Mortgage News, Insights & Advice
All the latest UK mortgage news, insights and advice from the world of mortgage lending and Oportfolio
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...
Where Is The Best Place To Buy Property?
Last week, senior mortgage and protection advisor at Oportfolio Mortgages, Jade Pinkerton attended the latest Coutts and Savills market update webinar. Many interesting property related discussions were held. Perhaps the most interesting and thought provoking...
Buy-to-Let Investment: Is It Still A Good Idea?
This week, senior mortgage and protection advisor at Oportfolio Mortgages Jade Pinkerton attended the latest Coutts Bank and Savills Market Update webinar. One hot topic of discussion was the UK buy-to-let market, and whether it was still ‘worth it’. In this blog, I...
The Mortgage Lender: Game Changer in the UK Mortgage Market
If there is anything that we can say about the mortgage market in the UK it is that it is an ever-evolving and quite unpredictable entity. As the economic landscape changes with the times, so do the people. When it comes to mortgages, things simply aren't black and...
The Mortgage Works Introduces Sub-5% BTL Mortgage Products
In a move that has sent ripples of excitement through the mortgage market, The Mortgage Works (TMW), the buy-to-let arm of Nationwide Building Society, has thrown a bit of a lifeline to property investors by unveiling sub 5% buy-to-let mortgage products. Notably, TMW...
Private Rental Sector Shows Slow Decline
The Bank of England has recently released a report shedding light on the current state of the private rental sector in the UK. This measurement of landlord property transactions from the Bank of England reveals that the sector has been experiencing a gradual...
Bank of England Mortgage Lenders & Administrators Statistics
The Bank of England has released its Mortgage Lenders and Administrators Statistics for the second quarter of 2023, shedding light on the state of the UK's residential mortgage market. The report paints a complex picture, with notable changes in outstanding mortgage...
Skipton Announces Mortgage Rate Changes and Extensions
In a move aimed at providing relief to homeowners and potential buyers amid high mortgage rates, Skipton Building Society has announced a series of mortgage rate changes and product extensions set to take effect on the 12th of September 2023. The building society,...
Equity Release Expert Mike Hardy’s Latest Market Update Reveals Challenges and Optimism
As part of Oportfolio Mortgages' effort to help clients with diverse mortgage needs, we partner with a specialist equity release company who we refer all of our equity release enquiries to. Very fittingly called 'The Equity Release Experts'. In a recent market update,...
Kent Provides Mortgages For People With Second Jobs
In 2023, the concept of a traditional 9-to-5 job has given way to the rise of the "gig" economy. This new way of working allows individuals to work multiple jobs, diversify their income sources, and enjoy the financial benefits of a flexible work schedule. Whether...
House Prices Drop by £14,000 in a Year – Fastest Decline in 14 Years
House prices in the United Kingdom experienced their most substantial annual decline in 14 years, with the average property value falling by £14,000 over the past year, according to a report released by the Halifax. The data, which was compiled until the end of August...
The Mortgage Lender (TML)’s September 2023 Economic Update
In the ever-changing landscape of the mortgage and housing market, staying informed about economic trends and policy shifts is crucial for prospective homebuyers, homeowners, and industry professionals such as ourselves at Oportfolio Mortgages. The Mortgage Lender...
BM Solutions Announces Changes to Buy-to-Let Stress Rates
In a move that could impact landlords and property investors across the UK, BM Solutions (also known as Birmingham Midshires) has today announced significant changes to its buy-to-let stress rates, set to take effect on Thursday the 7th of September 2023. These...
Why Use A Mortgage Broker Instead Of A Bank
When it comes to securing a mortgage for your dream home, you have two primary options: working with a mortgage broker or going directly to a bank or lender. Each approach has its advantages and disadvantages, and the decision of whether to go to a mortgage broker or...
UK Mortgage Lenders Slash Rates in Late Summer 2023
As summer draws to a close in the UK, there's good news on the horizon for prospective homebuyers, property investors, and those looking to restructure their existing mortgages. Several major UK mortgage lenders have announced rate reductions and new competitive...
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