Mortgage News, Insights & Advice
All the latest UK mortgage news, insights and advice from the world of mortgage lending and Oportfolio
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...
6.5x Income Multiples for HSBC Premier Mortgage Customers
Latest news in the mortgage market is that HSBC has announced that it will now offer up to 6.5x income multiples on residential mortgages for its Premier banking clients, one of the most generous lending limits available from a major UK bank! In this article we will...
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...
Fees For Buying A Property. Are They Worth It?
Something that is often overlooked when purchasing a property by many are the fees that can be associated with it. The majority of people who buy a house or an apartment need a mortgage and the majority of people who need a mortgage will need insurance. But,...
How Long Does It Take To Get A Mortgage Approved
One of the most common worries that people have when buying a property, is how long will it take for the mortgage to be approved? It doesn't matter if you are a first-time buyer, second, third, fourth time buyer, or even a serial landlord. The fear that your...
September 2022 Budget Update
The new Chancellor of the Exchequer Kwasi Kwarteng has announced his September 2022 budget in the house of commons today. The new budget has been designed specifically to fit Prime Minister Liz Truss's attack on the rising cost of living and looming economic...
Guarantor, Joint Borrower & Sole Proprietor Mortgages
For hundreds of years, mortgages were pretty black and white. You want to buy a property but don't have the money to pay for it in full, so you borrow money from a lender and pay them back. Normal straight forward mortgages are given based on the borrowers income,...
Do I Need An Airbnb Mortgage?
Purchasing a property for the sole purpose of letting it out for short term holidays or short term business breaks has become increasingly popular in recent years, thanks primarily to the holiday let conglomerate Airbnb. So what do you need to do if you want to...
Foreign Nationals With Foreign Income – Case Study
Key facts: Clients were both foreign nationals, originally from countries outside of the UK. One is an EEA national and the other was not. They moved to London a few years ago and had been renting for a while. Now that they had both established themselves in the UK...
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