If you’re looking to borrow a significant amount, you may be wondering: “How do I get a large mortgage in the UK?” Large mortgages, typically £500k and above, often require a more specialist approach than standard lending. In this guide, we’ll cover: How to get a...
Recently, Oportfolio Mortgages spoke to chartered surveyor James Brook FRICS, co-founder of Novello Surveyors. Novello is a RICS chartered surveying firm covering locations across London, the home counties, and Yorkshire. In a sometimes difficult to navigate property...
In simple terms, most lenders will offer between 4.5x and 5.5x your income, meaning borrowing potential could range from £450,000 to £550,000, depending on your circumstances. However, if you’re a professional earning £100k+, the real answer is more nuanced,...
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...
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,...
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.