Simmonds Mortgages

Mortgage Brokers covering Berkshire and beyond

Call: 01344 225 149 or 07979 690 056

Mortgage approvals hit 13 year high

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In August, mortgage approvals soared to 84,700, a sharp increase on July's figure of 66,300 and the highest monthly figure since October 2007.

The surge in approvals can be attributed to several factors, including record low interest rates and the government's temporary Stamp Duty holiday.

Despite a weak economic backdrop, experts say changes in people's behaviour working habits and aspirations as a result of the pandemic have led to increased demand. Longer term expectations suggest the Stamp Duty holiday will keep the market buoyant throughout Q1 2021, although recovery into Q2 and beyond will largely depend on the wider economic picture.

 

 

We can help you find the mortgage that is most suitable for you!

If you would like more information or help with mortgae or financial 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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