All the latest breaking UK mortgage and protection news, updated daily by industry experts.
As head of content and marketing here at Oportfolio Mortgages, my job is to keep you, our clients, up to date and informed about the latest market news and trends. I am pleased to report to you in this article some interesting new data released by HMRC around property...
Recent research from Octane Capital has revealed a promising forecast for mortgage rates in the UK. The study, which analysed average swap rates over 30 and 60-day periods, indicates that swap rates have started to decline. This shift could herald a significant...
Nationwide Building Society has announced a significant reduction in its mortgage rates, with the lowest rate now dipping below 4%. The mutual lender has reduced prices by up to 0.25% across its two-, three-, and five-year fixed-rate products, making it the first...
Nationwide are lifting mortgage rates for new and existing clients across their product range as of today (10th of June) meaning repayments will go up! The building society have specifically said: Nationwide Mortgage Rate Changes For New Mortgages: The changes that...
According to recently released information from finance comparison website Moneyfacts, fee-free mortgage products have been increasing in the market over the last year. Lenders who still charge fees have also been reducing their fee amount too. Typically, a lot of...
HSBC have announced that from today they will be making some big changes to their self-employed criteria. Seemingly jumping on the band wagon and following in similar footsteps as Santander last week. What are the changes to HSBC self-employed criteria? Like many...
Santander have announced today that they are launching new 95% mortgages outside of the governments mortgage guarantee scheme. On Wednesday the 1st of June Santander will be launching 95% loan to value (LTV) mortgages without the need for support from the Government’s...
Mortgage strategies’ annual awards ceremony took place last night at the prestigious JW Marriott Grosvenor House in Mayfair, London. Every year mortgage news outlet Mortgage Strategy hosts a black-tie dinner and awards ceremony to honour the leading individuals and...
As of tomorrow (Thursday the 26th of May) Santander have confirmed that they have now increased their maximum LTV (Loan to Value) for self-employed people from 75% i.e. 25% deposit, to 90% i.e. 10% deposit. This is fantastic news as Santander has held firm at only...
Mortgage rates can rise, that’s something everyone should be aware of. At some point rates must fluctuate as various economic factors change. Every so often they also decrease! But over the last few months we have began to see a bit of economic uncertainty and...
Mortgage lender Kent Reliance, part of the Once Savings Bank Group, has announced that they will now offer more residential mortgage products to help home buyers and remortgagers with complex income sources. Founded in 1898 as the Chatham & District Reliance...
We all know that rent in London can cost you a small (or large) fortune depending on the area you live in, and Southerners in general are relentlessly berated by anyone north of Luton for the laughable cost of living they put up with. And it seems that Londoners...
The country’s capital has always been a desired place to live. With limitless career potential, unbeatable leisure activities, and unique experiences like no where else, London is the place to be. But living in such a desirable places often comes at a cost and...
Latest news coming out of the Bank of England says that they are raising the BoE base rate to 1% from the previous 0.75% which was only introduced in March 2022. Despite issuing warnings of a possible incoming recession and despite pressure from government officials,...
The office on national statistics (ONS) have recently released a report that claims that a town’s proximity to London is one of the top 3 factors that affect a property’s value. The data presented by the ONS and recorded in 2019 found that towns within 200km of London...
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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