Mortgage News, Insights & Advice
All the latest UK mortgage news, insights and advice from the world of mortgage lending and Oportfolio
How Is Mortgage Affordability Calculated?
Mortgage affordability checks are assessments used by lenders to decide how much you can borrow and whether you can afford the monthly repayments.
Can I Get a Mortgage With Debt in the UK?
Can you get a mortgage with debt in the UK? Learn how loans, credit cards, and finance affect affordability and borrowing.
Self-Employed Mortgage with 1 Year Accounts UK
Self-Employed Mortgage (1 Year Accounts UK): What Are Your Options? If you’re self-employed and only have one year of accounts, you may be wondering: “Can I get a mortgage with 1 year accounts?” The good news is, yes, it is possible. There are lenders in the UK who...
Halifax Offers Extra Support For High Net Worth Mortgages
Halifax for intermediaries, the lending channel accessible only by mortgage brokers, have announced a new initiative to support mortgage applications for high net worth mortgages. Referred to as 'premier customers', mortgages for higher loans need extra care and...
Accord Offers Joint Borrower Sole Proprietor Mortgages
Today mortgage lender Accord Mortgages announced that they will now offer Joint Borrower Sole Proprietor mortgages. This new revelation from Accord is great news for people looking to purchase their first property, who might fall short of the regular high mortgage...
Precise Mortgages Makes Big Changes To Products
Specialist mortgage lender Precise Mortgages, part of the Charter Court Financial Services Group, has announced that they are pulling their current buy-to-let and residential product ranges and will replace them with new updated products. It seems that the lender...
Property Down Valuation and What You Can Do
It’s worth as much as someone is willing to pay… or is it? This week we have had three separate property purchase cases where properties have been significantly down valued by the lender's valuers at mortgage application stage. What does a property down valuation...
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...
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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.