Low deposit mortgage deals fall amid pandemic

Low deposit mortgage deals have decreased in the past six months, as lenders tighten their criteria in response to the COVID-19 pandemic. According to research conducted by financial data site Moneyfacts, borrowers with a 10% deposit had a choice of 779 mortgage deals...

HMRC updates SEISS repayment guidelines

HMRC has published guidance detailing the process to take if you have incorrectly applied and received a grant through the government's self-employment income support scheme (SEISS). If a person has been paid a grant by the UK Government, which they were not entitled...

£2 billion kickstart scheme launched

A new scheme to help young people into work amid the COVID-19 pandemic has been launched by the Government today (2 September). Businesses will be able to sign up to be a part of the “landmark” £2 billion kickstart scheme, and receive funding to create new job...

FCA proposes next stage of mortgage support

The Financial Conduct Authority (FCA) has announced new proposals to ensure that firms provide "tailored support" to mortgage borrowers who continue to face payment difficulties due to the COVID-19 crisis. The draft guidance proposes that firms should consider a range...