All the latest breaking UK mortgage and protection news, updated daily by industry experts.
Virgin Money has today announced the release of its latest mortgage offering, the Fix and Switch product, extending its range of mortgage solutions to not only residential purchasers, but also seasoned buy-to-let landlords. The new product, which has most recently...
Some newly released information today is sure to send ripples through the housing market, mortgage lenders Accord Mortgages and NatWest have both announced significant rate increases, dashing the hopes of many borrowers and mortgage brokers who were anticipating a...
Barclays bank has announced significant changes to its mortgage criteria, impacting new-build house purchases, minimum UK residency requirements, and the minimum age for Buy-To-Let applications. Let’s explore what these new changes are, why they are so significant,...
Guardian Financial Services announced a significant reduction in premiums for its Income Protection policies on Friday. The decision, follows a thorough assessment of market dynamics and aims to ensure Guardian remains at the forefront of providing accessible and...
First-time buyer (FTB) mortgages in the UK are experiencing notable shifts, with recent data from TSB shedding light on some new emerging trends. According to TSB's latest findings, the average first-time buyer mortgage term reached 32 years in 2023, marking a steady...
To streamline and enhance its lending practices, Accord Mortgages has announced significant updates to its Part and Part mortgage criteria. These new criteria changes apply to borrowers looking at Part and Part mortgage loans who intend to sell the property at the end...
We've just received an important update from NatWest regarding changes to their mortgage offerings for existing customers looking at switcher products. At the end of 2023 and in the first few weeks and months of 2024, lenders had been reducing rates like they were...
Happy International Women’s Day! Our team at Oportfolio is a mostly female run outfit, and they are the best in the industry! Our Senior Mortgage and Protection Adviser Jade Pinkerton has put together some quick finance tips for women when looking at personal...
Skipton Building Society has relaunched a popular mortgage product, the 'Track Record Mortgage'. Originally aimed at first-time potential borrowers looking for a low house deposit loan, Skipton has today announced that the product will now extend to both renting...
Santander has recently announced a significant expansion of its mortgage offerings, particularly targeting first-time buyers and those looking to invest in new build properties. On the 1st of March 2024, the bank unveiled a range of New Build 3-year fixed rate...
Nationwide Building Society has recently announced a significant enhancement to its remortgage options, offering homeowners greater flexibility and accessibility in refinancing their properties. The building society has raised the maximum loan-to-value (LTV) ratios...
In a recent analysis by Mortgage Broker Tools (MBT) in collaboration with Pepper Money, disheartening statistics have emerged for first-time buyers in the UK. The data reveals a stark reality: the number of affordable options for first-time buyers plummeted by 40% in...
HSBC has announced adjustments to its residential and Buy to Let (BTL) mortgage product ranges effective from Friday the 23rd of February 2024. The changes, spanning different loan-to-value (LTV) ratios and fixed-rate terms, signal a trend of increasing rates among...
Coventry Building Society has recently announced changes to its mortgage rates, affecting both new and existing borrowers across various categories. In a communication sent out to Oportfolio mortgages today, Coventry have announced several rate increases. Here's a...
UK headline CPI inflation has maintained its position at 4%, in line with December's figures, defying expectations for a rise to 4.2% according to many economists. The January 2024 data released by the Office for National Statistics (ONS) indicates a monthly price...
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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