Mortgage News, Insights & Advice
All the latest UK mortgage news, insights and advice from the world of mortgage lending and Oportfolio
HSBC Increases 53 Mortgage Product Rates Amid Economic Uncertainty
It has been announced today that HSBC has increased mortgage product rates on 53 of its mortgage products, impacting many different areas of residential mortgage borrowing. Some of the customers expected to be impacted by the rate increases are existing customers...
Santander Mortgage Rates Slashed While Virgin Increases Fixed Deals
Amid recent economic policy shifts, Santander and Virgin Money have made notable changes to their mortgage rates, offering contrasting options for UK homebuyers and investors. Santander is reducing rates across its fixed-rate residential and buy-to-let mortgages, with...
Metro Reduces UK Buy-To-Let Mortgage Rates As TSB Hikes Them
October has truly been the month for rate instability in my opinion. None of us wanted rates to fluctuate as much as they have over the last month or so, and I don’t think that I was the only one who thought that we might at least enjoy some stability until the end of...
Skipton Announce New Mortgage Range
Mortgage lender Skipton for intermediaries have returned to the mortgage market along with other lenders like NatWest, Halifax, Barclays and others since the government tax U-turn announced yesterday. Skipton have announced a new mortgage range, focusing on...
Buy Now And Be In Your New Home For Christmas!
Yes...we've said it. The C word. Christmas! In most circumstances, Monday the 3rd of October would be WAY to early to start talking about Christmas however when it comes to mortgages and property you can never be too early. Christmas is 83 days away or just under 12...
Lenders Return To Market With Higher Rates
After the mass lender exodus last week due to the proposed tax cuts, mortgage lenders have thankfully started returning to the market. But with higher rates as expected. When will rates go down again? Who knows. But as mortgage advisors we are very happy that...
Government Backtracks On 45p Tax Cut
Despite the chancellor and Liz Truss's new conservative government announcing their mini budget last week, they have already been forced to go back on their word due to a massive backlash from the public and financial institutions. The major issue in the budget...
What Is The Nationwide Helping Hand Mortgage?
As a first time buyer, it may seem like the whole property market is against you at times. Especially because of recent economic events and the frenzy the lenders seem to have gone through over the last few days. But thankfully the banks seem to have calmed down a bit...
Can Lenders Cancel My Mortgage Application?
As a direct result of the mini budget announced by Chancellor of the Exchequer Kwasi Kwarteng a few days ago, the mortgage world has been thrown into a state of panic to put it lightly. Despite there not actually being any reason to panic at the moment,...
The Importance Of Insurance – Real Life Stories
As financial advisors, we at Oportfolio make it our mission to ensure that all of our clients receive the best possible mortgage and protection advice that not only benefits them but benefits their family and loved ones too. Getting adequate life insurance, critical...
Fewer Mortgage Products Means Less Options
A drastic drop in mortgage products on the market has encourage an influx in mortgage searches according to mortgage fintech website Twenty7tec. More and more mortgage products have rapidly left the market over the last few days, weeks, and months as a result of...
What Is Competent Adviser Status (CAS)?
*Please note that we are not currently hiring any mortgage advisors or providing any training Today, people need mortgage advisers and financial advisers in general, more than ever. The mortgage market is a bit of a mine field at the moment, to put it lightly. And to...
Surge In Long Remortgage Deals Identified
A recent investigation by Comparethemarket has found that a third of homeowners who are due to remortgage at the end of their fixed deal would want a long term fixed remortgage deal to combat the rising cost of living. The study shows that 32% of existing mortgage...
Virgin Money and Skipton Pull New Mortgages
Mortgage lenders Virgin Money and Skipton for intermediaries have pulled new mortgage deals from their lending portfolios as the financial market goes into turmoil. Well known mortgage lenders Virgin Money and Skipton have announced that they are temporarily...
Could There Be An Emergency Base Rate Rise?
Could we see an emergency base rate rise imposed on us by the Bank of England? Liz Truss's new Conservative government and her recently appointed Chancellor's mini budget released at the end of last week has caused the economy to go into a state of panic and now the...
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