Today, The Mortgage Works (TMW) Nationwide Building Society’s buy-to-let lending only arm released their energy efficiency report for the private buy-to-let rental sector. The latest report from The Mortgage Works explores the energy efficiency of the UK's private...
A couple of weeks ago, our team at Oportfolio Mortgages had the pleasure of welcoming Abi Muazu, business development manager for Barclays mortgages into our Putney mortgage brokerage. As part of our ongoing commitment to building close relationships with mortgage...
Halifax announced yesterday an increase in interest rates across its 2-year and 5-year fixed mortgage products. Borrowers will see rate hikes ranging between 0.11% and 0.24%, effective immediately. The changes come as part of a broader shift in mortgage pricing, with...
Coventry for Intermediaries, the mortgage intermediary specific arm of Coventry Building Society, has today revealed its plans to reduce all residential fixed rates and expand its product range to provide better support to clients and their mortgage brokers. The move...
Today the Bank of England announced another increase in its base rate. This time by 0.25%, meaning that the base interest rate now stands at 5.25% as of the 3rd of August 2023. The decision came as the UK economy begins to demonstrate some growth and inflation drops...
Accord mortgages is set to introduce changes to its buy-to-let mortgage products on Friday the 4th of August 2023. The upcoming update includes adjustments to both fixed rates and new products to enhance their offerings to people looking for buy-to-let financing...
In a bid to offer more financial flexibility and security to homeowners, TSB has announced the launch of their new 3-Year Fixed Product Transfer rates. Available from Thursday the 3rd of August 2023, these mortgage products are set to cater to various Loan to Value...
NatWest, one of the leading mortgage lenders in the UK, has announced today significant changes to their new and existing mortgage product ranges. The changes to mortgage products, which will come into effect from August 2nd 2023, offer a mix of rate decreases and new...
In an effort to provide some financial relief to borrowers, Virgin Money has announced a significant reduction in their mortgage rates on selected remortgage and purchase products. The rate cuts will be in effect starting from today, Tuesday the 1st of August 2023,...
According to an announcement sent out to all brokers this morning, Halifax is set to make a significant change to its lending policy from Tuesday the 1st of August 2023. The bank will be increasing its maximum working age for mortgage applications, allowing customers...
Effective from 28th July 2023, NatWest, one of the UK's leading mortgage lenders, is introducing new enhancements to its' valuation process to facilitate borrowing against properties in England constructed using cladding. These revisions aim to streamline the mortgage...
In the midst of the ongoing mortgage crisis and economic crisis in general, experts and policymakers are turning their attention to new solutions to alleviate the burden put on homeowners and hopefully revive the housing market. One potential measure gaining traction...
Good news for prospective home buyers! Barclays, one of the big six of UK's leading mortgage providers, has announced a substantial reduction in mortgage rates for home buyers, hopefully making homeownership more affordable and accessible moving forward. The move...
Last week it was announced, to much joy and relief, that inflation in the UK had fallen to a level below what was initially predicted. The Bank of England are currently aiming for an inflation rate of 2%. Despite drastic measures being taken with interest rate rises,...
In a move that may impact both new and existing borrowers, Santander for intermediaries has recently made adjustments to its mortgage rates and products. The high street bank's broker-only arm has raised selected residential and landlord rates, prompting reactions...
If you have any questions about UK mortgage news or anything you’ve read then please get in touch. We’d love to hear from you.
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