All the latest breaking UK mortgage and protection news, updated daily by industry experts.
HSBC has announced a huge increase in mortgage rates across nearly all of their lending categories including residential and Buy-to-Let mortgages. It is quite clear that this rate rise from HSBC (one of the UK’s big six lenders) will negatively impact a lot of...
Almost certainly in response to the recent base rate reduction by the Bank of England, Leeds Building Society has announced updates to its mortgage products. Although not one of the typical big six lenders of the UK, Leeds’s new mortgage products definitely offer some...
NatWest has announced this morning that they will be simplifying their criteria for using earned rental income for a mortgage application, for residential purposes. Most mortgage lenders will use earned income from employment and self employment as a means to...
In a move reflective of the broader market trends, Barclays Bank has announced significant reductions in mortgage interest rates on a selection of their residential purchase and remortgage products, today. The rate cuts, ranging up to 0.50% across the residential...
In an exciting development for property investors, The Mortgage Works (TMW) has announced a significant reduction in interest rates across its New Business product ranges, effective from Saturday the 20th of January 2024. The move is set to benefit buy-to-let...
When it comes to securing the best mortgage rates, timing is everything. At Oportfolio Mortgages, our commitment to providing you with the most competitive rates goes beyond what traditional brokers or price comparison sites can offer. As proud members of the PRIMIS...
This morning The Mortgage Lender (TML) released its first economic update of 2024, providing brokers with valuable insights into the economic landscape that will shape the mortgage and housing markets in the coming year. The report itself outlines key factors...
In the world of rising living costs, the journey to homeownership is a bit of a financial puzzle for many first-time buyers. A recent survey by Uswitch Mortgages sheds light on the strategies employed by these buyers to step onto the property ladder and the...
In a move welcomed by the property investment community, Birmingham Midshires (BM Solutions) has announced significant changes to its buy-to-let stress rate tests at the application stage, effective from today, Tuesday the 16th of January 2024. These modifications are...
In as diverse a market as the London mortgage scene, it is so important for brokers to be able to cater to a wide range of borrowers. At Oportfolio Mortgages, we collaborate with private banks such as Coutts to provide tailored solutions for high net worth...
In a perhaps unsurprising turn of events, Co-operative Bank has announced the temporary withdrawal of the majority of its fixed-rate mortgage products for new business. This move comes after the bank experienced an overwhelming surge in demand, prompting concerns over...
Today Santander has announced a ground breaking reduction in interest rates, with selected residential new business and product transfer 60% Loan-to-Value (LTV) 5-year fixed rates dropping below the 4% mark. A sub 4% mortgage offering has not been seen for many months...
In a positive development for potential homebuyers, Barclays has just announced substantial reductions in mortgage interest rates across its Residential Purchase range. The news, delivered in a communication to brokers at Oportfolio Mortgages this morning, reveals...
When it comes to personal insurance, the foundation of a robust and reliable coverage plan always lies in the accuracy of the information provided during the application stage. Whether you're applying for life insurance or critical illness insurance or any other kind...
Accord Mortgages and Bank of Ireland have today announced some significant changes to their mortgage product ranges, impacting both Buy to Let and Residential offerings. The alterations are set to take effect on Tuesday the 9th of January 2024, with each lender...
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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