Martin Lewis issues important refund update to Britain's holidaymakers

Birmingham Live. "My view is IF YOU NEED A PAYMENT HOLIDAY, DO IT, BUT ONLY IF NEEDED," he says."The reason it's not a 'grab it' is two-fold."First, because the holiday is just a deferment, you still have to pay what's missed, and the interest that's racked up, later."Plus, while it won't go on your credit file, as I revealed a month ago, payment holidays can affect credit scores as lenders use other methods to detect them."But if you're struggling to repay, and need cash flow, do it.

latest email to shoppers, the Money Saving Expert explained that the Passport Office has said that renewing is taking longer than the usual three weeks, reports the Mirror. Due to the pandemic, some people have reportedly waited as long as three months to receive a new passport - meaning many may be unable to go on holiday as restrictions are listed.A woman called Tracy emailed Martin to complain: "Been waiting 13wks.

Birmingham Live. He added: "And what that means is that you get your quote in the first year and it will be competitive."Then, if you do not change the year after that, they walk the price up slowly - maybe 25 per cent."More the year after, more the year after, a little bit more the year after."The golden rules when it comes to getting home insurance is NOT to auto renew.

mortgage payment holidays have been taken out by customers impacted financially by the Covid-19 pandemic. On top of this, trade association UK Finance members have offered 27 million interest-free overdraft buffers, provided 961,700 payment deferrals on credit cards and 688,900 payment deferrals on personal loans.

Mirror reports that one woman who spoke to Martin on This Morning said she had booked a September holiday with TUI and had an email from them cancelling it on the 13th May.

Ryanair is currently offering sunseekers discounts on 250,000 seats with prices starting from just £29.99. The budget airline is promoting the online event with the added incentive of 'no change fees' for customers during July and August 2020.

• TUI holidays travelling on or before June 30 2020• TUI River Cruises sailings travelling up until and including November 25 2020• TUI Lakes and Mountain holidays travelling up until and including September 30 2020• Marella Cruises sailings on or before July 30 2020 and all sailings detailed belowo  All sailings on Marella Celebrationo  Sailings on Marella Discovery 2 from Naples, Asia and the Middle East up to 30 April 2021o  Sailings on Marella Dream from Palma up to 4 May 2021o  Marella

Money Saving Expert has hit out at the ad and said he has had messages from 'upset friends' after seeing that once again, scammers are cashing in on his 'death'. One fan tweeted him the ad which showed a photo of him and a breaking news banner which says 'Farewell Martin Lewis - The UK is in shock.'Martin retweeted it and blasted the scam advert.

coronavirus continues to affect every household in Scotland. Thousands of people across the country have been dealt a financial blow and affected by the Covid-19 pandemic.

UK Government has confirmed that parents on statutory maternity and paternity leave who return to work after a long period of absence can be furloughed. The announcement means that staff who return from maternity and paternity leave after July 1 will be able to join the Coronavirus Job Retention Scheme if their employer is unable to take them back to work.

coronavirus pandemic, Martin Lewis has issued a new and updated list of ‘need-to-knows’ with invaluable advice for most households across the country. In the latest edition of his weekly newsletter, the founder of MoneySavingExpert.com offers guidance on furlough changes, redundancy rights, claiming the Self-Employed Income Support Scheme, booking bargain holidays and travel insurance plus credit card and loan repayments.

Coronavirus Job Rentention Scheme begins to be wound down, 'uncertainty' may lead to redundancy in the coming weeks or months.The furlough scheme, which has so far covered the wages of 8.4 million staff unable to work during lockdown at a cost of around £15 billion, is set to be changed in July after Chancellor Rishi Sunak confirmed it would be "wound down".Martin said on Monday's This Morning: "The scheme has indeed been extended until October, but while employees must still receive at least 80

money-saving expert covers it all.And while we usually hear him dishing out his advice, this weekend he opened up about his personal life on BBC Radio 4's Desert Island Discs.Speaking to the programmes host Lauren Laverne, Martin discussed the lovely reason he wanted to join ITV show This Morning as a money expert and the sudden, devastating loss of his mother when he was just 11-years-old.The financial journalist is often seen on ITV shows Good Morning Britain as well as This Morning and his

The UK Government is picking up the wage bills of 8.7 million furloughed workers, who are unable to do their jobs because of the coronavirus pandemic.