Make your redundancy earn its keep

The word redundancy can strike fear into many people’s hearts.  Whilst for some it’s a blessing – giving them a chance to start over with their career or move to another part of the country – for others it can be a time when their confidence is crushed and their life seems to stand still.

If you have been made redundant because your employer has reduced their workforce then you will be entitled to redundancy pay, which will be calculated according to the years you have worked for your employer.  The maximum number of years on which redundancy pay can be calculated is 20 and these must have been in ‘continuous service’.  However, if your employer has offered you an alternative job that you have declined, you may not be entitled to any redundancy pay at all.  If you have any doubt about your rights or what you are entitled to, contact a solicitor who specialises in employment law.  It is worth paying out a little money at this stage to ensure you get what you should from your ex employer.

The positive response

Redundancy may have given you the opportunity to do something completely different; perhaps fulfil a dream you’ve always hankered after, such as that move to the wilds of Scotland where you can start your bed and breakfast!  If your plans involve selling your home Property Rescue can help.  They will buy property nationwide no matter what the condition of the property or the location, allowing you to get on with your exciting new plans.

The negative response

If redundancy spells gloom then don’t despair.  Property Rescue can help you sell your home and raise cash to keep you going until you can find another job.  You may wish to downsize or to stay in your existing home as a tenant.  The sell and rent back scheme will give you the option of buying back your home at a future date when hopefully you will be on a more financially stable footing.

No matter where you live, Property Rescue buy homes nationwide.  Contact them today – your call is free, in complete confidence and without any obligation.

 

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