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...
Variable Mortgage Rates Increase By As Much As 0.50%
New figures on average UK mortgage rates released by Uswitch this afternoon show that some rates have increased by as much as 0.50% in a week. This latest shocking change, specifically to variable mortgage rates comes after several weeks of constant rate increases and...
Leeds Building Society Help Shared Ownership Homeowners
For a number of years now, shared ownership has been gaining traction and becoming more and more popular for younger buyers. Despite recent drops in property prices, the average price of a property in the UK is over £250,000 and in places like London this is doubled...
Oportfolio Helps Client Increase Maximum Mortgage Loan
One of the major stumbling blocks that mortgage borrowers are faced with in this difficult market is mortgage affordability. Lenders have tightened their affordability tests, and this has led to many borrowers struggling to get the level of mortgage that they require...
Is Limited Company Buy To Let Lending Going To Increase?
The UK finds itself somewhat in the middle of a mortgage crisis. Mortgages are becoming more and more expensive and people are struggling to keep up with rising mortgage interest rates and repayments. We hear a lot about residential borrowers in the news, but often...
Changes To TSB Mortgage Product Range
In a message to brokers today via email, new TSB mortgage product changes have been announced. Impacting residential mortgages, buy-to-let mortgages, product transfer applications, and additional borrowing mortgages. These new changes come in with a huge shift in the...
Skipton Makes Changes To Visa Policy
Popular UK mortgage lender Skipton have announced that as of today (26th June 2023) they will be introducing some new big changes to their visa criteria and mortgage policy for non-UK nationals residing in the UK and looking to purchase a property. Normally most...
Is a Six Month Interest Only Mortgage the Answer?
The UK finds itself in a very strange situation currently. High inflation levels has meant that the Bank of England has now (at the time of writing this article) raised the base rate for the 13th time in a row. This has had a knock-on effect on the UK economy and most...
Oportfolio Helps a Non UK Resident Get a Mortgage
One of the trickiest things to do in the UK mortgage world is to get a UK mortgage if you don't live in the UK currently. So for example, if you own a buy to let in London and need to remortgage but live in Australia, this can be a difficult mortgage to arrange on...
Base Rate Rises For 13th Time To 5%
Yesterday the Office of National Statistics (ONS) announced that despite the Bank of England base rate rises over the last few months, inflation had failed to decrease from the last time that data was collected. UK inflation currently remains at 8.7%, much higher than...
Organised Clients Get the Best Mortgage Rate
Rates are rising rapidly, and lenders are being forced to re-structure their deals as inflation remains high in the UK. It is important to be tactical with mortgages now more than ever, and it is important to secure the best possible rate as soon as possible. Our...
Minimum Contractor Mortgage Criteria Changes
Being a contractor can be a great way of earning more money for your skills and expertise. Whether you choose to be a self employed contractor paying your own tax and national insurance or an employed one, being a contractor can allow flexibility with your work and...
TSB and Skipton Introduce New Products To Market
Mortgage lenders TSB and Skipton Building Society have send messages to brokers this morning to inform them that they will be re-introducing products to the mortgage market. These new products are higher in interest rates than they previously were and follow suit with...
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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.
