Discover how Oportfolio Mortgages helped a London buyer secure a £1.4 million mortgage using multiple income streams including salary, bonus, and investment income.
Learn how high net worth individuals structure mortgages using bonus income, assets, private banking, and bespoke lending solutions.
Oportfolio Mortgages speaks with Beyant Khosti from TaxAssist Putney about self-employed mortgages, landlord taxation, financial preparation, and what buyers need to know before purchasing property in London.
Mark Gledhill - Oportfolio advice client since 2008 Mark and his wife came to Oportfolio for advice in 2008 as first-time buyers with a new baby and in need of some expert help and guidance. With Oportfolio’s advice and knowledge around the homebuying process, Mark...
In the financial services sector, there is one burning question on everybody’s lips, will the Bank of England raise interest rates? Its not entirely unbelievable that they wouldn’t but it seems that now with inflation rising to the highest levels in 10 years, the BOE need to do something calm the waters before things get out of hand.
Since the beginning of the pandemic in early 2020, a lot of mortgage lenders changed their stances on various parts of their criteria to both protect themselves from any potential negative effects of the lockdowns but also to help loyal existing mortgage customers who may find themselves struggling. Santander was one of these lenders.
TSB have just sent a message out to all brokers to say that they have increased their maximum Loan to Value (LTV) from 90% to 95% for self-employed and day rate contractor applicants meaning that potential new TSB clients could put down as little as 5% deposit on a new purchase.
The mortgage arm of Richard Branson’s Virgin Group conglomerate Virgin Money, have announced that they are taking the initiative to help the ever-growing number of buyers looking at purchasing under the shared ownership scheme.
According to financial information company Monefacts, 5% deposit mortgages are currently cheaper than they have ever been in the history of their recording. In rates terms, the average interest rate for a 95% mortgage on both a 2 year fixed period and a 5 year fixed period are at an all-time low.
The government has announced that this winter they will launch the all new ‘Help to Build’ scheme, available to people looking to get stuck in and build their own home.
Rental growth has increased exponentially in the past year, and we believe that now is a better time than any to consider purchasing or remortgaging a buy to let. MetroBank have today announced that they will be changing their BTL loan to values to 80%, up from their previous limit of 75%.
Starting from the 2nd of December, Nationwide building society have re-evaluated and revitalised their criteria for bonuses, commission, and overtime income on pay slips. The new changes to these things mean that more income will be considered when assessing a borrower’s affordability.
Is your Rightmove search page looking a bit slim? No, you haven’t accidentally put too many bedrooms in the search bar or chose the wrong property type, that is genuinely the number of homes on the market right now.
Niche lenders such as The Mortgage Lender and Foundation Home Loans are trying new affordability boundaries and products designed to help professionals, self-employed people and people with more complex income sources get a mortgage.
Our client was looking to buy his dream home. The estate agents advised that he would need to put forward a good offer to stand a chance of being considered by the seller. When the valuation came back the property was valued at £10,000 less than the agreed sale price meaning that the client would have to make up the difference himself. That’s where Oportfolio jumped in to help.
