply viewed as a vulgar subject to talk about, while many individuals lack financial confidence and therefo...
Coronavirus Bounce Back Loans Scheme (CBBLS)
Posted by Tony on Monday 4th of May 2020
Today, the Government’s new Coronavirus Bounce Back Loan Scheme launches in response to feedback that the Coronavirus Business Interruption Loan Scheme was less accessible for small businesses than the Government had intended.
The key features of the new “Bounce Back Loans” are as follows:
- 100% underwritten by the Government
- Interest-free for 12 months
- A low rate of interest of 2.5% thereafter
- Simplified application process with minimal underwriting
- Loans of between £2,000 and £50,000, up to a maximum of 25% of turnover
- 6 year term ...
Government Financial Support Packages through Covid-19
Posted by Tony on Wednesday 1st of April 2020
Please find the following documents now available for download via PDF by clicking the links below the line. Please do not hesitate to contact us during this difficult time.
Best wishes,
Kingsland Financial
- Coronavirus Business Interruption Loan Scheme April 2020 v2.pdf
- Regulatory support for individuals with consumer credit April 2020.pdf
- Self-employment Income Support Scheme April 2020 v2.pdf
- Self-employed - UK Government financial support packages April 2020 v2.pdf
- Coronavirus Job Retention Scheme April 2020 v5.pdf
- UK Gove...
