Boris Johnson promises ‘Generation Buy’
Boris Johnson promises ‘Generation Buy’ scheme with low deposit mortgages Millions of people hoping to get onto the housing ladder in the UK may be buying a house quicker than they expect as the Prime Minister announces a brand new scheme. Boris Johnson...
Financial Help Beyond October 31st
The FCA proposes an extension on financial support, to those affected by Coronavirus, beyond 31st October. The proposal outlines the support firms would be expected to provide credit card and other personal loan customers who are coming to the end of a payment freeze....
Is it getting harder to get a mortgage?
You may have heard in the press lately that getting a mortgage is either very difficult or impossible. And if you’ve heard these stories, you may have also read that lenders are pulling away from wanting to lend to people because of a fear of house prices falling. All...
Why we don’t sell Life Insurance
At My Simple Mortgage, the experts you speak to are called Mortgage & Protection Advisers. And whilst the mortgage part is pretty obvious, it might not be so clear what we mean by protection. So we wanted to explain why it’s in the job title, why it’s so...
Why now is a good time to buy a house
While hardly a surprise given the lockdown caused by the pandemic, Halifax confirmed at the beginning of July, that overall, house prices had fallen four months in a row. This was the first time house prices had shown a decline since 2010. Summer is usually a quiet...
Trusted Advice
Back in “the day” when you wanted a mortgage, you would put on your best outfit, and arrange a meeting with the bank or building society manager to ask for the money to buy your house. If you were charming, polite, and he was feeling generous, you would walk out proud...
Applying for a mortgage after furlough
The government’s furlough scheme was monumental not only in its size and scale, but also had ripples throughout every industry that deals with income and employment. The mortgage market is no different, and it is not hard to see why. One of the largest, if not THE...
Remortgaging to save money – consolidating all your other debts
You may have seen adverts on your social media pages lately from companies advertising ways you can reduce your outgoings and save money each month by consolidating all your other debts into your mortgage. But what does this mean, and how does it work? Well, simply...