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Keep up to date with everything that could affect your mortgage or application
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...
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...
Property Search Overseas Has Seen A Spike Since Lockdown
2020 has seen many of us cancel our overseas holiday due to the pandemic. However, evidence suggests that more of us are browsing the property market overseas and dreaming of a trip aboard or even considering relocation. According to the property portal, Rightmove;...
COVID-19 – Do I really need a bigger deposit?
As a result of the recent pandemic, lots of lenders have made changes to the products (range of loan types and interest rates) available. The biggest change you may have seen is the removal, or reduction in the number of mortgages available to people with only a 5% or...
When your current deal ends… Product Transfer Vs Remortgage
So, your current mortgage fixed rate is coming to an end, and you’ve had either a phone call from your adviser or a letter from your bank telling you this. So what next? Why does it matter, and what can you do about it? Well, you ultimately have two options. The first...
What is a “desktop valuation”?
As the name suggests, a desktop valuation is one that is done at a desk, rather than someone going to physically view the property. It is done using information publicly available online, as well as existing data the surveyor may have about the area or house itself in...
COVID-19 – Can I remortgage while self-isolating?
COVID-19 - Can I remortgage while self-isolating? There could be many reasons why you need to remortgage, and whilst the current crisis is taking place, lots of people have been giving some thought to how they might reduce their monthly outgoings – a key factor in...