All the money help you can get in lockdown, according to Martin Lewis

Money Saving Expert Martin Lewis has listed all the financial support people across the Uk can claim as national lockdown’s continue.

Martin set out the support now available on his Martin Lewis Money Show on ITV on Thursday night, the day the furlough scheme was extended.

Thursday also saw Chancellor rishi Sunak extend support for the self-employed.

Martin said: “Today, furlough’s been extended and self-employment grants increased,” reports The Mirror.

He added: “The big announcement today – furlough has been extended until the end of March.”

That means your boss can put you on furlough – either part time or full time – and the Government will cover 80% of your normal earnings for the hours you don’t work.

The scheme is available across the UK, Martin said, and added: “Anyone can be furloughed.”

That means you can be placed on furlough even if you haven’t been before, and even if you are on a zero-hours contract.

“Furlough is totally your employer’s choice,” Martin said.

If you’e been made redundant recently, rehire and furlough is also allowed if your boss agrees – as long as you were on payroll between March 23 and September 23.


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Martin said the self-employed income support payment has been massively increased recently.

“When it was first announced it was 20%,” Martin said.

Then it was doubled to 40%, then 55% earlier this week and now and they’ve upped it to 80% until March.

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That means the new grant is now worth up to £7,500.

“Applications on the 30th of November – it should be there in time for Christmas,” Martin said.

But he had bad news for people who had missed out before.

“You’re still excluded – not my choice,” Martin said.

There’s also no cover for limited company directors – but if you pay yourself an income via PAYE you should be able to furlough yourself, Martin added.

Martin then moved on to the help that’s available from banks and other finance providers – rather than the Government.

First – automatic six-month holidays from mortgages for people affected by coronavirus should be available next week if they’re not already.

He pointed out that interest is still added, so you will see repayments rise after.

“My rule with mortgage payment holidays – take one if needed, but only if needed,” Martin said.


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It’s also 6 months in total for the whole pandemic, so if you’ve used up that time already you won’t qualify.

If you’ve used up your had 6 months already, then you’re entitled to tailored support instead – which could see payments reduced, interest waived or mortgage terms extended – but this will appear on your credit file.

Card, loan and car finance holidays are also likely to return next week, Martin added.

But overdrafts aren’t covered like last time – with “tailored support” again being brought in.

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Finally, Martin rounded up other support available.

He pointed out the Universal Credit minimum income floor exemption has been extended until next April, helping out people who are self-employed.

Bounce back loans for businesses have also had their rules changed letting people top up to the maximum allowed if they’ve not already taken it.

Bailiffs have been asked not evict people again during lockdown too.

But there were also changes from the last lockdown.

Martin pointed out MoTs haven’t been extended this time, that you are allowed to move house and tradespeople are allowed to visit your home.