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...
Fantastic news for people looking for a buy to let, buying at auction or, purchasing a property that might need a little TLC.
A new report from Nationwide has confirmed everything Oportfolio have been seeing anecdotally in the last few weeks- namely, that the demand for property is far outweighing current supply. This is making for a highly competitive market, especially in the City of London and the surrounding areas.
BTL properties need to achieve a good energy efficiency rating for lenders
This weekend many lenders reduced their interest rates. This is not just in relation to those with large deposits but for a huge range of products and clients.
When looking to purchase a property one of the main questions people have is ‘how much deposit do I need?’. This does of course vary depending on what you are trying to achieve but it certainly has been a ‘hot topic’ since the new budget was announced this year with the mention of only a 5% deposit requirement for residential purchases. But all is not as simple as it seems.
Santander for Intermediaries is offering some of the most generous income multiples and the cheapest mortgage rates across the market.
NatWest has made a number of changes across its range, cutting some rates but increasing cashback and fees. At NatWest a number of first-time buyer products with no fee are being replaced with deals that have a lower rate and higher cashback but also come with a fee.
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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