Bills are set to skyrocket for swathes of the country as part of so-called “awful” April.Bills are set to skyrocket for swathes of the country as part of so-called “awful” April.
Santander, NatWest and HSBC UK customers are waking up to important letters over the incoming April price hikes. Bills are set to skyrocket for swathes of the country as part of so-called “awful” April.
Tom Snodgrass, the head of business management, financial support for Santander UK, said: “We are committed to helping our customers through more challenging times.”
Mr Snodgrass says the bank “would urge anyone who is feeling under pressure ahead of the upcoming April price increases – whether that be with their water bills, energy bills, or everyday finances – to talk to us as soon as possible so we can discuss the best solutions.”
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HSBC went on and added: “We know that finances continue to be squeezed by higher household bills, everyday costs and many people are feeling the pinch. HSBC UK has a programme in place for proactively reviewing where hardship might be on the horizon and helping prevent customers from falling into financial difficulty but we strongly encourage customers not to wait until they are in financial difficulty before seeking help.
“The earlier they can engage with us the better.” NatWest advises: “Sometimes, it helps to speak to an expert. A video chat with one of our friendly senior personal bankers could help you review your money situation.”
NatWest has registered an 80% jump in people using the round-up savings feature on its app last month, compared with January – where each transaction is rounded up to the nearest pound and moved into a savings account.
The bank has also put in place extra measures to help customers in financial difficulty. Customers can decide to freeze interest on forbearance measures, which are put in place for struggling borrowers.
And the bank says it can stop fees for customers that are being supported by its financial health teams.