All the latest breaking UK mortgage and protection news, updated daily by industry experts.
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%...
According to the recently released Barclays Property Insights report, UK rental and mortgage payments have surged to their highest level in over a year, with an increase of 6.4% in October 2024. This marks the steepest growth in housing costs since September 2023, yet...
As the summer sun continues to shine upon the United Kingdom (Just kidding!), the mortgage market has seen subtle movements in average mortgage rates during the last week of December 2023. According to the latest data released by Uswitch.com, a leading comparison...
In a significant development announced today, Virgin Money has adjusted its lending criteria, paving the way for potential homebuyers to secure larger mortgages and enjoy extended terms. As exclusive mortgage brokers and as part of the PRIMIS mortgage network,...
This morning Nationwide Building Society has announced that they will be introducing changes to their UK mortgage visa requirements. From today they will be making a reduction in the minimum visa validity period required for mortgage applications. The change,...
This morning another lifeline was thrown to the UK new build market. A market that has certainly felt the strain of the cost of the struggling economy over the last year. In an email to brokers across the country this morning, Skipton Building Society has announced...
Three major UK mortgage lenders—Barclays, TSB, and Accord—have announced significant reductions in their mortgage rates today. These changes come as part of their ongoing efforts to provide competitive and attractive financing options in a housing market that has...
“Time to remortgage” can be a scary thing for any homeowner to hear. But why? It should be quite straight forward. Right? In this day and age, it's not uncommon for people to seek a variety of opinions, especially when considering a remortgage. Recently, we had the...
In an era where securing personal insurance is crucial, being with the right protection advisor is a must. At Oportfolio, we ensure that our clients not only obtain the right coverage but also enjoy added perks that might otherwise go unnoticed if secured online or...
Several years ago, Oportfolio Mortgages became part of the PRIMIS mortgage network. As an appointed representative of PRIMIS, that means that our brokers and administrators at Oportfolio have access to an abundance of support and unparalleled access to exclusive...
In a move that has captured the attention of mortgage brokers, estate agents, prospective homebuyers, and industry experts alike, Nationwide, one of the UK's leading mortgage lenders, has announced a significant reduction in its residential mortgage rates. Starting...
In a communication to all subscribing mortgage brokers, TSB has recently announced some pretty substantial cuts to their mortgage interest rates across various parts of their residential mortgage product range. These reductions extend to both shared ownership and...
Accord Mortgages has announced a significant reduction in rates across its Buy-to-Let New Business product range. The adjustments, set to take effect on Friday the 10th of November 2023, come in response to the volatile mortgage market conditions in the UK, with...
In a recent economic update sent out to mortgage brokers, The Mortgage Lender (TML) painted a sobering picture of the current economic landscape, highlighting several challenges that are impacting the mortgage market and the broader economy. As part of the PRIMIS...
If you have any questions about UK mortgage news or or anything you’ve read then please get in touch. We’d love to hear from you.
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