All the latest breaking UK mortgage and protection news, updated daily by industry experts.
A new-build shared ownership property can be a great option to when looking to take the first steps on the home ownership ladder. House prices are going up, and in many cases it can be quite difficult for first time buyers to firstly save enough money for a deposit,...
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...
House prices in the United Kingdom experienced their most substantial annual decline in 14 years, with the average property value falling by £14,000 over the past year, according to a report released by the Halifax. The data, which was compiled until the end of August...
In the ever-changing landscape of the mortgage and housing market, staying informed about economic trends and policy shifts is crucial for prospective homebuyers, homeowners, and industry professionals such as ourselves at Oportfolio Mortgages. The Mortgage Lender...
In a move that could impact landlords and property investors across the UK, BM Solutions (also known as Birmingham Midshires) has today announced significant changes to its buy-to-let stress rates, set to take effect on Thursday the 7th of September 2023. These...
As summer draws to a close in the UK, there's good news on the horizon for prospective homebuyers, property investors, and those looking to restructure their existing mortgages. Several major UK mortgage lenders have announced rate reductions and new competitive...
In a move that is set to benefit landlords and property investors across the UK, NatWest has recently unveiled some reductions in their Buy-to-Let stress rate tests. The adjustments, which come into effect immediately, reflect NatWest's commitment to supporting the...
In a recent move that is set to simplify the mortgage application process for non-UK nationals, NatWest has unveiled a new policy change concerning the use of share codes in conjunction with passports. This new change to NatWest's criteria opens up new possibilities...
In an effort to adapt to the ever changing UK mortgage market, Virgin Money, the banking arm of Richard Branson's Virgin Group, is set to launch a series of new mortgage products today (23rd of August 2023). These offerings cater to a range of borrowers, from...
Leeds Building Society, a prominent name in the mortgage industry, has recently announced a move to reduce mortgage rates for certain products, aiming to provide enhanced financial benefits to potential homebuyers and homeowners. The institution's decision to adjust...
In a significant development for the mortgage market, HSBC has revealed upcoming changes to its mortgage product ranges that are set to take effect from this Wednesday, the 23rd of August 2023. These updates will impact both residential borrowers and Buy-to-Let (BTL)...
London homeowners are facing a mounting financial challenge as new analysis by City Hall reveals that a significant portion, one third to be exact, feel that they are at risk of struggling to meet their mortgage payments over the next six months. This distressing...
Several months ago, we reported that Skipton Building Society, a prominent name in the mortgage market, were launching 100% mortgages to new borrowers. Essentially allowing borrowers to get a mortgage on a property without putting down the normal minimum 5% deposit....
In a pretty daunting announcement for the UK mortgage market, data from the CACI Mortgage Market Database revealed that a staggering £111 billion worth of residential mortgages and £15.8 billion of Buy-to-Let mortgages are set to mature before the end of the year....
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.
Join our mailing list and receive a link to our latest ebook, Understanding a Volatile Mortgage Market. 23 pages of practical insights to navigate the unpredictable mortgage landscape.