All the latest breaking UK mortgage and protection news, updated daily by industry experts.
Today, BM Solutions (part of Lloyds Banking Group) has announced significant changes to their buy-to-let (BTL) and let-to-buy (LTB) mortgage criteria. From tomorrow (Friday the 29th of November) landlords will have greater borrowing flexibility, providing them with...
In a potential sign of a bit of market stability, Barclays and Bank of Ireland have both announced significant reductions in their fixed mortgage rates, a few weeks after the UK Government unveiled its latest budget. This comes after a turbulent few months and lets be...
Landlords and property investors have seemingly received a bit of a boost this morning as BM Solutions (Birmingham Midshires) announced an increase in their maximum loan-to-value (LTV) for buy-to-let mortgages to 80%. From tomorrow, you will be able to get a 20%...
In a perhaps unsurprising turn of events, Co-operative Bank has announced the temporary withdrawal of the majority of its fixed-rate mortgage products for new business. This move comes after the bank experienced an overwhelming surge in demand, prompting concerns over...
Today Santander has announced a ground breaking reduction in interest rates, with selected residential new business and product transfer 60% Loan-to-Value (LTV) 5-year fixed rates dropping below the 4% mark. A sub 4% mortgage offering has not been seen for many months...
In a positive development for potential homebuyers, Barclays has just announced substantial reductions in mortgage interest rates across its Residential Purchase range. The news, delivered in a communication to brokers at Oportfolio Mortgages this morning, reveals...
When it comes to personal insurance, the foundation of a robust and reliable coverage plan always lies in the accuracy of the information provided during the application stage. Whether you're applying for life insurance or critical illness insurance or any other kind...
Accord Mortgages and Bank of Ireland have today announced some significant changes to their mortgage product ranges, impacting both Buy to Let and Residential offerings. The alterations are set to take effect on Tuesday the 9th of January 2024, with each lender...
In the latest Halifax House Price Index report for December 2023, UK house prices have experienced a third consecutive monthly rise, but experts caution a potential downturn in 2024. December UK House Price Surge According to the Halifax House Price Index, the average...
TSB has just announced substantial changes to mortgage rates set to take effect on Friday the 5th of January 2024. The news comes as a welcome development for prospective homeowners and existing borrowers looking to secure a more favourable deal this year, in what...
In another move that is sure to delight homeowners and potential buyers alike, HSBC has unveiled a series of reductions to its mortgage product rates, effective from Thursday the 4th of January 2024. The adjustments span across various residential and buy-to-let (BTL)...
This morning Halifax has unveiled significant changes to its mortgage product range, leaving homebuyers and homeowners alike with plenty to celebrate as they step into the new year. The alterations, spanning Homebuyer, Remortgage, Product Transfer, and Further Advance...
As 2023 draws to a close, it's time to reflect on the past year's trends in the mortgage market and look ahead to what 2024 may hold. In a message to Oportfolio Mortgages brokers, Mike Hardy of The Equity Release Experts offers a promising outlook for the coming year,...
In a noteworthy trend, our advisors at Oportfolio Mortgages have seen a significant increase in client requests for mortgages aligned with ethical banking practices. This shift reflects a growing awareness among consumers about the impact of their financial decisions...
Merry Christmas and a happy and prosperous new year from everyone here at Oportfolio! As we bid farewell to 2023, it's time to reflect on the tumultuous yet transformative year that unfolded in the mortgage market. From soaring highs to challenging lows, the industry...
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