First Time Buyers

When it comes to securing a mortgage for your dream home, one of the crucial decisions you’ll face is choosing between a long-term and a short-term mortgage. 

Each option has its own set of advantages and drawbacks, and the decision you make can significantly impact your financial stability in the long run. 

In this blog post, Thameside Mortgages delves into the pros and cons of both long-term and short-term mortgages to help you make an informed decision based on your financial goals and circumstances.

Key points that this blog will cover include;-

• Longer-Term Mortgages: The Benefits
• Shorter-Term Mortgages: The Advantages
• Choosing the Right Mortgage for You

To arrange your without-charge consultation right away with Thameside Mortgages, call us today at 0345 512 0125 or use our online contact form.

Securing a mortgage is a significant milestone on the path to homeownership, and for the self-employed, the journey can be uniquely challenging. 

Traditional employment provides a steady income stream and clear documentation, but entrepreneurs, freelancers, and business owners often face hurdles when applying for a mortgage. 

Fortunately, Thameside Mortgages have successfully helped hundreds of self-employed buyers to obtain first-time mortgages and home-mover mortgages.

In this blog post, Thameside Mortgages explores the intricacies of applying for a mortgage when you’re self-employed, offering insights and tips to help you navigate the process with confidence. 

Key points include;-

• Understanding the documentation challenges
• Demonstrating stable income
• Build a strong credit profile
• Save for a larger deposit
• Seek professional advice (call Thameside Mortgages!)

To arrange your without-charge consultation right away with Thameside Mortgages, call us today at 0345 512 0125 or use our online contact form.

Mortgages are a significant financial commitment for most people, and protecting you, your family, and your lifestyle is crucial. Mortgage protection is a form of insurance designed to safeguard your home and your family’s financial well-being in the event of unforeseen circumstances.

To arrange your without-charge consultation right away, call us today at 0345 512 0125 or use our online contact form.

In this blog, we’ll explore seven compelling reasons why mortgage protection is paramount.

Key benefits and reasons will include;-

• Financial security for your loved ones
• Preventing repossession
• Coverage for critical illness
• Easy application process

Investing in a Buy-to-Let (BTL) property can be a lucrative way to generate a steady income and build wealth over time. However, before you dive into the world of BTL mortgages, it’s essential to be aware of some common mistakes that can hinder your success. To help you make informed decisions, we’ll discuss six common mistakes to avoid when applying for a BTL mortgage.

Key mistakes that we’ll discuss in this blog post cover;-

• Neglecting marketing research
• Underestimating costs
• Ignoring the importance of credit
• Failing to seek professional advice
• Overleveraging
• Neglecting property due diligence 

To arrange your without-charge consultation right away, call us today at 0345 512 0125 or use our online contact form.

Remortgaging is a financial term that involves switching your existing mortgage to a new one, often with a different lender or on renewed terms with your existing lender. People choose to remortgage for various reasons, such as securing a better interest rate, releasing equity on their property, or consolidating debt.

In this blog, we’ll explore several ways to help you improve your approval chances when remortgaging.

If you would like to speak to an experienced and helpful team about your remortgaging situation, please see our contact details at the bottom of this article.

Key points covered to improve remortgaging approval chances include;-

• Assess Credit Score
• Understand Your Finances
• Reduce Debt
• Gather Documentation
• Choose The Right Lender
• Demonstrate Stable Employment

Obtaining a mortgage can be both a stressful and extremely rewarding process. In order to get there, you must adhere to a set of processes and steps that can be assisted in a couple of ways including using online mortgage tools, or using a mortgage broker.

But, is one way better than the other?

This blog will look at the pros and cons of both sides and offer some guidance on how these factors may affect your overall buying experience.

If by the end of this article you still have questions or would generally like to know some more information about mortgages, we’d love to assist you here at Thameside Mortgages.

Thameside Mortgages, a well-trusted mortgage broker covering Kent, Bedfordshire and the surrounding areas, is proud to introduce a new initiative aimed at assisting clients whose mortgages are set to end within the next six months – the Remortgage Tracker Service.

This exclusive service reaffirms the company’s commitment to delivering exceptional customer care and ensuring that clients continue to receive the best mortgage deals available in the market.

Understanding the importance of timely and beneficial financial advice, Thameside Mortgages is pleased to offer its valued clients an opportunity to secure a new mortgage deal six months before their existing mortgage term expires.

By taking proactive measures, clients can avoid potential uncertainties and leverage favourable market conditions.

If you are a first-time buyer in Kent, Bedfordshire or the surrounding areas and are looking to maximise your chances of mortgage approval, then this latest blog post has been created just for you. 

It’s no secret that the process of securing your first mortgage can be daunting. However, with the help of your local and trusted mortgage broker it can be simplified.

We hope the SIX top tips below will help you as a first-time-buyer. 

At Thameside Mortgages, we always recommend being proactive before you start your mortgage application in order to give you the best possible chance of first-time approval.

By implementing the below suggestions, you can significantly increase the probability of stepping onto the property ladder sooner rather than later.

• Build A Strong Credit Profile
• Save for a Larger Deposit
• Manage Your Debt-to-Income Ratio
• Maintain Stable Income
• Seek Mortgage Advice
• Stay Within Your Means