Mortgage News, Insights & Advice
All the latest UK mortgage news, insights and advice from the world of mortgage lending and Oportfolio
Fascinating UK Uswitch Remortgage Data Trends Revealed
2024 has already proved to be a tricky year for mortgages in the UK. Many borrowers and brokers hoped that we might have left rate rises back in 2023, however this has not been the case. In the last few weeks we have seen many lenders increase their mortgage rates....
How To Become A Property Developer
Thinking of becoming a property developer? Bravo. According to a 2023 article in The Big Issue, there are around 261,000 empty or abandoned homes in the UK. Yes there is a housing crisis in England, but with over 200,000 empty properties in desperate need of...
NatWest Introduces High Value Mortgages In New Business Range
NatWest has announced significant changes to its New Business product range, set to take effect from the 30th of April 2024. These changes include the introduction of new high value mortgages intended for customers seeking to purchase or remortgage properties that are...
We Saved Our Client £1,300 On His Remortgage Payments
In our latest case study, our client approached us seeking assistance in securing the best mortgage rate for his property as his fixed deal, which we had previously arranged for him, was nearing its end. Facing the prospect of transitioning to the lender’s standard...
Portfolio Landlord Mortgages
So you’ve owned a property for a while and decide to rent it out. This initial buy-to-let investment proves to be a profitable source of income for yourself, so you decide to get another. Soon you find that you are in the position to buy more, and more. You have now...
NatWest Switcher Offer Increases Mortgage Rates and Terms
We've just received an important update from NatWest regarding changes to their mortgage offerings for existing customers looking at switcher products. At the end of 2023 and in the first few weeks and months of 2024, lenders had been reducing rates like they were...
Personal Finance for Women: Quick Tips
Happy International Women’s Day! Our team at Oportfolio is a mostly female run outfit, and they are the best in the industry! Our Senior Mortgage and Protection Adviser Jade Pinkerton has put together some quick finance tips for women when looking at personal...
Skipton ‘Track Record Mortgage’ for Low House Deposit
Skipton Building Society has relaunched a popular mortgage product, the 'Track Record Mortgage'. Originally aimed at first-time potential borrowers looking for a low house deposit loan, Skipton has today announced that the product will now extend to both renting...
Santander New Build Mortgage With 95% LTVs
Santander has recently announced a significant expansion of its mortgage offerings, particularly targeting first-time buyers and those looking to invest in new build properties. On the 1st of March 2024, the bank unveiled a range of New Build 3-year fixed rate...
Nationwide Increases Maximum Remortgage Loan To Value
Nationwide Building Society has recently announced a significant enhancement to its remortgage options, offering homeowners greater flexibility and accessibility in refinancing their properties. The building society has raised the maximum loan-to-value (LTV) ratios...
Mortgage In Principle For First Time Buyer Helped Secure Million-Pound Home!
In Pimlico, Central London, where property prices soar and competition is fierce, one determined first-time buyer dared to dream big. With a hefty deposit and a six-figure salary, he set his sights on a coveted property listed at over £1,000,000. But in this cutthroat...
Options for First-Time Buyers in a Tough UK Mortgage Market
In a recent analysis by Mortgage Broker Tools (MBT) in collaboration with Pepper Money, disheartening statistics have emerged for first-time buyers in the UK. The data reveals a stark reality: the number of affordable options for first-time buyers plummeted by 40% in...
HSBC Mortgage Rates on the Rise
HSBC has announced adjustments to its residential and Buy to Let (BTL) mortgage product ranges effective from Friday the 23rd of February 2024. The changes, spanning different loan-to-value (LTV) ratios and fixed-rate terms, signal a trend of increasing rates among...
Does Your Insurance Cover You For 100% Of Malignant Cancers?
Facing a diagnosis of cancer is a daunting prospect, both emotionally and financially. While insurance can provide a safety net during such a challenging time, it's crucial to understand the extent of coverage offered, especially when it comes to malignant cancers. In...
Children’s Critical Illness Cover
In today's unpredictable world, being financially resilient is paramount, especially when it comes to safeguarding the well-being of your family. While conversations about financial security often revolve around protecting oneself or a partner against serious...
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