Sep 12 2019
Losing your income can cause major financial upset. However, there are policies which are designed to protect your income in such situation, giving you peace of mind. Income protection If you were to become unable to work due to an accident or illness, these policies are designed to replace a proportion of your income. There are also policies available that will cover you, it you are made redundant although these will cost more. Long-term income protection will cover you until you reach retirement, while shorter-term income protection policies are cheaper and will only pay out for a set period of...Apr 07 2021
One applicant was employed and the other was a self-employed newly qualified dentist. The self-employed applicant did not meet traditional self-employment criteria of standard 2 years track record or a contractor’s criteria as terms of the employment were based on a unique UDA contract with no previous experience of working a contract of this value. Prior to receiving this full contract, the client only had a training contract and no tax returns to evidence income received. We managed to get the intermediary arm of a major high street lender to approve lending in principle based on the value of the...