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....
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...
In the British mortgage world, there are many different ways of getting finance on a property and many different ways of paying this money back to the lender. Sometimes the difference between each type of mortgage can be confusing, that’s where advice and guidance...
In just over five weeks, our senior mortgage and protection advisor Jade Pinkerton will be running the ASICS Central London 10K in aid of MacMillan Cancer Support. The run takes place across central London and goes through some of the most iconic and touristy areas of...
HSBC have announced that from today they will be making some big changes to their self-employed criteria. Seemingly jumping on the band wagon and following in similar footsteps as Santander last week. What are the changes to HSBC self-employed criteria? Like many...
Santander have announced today that they are launching new 95% mortgages outside of the governments mortgage guarantee scheme. On Wednesday the 1st of June Santander will be launching 95% loan to value (LTV) mortgages without the need for support from the Government’s...
Mortgage strategies’ annual awards ceremony took place last night at the prestigious JW Marriott Grosvenor House in Mayfair, London. Every year mortgage news outlet Mortgage Strategy hosts a black-tie dinner and awards ceremony to honour the leading individuals and...
You might have heard that term offset mortgage thrown about before on TV adverts, news articles, and in your local bank. But how much do you really know about offset mortgages? What are they and why would anyone choose to offset their mortgage? In this article we will...
As of tomorrow (Thursday the 26th of May) Santander have confirmed that they have now increased their maximum LTV (Loan to Value) for self-employed people from 75% i.e. 25% deposit, to 90% i.e. 10% deposit. This is fantastic news as Santander has held firm at only...
Key facts: Client lived in a house and rented it from the local council As part of the right to buy scheme, he wanted to purchase the property from the council at a discounted price. He approached his bank because he thought this would be the easiest option for him....
At Oportfolio, we are all big supporters of charity, and we try to help in any way we can with good causes in the local area and the country as a whole. This year we are starting an initiative to support a different charity every quarter to try and raise as much funds...
Mortgage rates can rise, that’s something everyone should be aware of. At some point rates must fluctuate as various economic factors change. Every so often they also decrease! But over the last few months we have began to see a bit of economic uncertainty and...
Mortgage lender Kent Reliance, part of the Once Savings Bank Group, has announced that they will now offer more residential mortgage products to help home buyers and remortgagers with complex income sources. Founded in 1898 as the Chatham & District Reliance...
What is the purpose of a mortgage? Is there a clear definition? Most people would define a mortgage as a loan provided by a bank, building society, or private finance company to purchase a property when immediate funds are not available. As a loan, this money will...
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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