No one can have failed to notice the rise in house prices and the rush to buy property, particularly since the lockdown eased. Reports from the Royal Institution of Chartered Surveyors (RICS) tell us that the number of properties being put up for sale is not keeping...
As you will no doubt be aware, the recent pandemic has caused all sorts of disruption to our health care, family lives, and work lives. Fortunately, helps was made available by way of mortgage lenders allowing people to take an initial three month “holiday” from their payments.
Top tips for making sure your credit is where it should be When a lender decides whether to lend you the money you need, they will take into consideration lots of different bits of information about you when making their decision. We know they will look at your income...
So you’re thinking about buying to let. Or you may have already thought about it and have amassed a property empire. Whatever your situation is, we’ve put together a list of things you’ll need to consider when taking on your first or next investment property. How does...
One thing we have all agreed on here at My Simple Mortgage, is that in reality, a mortgage is a very simple thing. It is a loan, or a lump of money that someone lends to you to buy a home. And in return for that, you agree to pay back the money (plus a little extra by...
Most people consider remortgaging when their current fixed or variable rate with a lender has ended, and the want to explore what other deals are available on the market. And this is a good thing to do. Moving to a new lender to reduce your interest rate can save you...
When you take out a mortgage, the lender who gives you the money will want to know that they can get it back if you are unable to keep up on your repayments. They do this by putting what is called a “legal charge” over the property when you buy it. This means that if...
