Mortgage News, Insights & Advice
All the latest UK mortgage news, insights and advice from the world of mortgage lending and Oportfolio
Is Now a Good Time To Buy Residential Property?
This week, senior mortgage and protection advisor at Oportfolio Mortgages Jade Pinkerton attended the latest Coutts Bank and Savills Market Update webinar. Many topics were discussed, but one of particular interest was the questions “Is now a good time to buy...
New-Build Shared Ownership From Teachers Building Society
A new-build shared ownership property can be a great option to when looking to take the first steps on the home ownership ladder. House prices are going up, and in many cases it can be quite difficult for first time buyers to firstly save enough money for a deposit,...
Christina Smith From TSB Mortgages Shares Her Thoughts
This week, our mortgage advisors at Oportfolio Mortgages had the privilege of welcoming Christina Smith, business development manager for TSB mortgages into our London based mortgage brokerage. As part of our ongoing commitment to building close relationships with...
Nationwide To Raise Interest Rates On Mortgages
As many people predicted, it looks like we have seen the first lender to raise mortgage interest rates since it was announced that UK inflation had only decreased marginally. Nationwide building society have announced that from the 26th of April they will raise...
Skipton Update Residential Fixed Rate Product Ranges
Skipton for intermediaries have sent emails to all subscribing mortgage brokers this morning to announce that they will be making some changes to and re-introducing some of their residential fixed rate product offerings. The new changes will come in to effect this...
Could I Have A £1,000 Mortgage Payment Increase?
Over the last 6 months or so, most mortgage borrowers will have seen a significant mortgage payment increase. This is because the current economic climate has made mortgage lenders increase their mortgage rates from record lows. For those lucky enough to have secured...
Is Prime London Property Still Popular?
Over the last few months, the property market in the UK has been a little hostile to say the least. Interest in property has dipped and risen more frequently than a roller coaster as interest rates have peaked and dropped and peaked and dropped again. The cost of...
“Things Looking More Positive” Says Mike From Equity Release Experts
At Oportfolio mortgages we handle all of our clients financial advice needs, from mortgage and protection advice to wills. But sometimes specialist lending and borrowing options need to be handled by outside experts in the field. That is why when we speak to borrowers...
UK Inflation Rate At 10.1%
It has been announced today that unfortunately, despite predictions and the Bank of England's best efforts, the UK inflation rate still remains at above 10% (specifically 10.1%). A far cry away from the target inflation rate of 2% that the bank holds and falling...
Is a 2 Year or 5 Year Fixed Mortgage Better?
Historically, choosing a 5 year or 2 year fixed mortgage was quite a straightforward decision to make for mortgage borrowers. Essentially, do you want to keep the mortgage with a competitive rate for a couple of years and then potentially move on to something...
New TSB Five Year Fixed Rate Mortgage at 3.89%
This morning TSB have announced a slew of changes to the products they offer to borrowers, including a new five year fixed rate mortgage at below 4%! Something that most lenders haven't offered since before the announcement of the disastrous mini-budget in September...
How To Avoid Defaulting On Mortgages
2023 has turned out to be very tough year for the average UK resident. With spiralling interest rates and the general cost of living going to unprecedented levels, people are struggling to keep up with their bills and many are defaulting on mortgages, credit cards,...
Nationwide Cuts 90% and 95% Mortgage Products
Following on from our blog post yesterday about Coventry Building Society lowering 90% and 95% mortgage products for first time buyers, Nationwide building society have also announced that they will be reducing rates on their own 90% and 95% mortgage products. These...
Up To 95% Mortgages For First Time Buyers
Historically it has always been tough to buy your first property as an average first time buyer. Earning enough as a young professional to borrow a large enough mortgage, saving a large enough deposit whilst also paying rent every month, and generally getting your...
Agreed Property Sales Return To Pre-Pandemic Levels
There seems to be a lot of conflicting information on the internet at the moment, surrounding the property market and mortgages. Are rates coming up or going down? Are property prices falling or rising still? Is the property market stagnating or thriving? The simple...
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.