Mortgage News, Insights & Advice
All the latest UK mortgage news, insights and advice from the world of mortgage lending and Oportfolio
Is Investing In Property In The North A Wise Move?
The North of England isn’t just synonymous with cheap pints, brit-pop and pies anymore! It seems that the North of England is capturing the attention of property investors like never before. Paragon Bank’s recent report, The Factors Driving the Buy-to-Let Market in...
UK Rental And Mortgage Payments Reach Highest Level In 13 Months
According to the recently released Barclays Property Insights report, UK rental and mortgage payments have surged to their highest level in over a year, with an increase of 6.4% in October 2024. This marks the steepest growth in housing costs since September 2023, yet...
HSBC Mortgage Rates Increase Despite Base Rate Drop: Here’s Why
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...
Coventry Building Society Boosts Landlord Mortgage Affordability
Coventry for Intermediaries, the mortgage broker only platform for Coventry Building Society, has taken significant strides in supporting landlords in 2024 with its latest revisions to the buy-to-let application process. These changes, aimed enhancing landlord...
Lowest UK Mortgage Rates March 2024
As mortgage brokers, we are constantly keeping a keen eye on mortgage rates as they change almost on a daily basis. Despite some promising rate reductions in the first couple of months of 2023, in recent weeks, the trend has been toward upward movement, reflecting...
Premiums Slashed on Guardian Income Protection Policies
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...
Large Mortgage Loans Up For Renewal? We Can Save You Money
Are you a high net worth individual with a £700K, £800K, £900K, £1 Million+ large mortgage loans coming up for renewal within the next year to two years? If the answer is yes, then you are one of the 1.8 million people expected to come off their fixed rate deal. For...
Average Mortgage Term For First-Time Buyers On The Rise
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...
Accord Makes Changes To Part and Part Mortgage Criteria
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 Saved Our Client £1,300 On His Remortgage Payments
In our latest case study, our client approached us seeking assistance in securing the best mortgage rate for his property as his fixed deal, which we had previously arranged for him, was nearing its end. Facing the prospect of transitioning to the lender’s standard...
Portfolio Landlord Mortgages
So you’ve owned a property for a while and decide to rent it out. This initial buy-to-let investment proves to be a profitable source of income for yourself, so you decide to get another. Soon you find that you are in the position to buy more, and more. You have now...
NatWest Switcher Offer Increases Mortgage Rates and Terms
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...
Personal Finance for Women: Quick Tips
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 ‘Track Record Mortgage’ for Low House Deposit
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 New Build Mortgage With 95% LTVs
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...
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