If you’ve suffered a sudden loss of income, such as being made redundant or a bereavement, we’re sorry to hear it. But we’re here to try and help you minimise the impact.

Help planning for a reduction in income

What to do if you’re made redundant
Knowing all the facts will help you plan ahead. You’ll want to find out about:
- Possible repayment holidays on mortgages and loans
- Whether your employer will help you find work/retrain/give your reference
- How long you can use work equipment (eg car or phone)
- What happens to your pension

Check your finances
Use this income and expenditure form to check your money ins and outs to see where you can make savings.
Also look at these sites for any benefits or credits you can claim.

Loss of income due to bereavement
Once you’ve let us know about the bereavement, we can advise on your options. Please talk to us if you’re worried about their debt or keeping up payments:
You may also want to talk to a trusted independent service, such as Citizen’s Advice.
Ask us for help
Call us to discuss how we can help. Please have your account numbers and a completed income and expenditure form to hand and allow around an hour for us to talk about your options.

Useful resources

Start budgeting with MoneyHelper
Money Helper offers a free budget planner that can help you get your finances in order and plan for the future.

Check your benefits wth StepChange
Many people in the UK don’t claim the benefits and tax credits they could. Use this checker to see what you’re entitled to.

Citizens Advice
You may want to talk to a trusted independent service. Citizens Advice can help you understand your position and what support is available to you.

National Debtline
National Debtline is an independent debt advice charity. If you’re struggling or worried about debt, they can help.