Simmonds Mortgages

Mortgage Brokers covering Berkshire and beyond

Call: 01344 225 149 or 07979 690 056

Housing Market Sees Steadying Demand

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Latest data on housing market activity indicates a rebound across the UK, with agreed sales up 4% since pre-lockdown levels in early March.

Driven by buyer demand and low availability of housing stock, cities in Northern England, including Leeds, Sheffield and Manchester, have seen the strongest growth in agreed sales, when compared to February 2020.

Buyer demand in May was 46% higher than in early March, when demand for housing fell by 70%. This resurgence can be explained by pent-up demand over the three months when the housing market was effectively put 'on pause'.

There remains a great deal of uncertainty as to how the housing market will fare over the remainder of 2020 and is obviously dependent on the wider economic picture. We aim to keep you updated on developments.

 

We can help you!

If you would like our expert advice and support with your mortgage, insurance or equity release needs, especially during the current climate, please get in touch by calling us on 01344 225 149 or 07979 690 056. Alternatively please send us an email at info@simmondsmortgage.co.uk

 

Your home may be repossessed if you do not keep up repayments on your mortgage

 

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Simmonds Mortgage Services is an appointed representative of Stonebridge Mortgage Solutions Ltd and can source the most appropriate cover from its panel of insurers with a free review of you overall protection and insurance needs. As with all insurance policies, conditions and exclusions will apply.

What our Customers Say...

Your home may be repossessed if you do not keep up repayments on your mortgage.

Simmonds Mortgage Services Ltd is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority.

Registered Office: Simmonds Mortgage Services Ltd, Lexham House, Forest Road, Binfield, Berkshire, RG42 4HP. Registered Company Number: 1152 8784 Registered in England & Wales.

There may be a fee for arranging a Mortgage and the precise amount will depend on your circumstances. This will typically be £399.00 paid once the mortgage offer has been confirmed.

There may be a fee for arranging an Equity Release or Lifetime Mortgage and the precise amount will depend on your circumstances. This will typically be £799.00 and is due on completion of the mortgage.

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