Mortgage News, Insights & Advice
All the latest UK mortgage news, insights and advice from the world of mortgage lending and Oportfolio
Why Now Could Be the Time to Buy in London
It’s been a turbulent couple of years for property buyers, but according to Santander’s recent market briefing, there’s reason to believe that 2025 could signal a turning point. In this blog, we will discuss interest rates, market confidence, lending improvements in...
London Property Market – Signs of Growth After a Challenging Year
The past year has been a story of two Londons, one of international prestige and one of everyday life. According to Santander’s latest market update, London’s property market has weathered a difficult 12 months, but there are encouraging signs that the tide may be...
Wandsworth New Builds: Wandsworth Mills and Riverside Living
If you’ve been searching for the perfect blend of modern London living, riverside charm, and long-term property potential, Wandsworth Mills might just be the place you’ve been waiting for. This stunning new development in Wandsworth by Berkeley Group is redefining...
Offset Mortgage Saves Borrowers Money
Key facts: Clients owned their own property with £150,000 outstanding on their current mortgage Both clients were in their 50's and hoping to retire in a few years They had money in savings and for a while had considered clearing their mortgage with this money, to...
Santander Lowering Mortgage Rates
Santander have been the latest in a bunch of lenders to start reducing their mortgage rates, a good sign after volatile few weeks of increasing rates. Santander lowering mortgage rates comes after the former Prime minister Liz Truss resigned and the new PM Rishi Sunak...
What Is A Let-To-Buy Mortgage
Do you own a residential property, either with or without a mortgage? Are you looking to move to a new home but struggling to sell your property? Or perhaps you just fancy keeping hold of the home for the time being? Maybe a let-to-buy mortgage is for you. A...
Are Mortgage Rates Dropping?
The Telegraph and other news outlets reported over the weekend that we may be seeing the first signs of mortgage rates dropping since the former Chancellor of the Exchequer Kwasi Kwarteng announced a disastrous mini budget a few weeks ago. But are rates...
Exclusive Mortgage Broker Rates From Virgin Money
The lending arm of Richard Branson's mega corporation Virgin, Virgin Money sent out an email to mortgage brokers today to announce that they have launched some new exclusive mortgage broker rates for residential and buy-to-let borrowing. As members of the PRIMIS...
Interest Rate Rises Not As Bad As Expected?
In a statement today, the deputy governor of the Bank of England Ben Broadbent announced that the rate rises that we have seen in recent weeks and month might be more than we actually need. Meaning that the interest rate rises, and the outlook of the economy...
Quick Action Saves Mortgage Borrowers Money
Key facts: Clients were contacted by Oportfolio 6 months before their fixed rate deal was due to end They had been enjoying a fixed rate mortgage for 2 years and had completely forgotten that their rate was due to expire If they hadn't been contacted, they would have...
Accord Now Offers 95% Home Mortgages
In this day and age, 95% mortgages are few and far between unfortunately as lenders are still cautious about how much they lend and who qualifies for the higher mortgages. Now, a standard deposit amount is normally a minimum of 10% i.e. 90% mortgage, with...
Mortgage Offer In A Week For Tricky Case
Key facts: Clients were British citizens living in the US Having recently secured a job in London, the couple decided that they would re-locate to the UK and wanted to buy a home here. They had a mortgage in the US on their previous residence that wasn't sold yet....
Property Prices Are Still High – For Now
New data produced by property website Rightmove yesterday shows that property prices are still high and breaking records, despite the economy struggling in recent months. We, like most financial service companies think that property prices are likely to reach a...
Where Are Mortgage Rates Headed And Will They Go Down?
With the announcement coming out of parliament today that the new chancellor Jeremy Hunt will backtrack on almost all of the previous chancellor's tax cut announcements from the mini budget, a lot of people have been asking "where are mortgage rates heading?". In our...
Confidence Returns But ‘Little Chance’ Of Drop In Mortgage Rates
Following a press release this morning given by the new Chancellor of the Exchequer Jeremy Hunt, confidence has returned slightly to the market. But many don't think that this will cause any drop in mortgage rates to occur. Jeremy Hunt, the newly appointed...
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