Mortgage News, Insights & Advice
All the latest UK mortgage news, insights and advice from the world of mortgage lending and Oportfolio
How We Helped a Couple Buy Their First Home Using a Gifted Deposit
Learn how Oportfolio Mortgages helped first-time buyers purchase their dream home using a gifted deposit from family. Learn how the right lender, expert guidance and proactive communication helped make the mortgage process simple, stress-free and successful.
Life Insurance For Self-Employed People
Discover how life insurance for self-employed people works, whether it’s tax deductible and how to choose the right cover to protect your mortgage, family and business.
Can I Get a Mortgage With Multiple Sources of Income?
Find out how mortgage lenders assess multiple sources of income, what documents you’ll need and how different income streams could affect your borrowing power.
TSB Introduces New 3-Year Fixed Product Transfer Rates
In a bid to offer more financial flexibility and security to homeowners, TSB has announced the launch of their new 3-Year Fixed Product Transfer rates. Available from Thursday the 3rd of August 2023, these mortgage products are set to cater to various Loan to Value...
NatWest Announces Exciting Changes to Mortgage Products
NatWest, one of the leading mortgage lenders in the UK, has announced today significant changes to their new and existing mortgage product ranges. The changes to mortgage products, which will come into effect from August 2nd 2023, offer a mix of rate decreases and new...
Virgin Announces Rate Cuts, Offering Exclusives for a Short Time
In an effort to provide some financial relief to borrowers, Virgin Money has announced a significant reduction in their mortgage rates on selected remortgage and purchase products. The rate cuts will be in effect starting from today, Tuesday the 1st of August 2023,...
Halifax Increases Maximum Working Age for Mortgage Applications
According to an announcement sent out to all brokers this morning, Halifax is set to make a significant change to its lending policy from Tuesday the 1st of August 2023. The bank will be increasing its maximum working age for mortgage applications, allowing customers...
NatWest Announces Changes to Criteria for Properties with Cladding
Effective from 28th July 2023, NatWest, one of the UK's leading mortgage lenders, is introducing new enhancements to its' valuation process to facilitate borrowing against properties in England constructed using cladding. These revisions aim to streamline the mortgage...
Could a Fixed 40-Year Mortgage Help Ease the Mortgage Crisis?
In the midst of the ongoing mortgage crisis and economic crisis in general, experts and policymakers are turning their attention to new solutions to alleviate the burden put on homeowners and hopefully revive the housing market. One potential measure gaining traction...
Barclays Announces Reduction in Rates for Home Buyers
Good news for prospective home buyers! Barclays, one of the big six of UK's leading mortgage providers, has announced a substantial reduction in mortgage rates for home buyers, hopefully making homeownership more affordable and accessible moving forward. The move...
First-Time Buyer Mortgage Rates Rise Despite Falling Inflation
Last week it was announced, to much joy and relief, that inflation in the UK had fallen to a level below what was initially predicted. The Bank of England are currently aiming for an inflation rate of 2%. Despite drastic measures being taken with interest rate rises,...
Santander for Intermediaries Increase Mortgage Rates
In a move that may impact both new and existing borrowers, Santander for intermediaries has recently made adjustments to its mortgage rates and products. The high street bank's broker-only arm has raised selected residential and landlord rates, prompting reactions...
Skipton Makes Changes to Buy-To-Let Stress Rates
Skipton, one of the leading mortgage providers in the UK, has announced significant changes to its buy-to-let criteria, affecting landlords across the UK. The modifications include adjustments to the Buy-to-Let Stress Rate for different fixed-term products. The stress...
First-Time Buyer Mortgage Guide: Questions to Ask a Broker
Buying your first home? Our first-time buyer mortgage guide explains deposits, affordability, Agreements in Principle, buying costs, family help and what happens from application to completion.
UK Property Market Shows Moderate Growth
In the 12 months leading up to May 2023, the UK property market experienced a moderate increase in average house prices, according to the latest data released by The Office for National Statistics (ONS). The report indicates that the average house price across the UK...
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