Recently, celebrity finance expert Martin Lewis was plastered all over social media because of some controversial comments he made about mortgage rates. On television and on various media platforms, he said that some people are holding off arranging their mortgage or...
UK foreign national mortgage lending has just gone through a big change, and this change comes at the hands of mortgage lender Santander. Historically being a foreign national and getting a mortgage in the UK has sometimes been a tricky feat due to things like right...
A new Barclays mortgage product at 3.71% has been announced this week, becoming the latest in quite a few recent announcements from big UK mortgage lenders who are all dropping their rates below 4%. In recent weeks there has been a mortgage 'rate war' or sorts which...
The role of a mortgage advisor is to help you and guide you in finding the best, most affordable and manageable mortgage deal for your circumstances. For those people who decide to arrange their mortgage on their own, this can sometimes backfire and you may end up...
The UK is currently in, or if not yet very close to a recession after months of shrinking economy and general economic struggles due to various factors. We are all holding our breath and hoping that the measures being put into place by the BOE and the government will...
Mortgage lending is set to fall to levels not seen since before the pandemic of 2020, according to some experts. 2022 has been, to put it lightly, a disastrous year for mortgages and a difficult year for personal finances in general. The country are still in the dark...
In a move to help mortgage borrowers to cope with their payments during the ongoing financial crisis that the UK finds themselves in, ministers in the government have called for mortgage lenders to be more understanding and accommodating to those struggling. Lenders...
When my parents bought their first house in their early twenties, they paid around £40,000 and had a very affordable £400 a month 20 year mortgage. The interest rate was 11% at the time....but that is a different lesson from the history books! The average UK salary at...
The biggest news on the property market front is that house prices have dropped in the biggest reduction since the UK financial crisis kicked off. Halifax bank, which regularly releases a house price index, have announced that the average house price has dropped by...
Buy-to-let mortgage lender TMW have announced that they are making changes to their mortgage affordability stress test. But this time, it looks like they are going to be making it easier for borrowers. A great sign that the buy-to-let mortgage market will hopefully be...
Finishing Touch When Oportfolio moved from Fulham back to Putney in 2020, we decided to invest in the decor of our offices. We wanted to create a welcoming environment for our clients and staff. We commissioned an interior designer to advise us on the floor plan,...
Last week, Senior mortgage and protection advisor Jade Pinkerton and Administration manager She-rel Edwards from Oportfolio mortgages joined an exclusive group of mortgage and protection professionals at the PRIMIS mortgage network leading ladies' event in Birmingham....
Twenty7tec has long been a part of the mortgage and protection industry, researching, recording, and offering free of charge statistics and information about finance and financial institutions for borrowers and brokers alike. Regularly they carry out their own...
The Help to Buy scheme was a scheme introduced by the UK government in 2013 as a means of boosting the new build property market and to give more people the chance to purchase their dream home. The scheme ran successfully from 2013 until the end of this year when it...
When someone is diagnosed with a serious illness like cancer, there are a multitude of questions that swirl around people's heads. Am I going to be ok? Will I get better? Will my family be ok? Will I be able to keep earning an income? How will this impact my quality...
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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