Is it possible to get a 5.5X income mortgage? That is a very common question that I am hearing more and more. Mainly because borrowing money is becoming more difficult. When I first started working in mortgages and property, there were plenty of purchase schemes...
HSBC mortgage rates have truly smashed their competition to smithereens by introducing a product with an interest rate as low as 3.81%. Although not currently the absolute lowest rate on the market, HSBC has beaten many other high street banks so far in the rate war...
In what is quickly becoming something like a UK mortgage rates price battle, lenders are firing rate reductions left, right, and centre. Paving the way for some very favourable mortgage opportunities for the remaining four months of 2024, leading into 2025. I have to...
In a new year message sent out to all registered mortgage brokers in the first week of January, Santander gave a round-up of how they have supported brokers and borrowers with their mortgage applications in 2022. Last year was a difficult year in the UK for many...
Now that we are into our first week of 2023, lenders, estate agents, solicitors, mortgage brokers and other property professionals are starting to release data that they have collected throughout the year. 2022 was a very challenging year for property...in fact, the...
Owning a property outright with no mortgage is a dream for a lot of people. Most people who buy property in the UK, for residential purposes or for investment purposes such as buy-to-lets, will need to take out a mortgage loan. With the average price of a property in...
In a time where doom and gloom dominates the headlines and all anyone seems to want to talk about is how badly damaged the UK economy is, this update from HMRC this week almost made me quite literally jump for joy. You would have to be living under a rock to not know...
This week it was announced by the UK government that the 95% mortgage guarantee scheme would continue to be rolled our for a further 12-months after a successful 20 month run since April 2021 and helping an estimated 24,000 low deposit buyers to secure a mortgage....
Today is the first blog in our new series 'Broker Says'. In this blog our senior mortgage and protection advisor Jade Pinkerton discusses the topic "Are you unsure what to do with your mortgage?". Millions of people across the country are mortgage owners and that...
A new 95% mortgage scheme for new build homes has been announced. The scheme will be a collaboration between Country Durham based intermediary The Darlington Building Society and Own New and will focus on helping new build buyers purchase with as little at 5% deposit...
The UK government have announced that the armed forces help to buy scheme will be made a permanent fixture in the UK property purchase market after 8 successful years. The scheme, which was introduced in 2014, was initially going to be a 3 year pilot scheme. But as...
And so 2022 has come to an end. This year has been an incredibly tough year for many people. The UK has seen a financial crisis and a cost of living crisis, not experienced for years, and even the more financially stable people have had to look at their finances to...
In November 2022, British TV presenter and personality Jonnie Irwin revealed to the world that he had sadly been diagnosed with terminal lung cancer. Jonnie had been a staple of British television for the last 18 years, most famously as the host of Channel 4's A Place...
This month Oportfolio Mortgages spoke to Jessica Parkinson, founder & managing director of Rose Capital Property Consultancy. Rose Capital Property Consultancy is an independent high-end London property consultancy that operates across all areas of residential...
Through our website and through google, we often find people asking questions like "How does a bridge loan work?", "What is bridging finance?", "How much is a bridging loan?" and "Where can I get a bridge loan?". For anyone looking for temporary short-term lending,...
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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