Planning

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.