The loss of a job is a major event. Also in a financial sense. Although many employees are entitled to unemployment benefits, the financial loss is often considerable. This can mean that your net mortgage costs will increase. It is therefore important to map out your new financial situation quickly.
You may be able to compensate your loss of income with severance or transition pay. Many employees who are fired through no fault of their own are entitled to this. Some people have taken out rent subsidy insurance that pays out if their income falls due to unemployment. If you have a mortgage with a National Mortgage Guarantee (NHG), you can apply for the NHG Housing Expenses Facility (WLF) in the event of unemployment.
Are you threatening to become unemployed and do you have questions about your mortgage? Are you temporarily unable to pay your mortgage because you are unemployed? Then please contact us. We will look for a solution together.