Mortgage News, Insights & Advice
All the latest UK mortgage news, insights and advice from the world of mortgage lending and Oportfolio
What to Expect From 2025 Mortgage Interest Rates
Recently, Jade Pinkerton, senior mortgage and protection advisor at Oportfolio Mortgages attended the Coutts and Savills Market Update webinar. As expected, interest 2024 and 2025 mortgage interest rates and differing predictions were discussed in great detail....
NatWest Mortgages Increase Rates
NatWest mortgages are set to take a bashing this week as the lender announces that their mortgage product rates are due to increase by as much as 0.30%. This is a sharp jolt to mortgage borrowers and frankly to mortgage intermediaries who have all been rejoicing over...
Halifax To Release Mortgages Without Early Repayment Charges
Halifax bank, one of the UK's biggest and most well known mortgage lenders will be releasing some new mortgage products over the next few days, most significantly perhaps, they will be releasing mortgages without early repayment charges. Not only does this mean that...
Santander Mortgage Cuts On Residential and Buy-To-Let Loans
In an exciting development for prospective homeowners and property investors, Santander mortgage cuts have been announced on a selection of residential and buy-to-let mortgage products. These changes, scheduled to go into effect on the 24th of October 2023, are set to...
TSB Unveils New 3-Year Fixed Rate Mortgage at 4.99% Interest
In a move that promises to provide much-needed relief for homebuyers and existing mortgage customers, TSB has announced a series of rate reductions on its mortgage products, effective from this Friday. This includes the launch of an attractive 3-Year Fixed Rate...
What Is The Difference Between Hard and Soft Footprint Credit Checks?
When it comes to getting a mortgage, understanding the nuances of credit checks is paramount for borrowers seeking new home finance. Recent developments from Barclays Bank have brought significant changes to the credit checking process for mortgage applicants. In this...
Virgin Money Mortgages Announces Rate Reductions
Virgin Money Mortgages, one of the more prominent high street lenders, has recently made noteworthy changes to its residential and landlord exclusive mortgage products. These changes, which include reductions of up to 0.26%, are aimed at providing more attractive...
Nationwide Remortgages
In today's ever-changing mortgage market, securing the best remortgage deal to suit your needs can be a daunting task. However, Nationwide Building Society offers a range of attractive remortgage options and criteria that can help you make the most of your property...
Changes for Large Portfolio Landlords: The Mortgage Works
In a move aimed at benefiting large portfolio landlords, The Mortgage Works (TMW), Nationwide Building Societies buy-to-let arm, has announced some noteworthy updates to its existing portfolio affordability assessment criteria, effective from the 17th of October 2023....
Significant Changes to Halifax Self-Employed Mortgage Criteria
Halifax, one of the UK's big six mortgage providers, has announced a significant change in its self-employed mortgage criteria, which will come into effect from tomorrow (Tuesday the 17th of October 2023). The new criteria will make significant changes to...
TSB’s New Criteria Improves Borrowing Mortgages Into Retirement
In a significant announcement this morning, TSB has unveiled some new lending criteria, aimed at helping individuals secure mortgages into retirement. The new policy reflects the shifting dynamics of the housing market and the growing demand from people looking to...
Nationwide’s House Price Index: A Weak September 2023
The UK housing market continues to grapple with uncertainties and challenges, as Nationwide's recently released House Price Index for September 2023 reveals. While house prices remained relatively unchanged over the month, there is a year-on-year decrease of 5.3%,...
Coventry Building Society’s New 90% Mortgages
In mortgage news today, Coventry Building Society has taken a significant step to enhance the accessibility of homeownership in the UK. The lender has recently introduced fresh 2-year and 3-year fixed-rate mortgage options, catering to those seeking a 90% mortgages...
New Virgin Money Remortgage Products: Why You Need a Mortgage Advisor
Virgin Money has recently introduced a host of new residential loan products and reduced interest rates across a selection of its offerings. These changes have sparked interest among homeowners looking to remortgage with Virgin Money. However, navigating the...
Mortgage Rates Drop, Product Choices Rise: Why You Need a Mortgage Broker
In recent weeks and months, the mortgage market in the UK has witnessed a significant shift, as fixed-rate mortgages have seen notable reductions, making homeownership more affordable (if only marginally) for many. According to the latest Moneyfacts UK Mortgage Trends...
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