A new-build shared ownership property can be a great option to when looking to take the first steps on the home ownership ladder. House prices are going up, and in many cases it can be quite difficult for first time buyers to firstly save enough money for a deposit,...
This week, our mortgage advisors at Oportfolio Mortgages had the privilege of welcoming Christina Smith, business development manager for TSB mortgages into our London based mortgage brokerage. As part of our ongoing commitment to building close relationships with...
As 2024 starts to draw to a close and we enter the final three months of the year, there has been some promising and positive signs for UK property owners regarding UK house prices. Over the last…well…couple of years, really, UK house prices are increased generally....
Key facts: Our client was a first time buyer looking to find a property in his budget and wouldn't use up his entire life savings. He had been looking around for a property but wasn't having much luck Coincidentally, his parents were also looking to sell a rental...
In 2020, the entire world was caught completely off guard by the emergence of the COVID-19 pandemic. The unprecedented nature of the pandemic left millions of people scared for their health, worried about the impact of the pandemic on their income, apprehensive about engaging with others, and most of all in the dark about what was going to happen next.
Money information website Moneyfacts have revealed new data that shows 2 and 5-year mortgage product rates have increased in the sharpest month-on-month spike since 2007. Meaning that mortgages are getting more expensive and people who don't act now, may end up paying...
In the midst of rising mortgage interest rates, Coventry Building Society have announced that they are REDUCING their Buy-To-Let mortgage rates through their intermediary platform. The mortgage broker only arm of Coventry building society are reducing buy-to-let...
In July 2022, Oportfolio’s senior mortgage and protection advisor Jade Pinkerton will be running a gruelling 10K for a great cause. The run will push her to her limits and considering she hasn’t run regularly in 10 years; she’ll be the first to admit that she is a bit nervous!
Key facts: Client looking to purchase a second home to use with family during summer holidays Property was 3 hours’ drive away Due to the rising cost of living, mortgage underwriters applied inflated and extra costs to the mortgage affordability. Because of these...
Struggling to get enough mortgage borrowing because of your age? 35-year mortgage term still too expensive per month for your budget? Would you consider taking 50-year cross-generation mortgages if it meant that you could get the perfect house? All it would mean is...
In recently release figures, the Bank of England has announced that net mortgage borrowing increased by 76% in May 2022. What does this actually mean? Is it a positive sign or a false flag? According to the BOE, Net mortgage borrowing on houses purchased to live in...
Who Are Oportfolio Mortgage Brokers? We are Oportfolio, a specialist broker providing professional advice and guidance on all types of mortgage and personal protection insurance products. We offer you tailored advice to support you wherever you are in your life...
Halifax have sensationally announced today that they are lowering their minimum required deposit on new build properties from 10% to 5% throwing thousands of first-time buyers a lifeline. Changing their criteria to offer 5% deposit mortgages in the face of rising...
Intermediary accessible only lender Accord Mortgages have today announced that they are offering new discounted SVR mortgage products (Standard Variable Rate) across buy-to-let and residential mortgages. The lender, which is owned by Yorkshire Building Society, only...
Southwest London really is perfect. We aren’t just saying this because our office is based in Putney and we’ve been based in southwest London for over 10 years, oh no. Living in Putney or the surrounding area is like getting the best of both worlds. You get to live in...
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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