Simmonds Mortgages

Mortgage Brokers covering Berkshire and beyond

Call: 01344 225 149 or 07979 690 056

Is a cashless society inevitable?

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With retailers and eateries increasingly refusing to accept coins and banknotes in the fight against Coronavirus, has 2020 finally sounded the death knell for cash?

The pandemic is just the latest event to have contributed to the decline of cash in recent years. The introduction of online banking, ATM closures and the rise of contactless payment have all played their part.

However, statistics show that lockdown has certainly accelerated this trend. The contactless limit was recently increased to £45, with Mastercard reporting that 66% of UK transactions are now contactless.

While the increase of technology in our everyday transactions has been welcomed by some, the reality is that many people still rely on cash, with Age UK suggesting that it's still a necessity for 25 million of us.

 

Let us help!

We can also help your home purchase get underway by helping you to find the most suitable mortgage for your needs and circumstances and give you our expert advice on your financial concerns.

If you would like more information or help with your mortgage and protection concerns please call 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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