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Latest Industry News

Keep up to date with everything that could affect your mortgage or application

What is a “desktop valuation”?

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 Payment Holidays

COVID-19 Payment Holidays

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...

Buy To Let – Getting Started

Buy To Let – Getting Started

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...

How easy is it to get your first mortgage?

How easy is it to get your first mortgage?

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...

Main reasons that  people remortgage

Main reasons that people remortgage

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...

Mortgage Protection – Staying Safe

Mortgage Protection – Staying Safe

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...