Although many people have considered stable work in a large company, think it is not usually stay until retirement under the same roof, as happened some years ago. Even in the most favorable, with permanent contracts and solvent companies must be prepared for dismissal, and think that is a step which we can all face. Of course, the more precarious is our employment status, most likely will leave the company.

All people feel bad to be fired on the one hand, it opens a horizon of economic uncertainty, with declines in income, and secondly, the dismissal may be a blow to our pride and our dignity. Therefore, it is very important to properly address the dismissal from the psychological point of view. It is normal that we are wrong, but we must be positive and start acting soon.
Planning our new financial situation

First, we must plan our new financial situation. If our revenues are diminished, we will establish a spending plan tailored to our new financial situation, giving priority to expenditure of importance.

While we find work, our income can come from two sources: first, whether the dismissal is considered unfair, ie, that does not serve any reasonable cause, the worker is entitled to compensation equivalent to his salary of 45 days per year worked with the limit of 42 months. Moreover, in case of not finding employment, is entitled to unemployment benefit, as quoted variable average over the last 180 days prior to unemployment.
Find a new job

Once we have taken our new situation, it will be time to take action. We will have to be positive and optimistic, and use all available tools to find a job that makes us happy: newspapers, Internet, contacts we have, and so on. We must prepare for interviews. It seems hopeless or despondent. We will be positive and be prepared to answer, for example, what caused the dismissal. We must show desire to return to work.

One possible option is to visit companies in the same sector they worked before. Our experience in this field will be a factor in our favor.

Another option is to use the dismissal for a change to our future work. We can choose another area we were working completely different but we like, we are able to work on it and think it has possibilities. Whenever there is a job we would have liked to do. If we have the skills and preparation needed, can be a time of change.

Another possibility is to spend the compensation money to start a journey in solitary. We start our business or work on our own, as self-employed, working on what we know or taking a business we’ve studied calmly and to consider viable. Severance pay may well become an opportunity for personal development and employment. We can find our economic stability and pursuing a profession or an activity that allows us to move forward.

In any case, it is recommended that we use the fact of being dismissed and we consider it primarily as a job change and not as a tragedy. And we try as far as possible that we develop the new activity is to our liking. Ensuring that the bitter throes of dismissal is an opportunity and know we can take to improve economically, but above all on a personal level. Changing jobs for the worse, can be very frustrating.

In recent years, the housing market in Spain has seen spectacular growth, both in terms of homes built from the data as selling new and used homes. This large increase was reflected in a large increase in the number of mortgage loans requested and granted. Credit institutions, and have seen their profit rates reflected significant growth.

But with the slowdown in sales due to economic uncertainty, the high housing prices and the oversupply of housing, there has also been a drop in the number of mortgage applications.

Banking institutions in order to achieve its objectives in terms of volume of loans, are forced to adopt new strategies to attract customers in a market where they are not as abundant. How? For taking away clients from competitors. If there are no new customers, because that will convince those who are already in the mortgage market for transferring their mortgage to our organization: it is what is called subrogation of mortgage.

This war between the entities to win customers, can be beneficial for consumers since the entities will offer more favorable terms for new mortgages which they had before. On the one hand, some banks offer commission-free mortgages (cancellation, subrogation, etc..), More favorable interest (from 0.20 to EURIBOR + EURIBOR + 0.35), including financial compensation that may be a percentage of total mortgage (1% – 2%) or a fixed amount (about 600 €). They also tend to offer the possibility of extending the repayment periods up to 35 or 40 years for monthly payments are lower.

Of course, that such generosity by the bank as payment on our affiliation must have their services counterparts. Nearly all organizations want to go on to become loyal customers and our products contracted relationship is not limited to the mortgage. Therefore, mortgage recruiting often will influence the simultaneous recruitment of life insurance and home associations, the domicile of our payroll, the clearance of a number of receipts, etc..
When I agree then take the step of changing my mortgage entity?

Clearly, as we always recommend, the main thing is to study carefully the multiple offers, come to many entities or information on the Internet. Then necessary to assess the options and decide upon several criteria:

1. first, to assess the total savings that we achieve over the life of the mortgage (provided that we maintain a period not greater than before).
2. also assess whether though not total cost savings, we can obtain longer periods for repayment at ease to go every month (if we have this problem, we should extend the repayment period, because it ends up paying considerably more).
3. weigh the cons, such as subrogation and cancellation fees, notarial costs of the new mortgage, or insurance already paid to the other entity that will be lost.

In summary

We can say that it is possible to save much money if we can find an attractive offer and we negotiate well, never forgetting that in this type of business entity exchange of mortgages, it is these that are very interested in having us as customers .

That force must know how to use it to obtain better conditions for our mortgage lending and reduce our expenses and future.

One option could be interesting negotiation would submit to the director of our agency a concrete offer and agreed with another entity better than we have now, for us to improve the conditions if you want to continue having us as customers.