Mortgage News, Insights & Advice
All the latest UK mortgage news, insights and advice from the world of mortgage lending and Oportfolio
First-Time Buyer Mortgages UK: Leeds & Virgin Cut Rates
The UK mortgage market has received a welcome boost this week as Leeds Building Society and Virgin Money both announce significant rate reductions, aiming to support first-time buyers and homeowners looking for better deals. But with rising property prices, high...
New Low Barclays Mortgage Rates Of 3.96% Announced
Barclays Bank has announced a new wave of mortgage rate reductions, with some products falling below 4% for the first time in months. As of the 4th of March 2025, the bank has lowered rates across a range of mortgage products, including its Green Home five-year...
Mortgage Rates Drop as Lenders Introduce New Sub-4% Deals
Fixed mortgage rates have fallen once again this week, with new sub-4% deals entering the market, according to Moneyfacts. However, despite these reductions, the average rates on two- and five-year fixed mortgages remained unchanged compared to the previous week. In...
Never Considered Harpenden Building Society For A Mortgage? Why Not?
When looking for a new mortgage, the landscape can often seem dominated by the big names, leaving smaller institutions overlooked. I’m talking the Halifax, Santander, NatWest, and Nationwide of the mortgage market. However, delving into lesser-known lenders like...
UK Property Market Bounces Back: Surprising Trends Revealed in January 2024 Report!
The latest findings from the Royal Institution of Chartered Surveyors (RICS) UK Residential Market Survey for January 2024 indicate a promising turnaround in the UK property market. Positive shifts observed in key things such as buyer demand, agreed sales, and new...
Halifax Announces Exciting Rate Reductions of Up To 0.53%
In a move that's sure to make waves in the housing market, Halifax is shaking things up with some exciting changes to its product range. Effective from Thursday the 1st of February 2024, the following modifications are set to give homebuyers and homeowners more...
How We Helped a 63-Year-Old to Keep £2 Million in His Pension While Buying a Property
Meet our client who discovered us on Google - a 63-year-old, semi-retired individual with a whopping pension pot exceeding £2 million. His dream? To own a new home to enjoy his retirement years, without depleting his pension savings and strategically navigate the...
Virgin Money Introduces Fix and Switch Mortgage Offering
In a response to the increasing uncertainty surrounding mortgage rates, Virgin Money has unveiled an innovative Fix and Switch mortgage offering, designed to provide customers with a unique combination of stability and flexibility in a challenging mortgage market. In...
UK Housing Market Soars as House Prices Surge in Early 2024
It seems that the UK housing market has experienced a remarkable upswing in the initial weeks of 2024. Recent reports indicate a substantial 13% increase in new sales agreed, showcasing a robust market rebound driven by pent-up demand and the enticing drop in mortgage...
What Is Income Multiple Calculation for Mortgages?
As mortgage brokers, we encounter a common question from prospective borrowers: "How much can I borrow?" Many individuals rely on the widely circulated notion that they can borrow up to 4.5 times their income. However, this oversimplified rule is just the tip of the...
Our Team Saved Clients £5,000 Monthly on a £5.4 Million Wimbledon Mansion!
In the highly sought after Wimbledon real estate market, our clients embarked on the journey of purchasing a £5.4 million residential property with a substantial £2.2 million mortgage over a 22-year term. Focused on minimising their mortgage payments, our clients...
Santander Surprises Market with Mortgage Rate Rise
In an honestly surprising move, Santander announced today that they would be raising selected standard residential fixed rates for both purchase and remortgage clients. This decision comes at a time when most lenders in the UK are actively reducing their mortgage...
New Barclays Mortgage Rate Reductions Amidst UK Market Trends
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...
TMW Unveils Buy-to-Let Mortgage Products with Rates Below 4%
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...
Unlocking Exclusive Mortgage Rates With Oportfolio Mortgages
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...
We're Here to Help
If you have any questions about UK mortgage news or anything you’ve read then please get in touch. We’d love to hear from you.
