With mortgage rates dropping and headlines buzzing, many homeowners and first-time buyers are excited about lower monthly repayments. But there’s more good news that’s flying under the radar, falling interest rates are also increasing how much some buyers can borrow....
First-time buyers searching for ways to get on the property ladder in 2025 have just received a welcome boost from NatWest. The high street bank has announced a series of major changes to its mortgage affordability rules, as well as the launch of a brand-new...
With over a decade of experience across retail and commercial banking, Isaac Kikabi made a strategic move into the mortgage sector three years ago, a transition driven by a deep personal interest in housing and its role in social and economic mobility. Now serving as...
In 2010, a new bank appeared on the UK high street. The first new high street bank in the UK in around 150 years in fact! With a big blue, white and red sign, people couldn't help but stop and see what the new 'Metro Bank' was all about. As you can probably guess,...
In this edition of advisor insights, senior mortgage and protection advisor at Oportfolio Mortgages Jade Pinkerton shares her thoughts about why self-employed people need mortgage advice now more than ever. Jade and the Oportfolio team attended the PRIMIS mortgage...
New Clydesdale Bank buy-to-let criteria changes have been announced this week. In a message to all subscribing brokers at the beginning of the week, the Scottish based bank announced that they would be making a major change to their buy-to-let criteria that would...
NatWest mortgages have announced that they will be increasing their overpayment allowance on their mortgage products, meaning that borrowers will have more of an opportunity to pay back their loan quicker and sooner without incurring any extra fees. Here is a...
Shocking research by mortgage lender Coventry Building Society has revealed that despite recent stamp duty cuts and changes to the rules, London based home purchasers are paying significantly more stamp duty than any other area of the country. So, what is stamp duty?...
2022, going in to 2023 has been an incredibly difficult time for many people. The current economic crisis that we find ourselves in has tightened a lot of people's purse strings, eaten up savings, and has unfortunately left many worse off than they were before. As a...
As we reach then end of the first week of March 2023, the mortgage market has already seen a lot of changes coming in from mortgage lenders. Not all of them positive! Unfortunately a few lenders have started to increase their mortgage rates again, despite reducing...
Statistics recorded and released by the Bank of England show that mortgage approvals on average have slumped and fallen for the fifth month in a row. This means that more mortgage applications, which would normally go through to offer smoothly, are being declined or...
Halifax bank and buy-to-let only lender BM solutions (Birmingham Midshires) have announced this morning that they have made some changes to their products, specifically around their completion dates on selected products and mortgage types. Here is a breakdown of what...
Historically, owning prime property in London has been a safe and savvy way to invest your money. People from across the globe have fought to own an exclusive piece of the capital. And it looked like this was going to continue forever. However, a disastrous turn of...
One of the most common questions and enquiries that we get, especially being based in London and working with highly skilled professionals on a regular basis, is the subject of how to get a mortgage as an independent contractor. Contractors are an essential part of...
Both Accord Mortgages and Coventry Building Society have sent out email notifications this morning to mortgage advisors, announcing that they are making some big reductions on their UK mortgage rates. These welcome changes come after a week of uncertainty as some...
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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