First-time buyers looking to get onto the property ladder with a minimal deposit have received a major boost, as Accord Mortgages has expanded its £5K Deposit Mortgage proposition to include flats. This enhancement makes it even easier for buyers to secure a home with...
A new study from specialist lender The Mortgage Lender (TML) has revealed that nearly four-fifths (79%) of non-traditional workers, including freelancers, self-employed individuals, and gig economy workers, have homeownership aspirations. Despite the rather tricky...
This morning, Accord Mortgages has announced rate cuts across both its residential and buy-to-let (BTL) mortgage products. The reductions, which take effect immediately, will likely improve affordability for a range of buyers, from first-time homeowners to seasoned...
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,...
In this market update, mortgage experts from Oportfolio mortgages in London will go through the current best residential mortgage rates on the market. Rates change all the time, so these rate may have changed by the time that you are reading this. These products and...
The office of national statistics or ONS have announced that UK inflation has seemingly dropped in November. A great sign that the measures brought in by the Bank of England in recent months are hopefully starting to work. Inflation is the general rise of prices and...
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...
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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