Personal Sick Pay – Return To Offering Day 1 and 1 Week Defer periods for Self Employed

Some providers are to re-commence offering defer period options of 1 day and 1 week, for self-employed clients applying for cover through their Personal Sick Pay Policy.

Most providers had imposed restrictions and limitations to their cover in response to the pandemic last year, one of these measures being the removal of the very shortest defer periods on Personal Sick Pay for self-employed clients. This move therefore sees them return to their pre-Covid stance, though an automatic Covid exclusion does still apply.

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Lenders Reducing Mortgage Rates

Mortgage Rate Reductions – the market is volatile at present, and some lenders are adjusting their rates downwards.. Some are increasing cashback on Remortgage incentives.

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The guidance provided within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE