Victoria Carter Independent Financial Adviser

06/10/2020

In a speech to the virtual Conservative Party conference the Prime Minister said up to two million people who could afford repayments cannot currently do so due to the high cost of entry.

24/09/2020

Despite the recent u-turn in the UK Government advice on heading back to the office, it's pretty much business as usual at 2plan.

This is thanks to our streamlined and market leading IT systems, which our advisers love - especially now!

https://citywire.co.uk/new-model-adviser/news/government-u-turns-on-return-to-office-message/a1403673

22/05/2020

Borrowers still struggling as a result of the coronavirus pandemic could qualify for a three month extension to their mortgage payment holiday

02/04/2020

Coronavirus: Interest-free overdraft plan for struggling borrowers

The UK's finance watchdog plans to end a "banking lottery" for those affected by coronavirus.

21/03/2020

https://www.moneyadviceservice.org.uk/en/articles/interest-rates-explained

Everything you need to know about interest rates including how they work, what APR is, and the secrets of compound interest

21/03/2020

Government announces three-month mortgage holiday in Covid-19 package

You may be aware that on March 17, Chancellor Rishi Sunak confirmed that anyone struggling financially as a result of the Coronavirus outbreak will be able to take a three-month mortgage repayment holiday.
A number of lenders had already announced repayment holidays for those affected by Covid-19, but the Government's announcement means ALL lenders will now have to honour the three-month time frame.
A mortgage payment holiday is an agreement you will need make with your lender allowing you to temporarily stop or reduce your monthly mortgage repayments. Lenders have advised that anyone struggling with repayments should contact them directly. The repayment holiday will be available to borrowers who are up to date on their mortgage payments and not already in arrears. If you believe you will struggle to make repayments in the coming months, I would recommend you engage with your lender as soon as practical to agree the best way forward, which may or may not include a payment holiday.
Interest will accrue for the period of the holiday and payments missed will be added to the loan and repaid in the future - potentially over the remaining term of the loan. The credit reference agencies are engaged with the lenders and it is anticipated that borrowers’ credit files will not be negatively affected as a result of the three month payment suspension.

As your adviser I am here to help, so if you have any questions around either engaging your lender or more broadly around your protection policies or the wider impacts of the Coronavirus on your financial position please do get in touch.

12/03/2020

Read the full story here: https://www.linkedin.com/pulse/bank-england-slashes-interest-rates-025-chloe-b/

20/09/2019

Read more at: https://www.bbc.co.uk/news/business-49752883

03/09/2019

Read more at: https://www.bbc.co.uk/news/business-49562307

24/04/2019

Why an experiment in rural India may help us rekindle a savings habit, despite the squeeze in wages.