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...
All the latest breaking UK mortgage and protection news, updated daily by industry experts.
Accord And NatWest Mortgage Rates Rise
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 Mortgage Changes for New-Builds, Residency, and Buy-To-Let Applications
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 Barclays mortgage changes are, why they are...
Sub 5% Mortgage Rates From Accord, TSB, and Barclays
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...
Navigating the Remortgage Maze: A Trustworthy Approach
“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...
Clients Get Cashback Bonus With Oportfolio’s Protection Policies
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...
Oportfolio Has Access to Virgin Money Exclusive Mortgage Products
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...
Nationwide Offers Residential Mortgage Rates Below 4.5%
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...
TSB Announces Significant Rate Cuts to Bolster Homeownership
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 Announces Reduction in Buy-to-Let Rates
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...
The Mortgage Lender Economic Update
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...
Skipton Increases Mortgage Rates While Others Lower Them
This week, we have witnessed a fascinating shift in the mortgage market, with Skipton increasing its rates for certain borrowers while other major lenders, including Halifax, Coventry, HSBC, and Virgin Money, are reducing rates for various mortgage products. Why have...
Is There a UK Mortgage Crisis?
The UK is on the brink of experiencing the slowest two-year mortgage growth in a decade, that is according to a recent report by Ernst & Young Item Club. High-interest rates and restrained economic expansion are expected to dampen the enthusiasm of prospective...
NatWest Buy-to-Let Stress Rates Slashed
Mortgage lender NatWest (one of the big six lenders in the UK) has announced significant cuts to landlord stress rates and reduced buy-to-let and residential mortgage rates, offering new competitive options for new and existing borrowers. In a move that is sure to...
Barclays Announces Improved Loan-to-Income Multiples
Before their recent shift from a hard to a soft credit footprint before the submission of mortgage applications, Barclays is introducing two significant enhancements to their loan-to-income (LTI) policy. These changes, set to take effect from Thursday the 26th of...
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