Mortgage News, Insights & Advice
All the latest UK mortgage news, insights and advice from the world of mortgage lending and Oportfolio
Barclays Interest Only Mortgage Requirements Updated
Barclays has announced significant changes to its interest only mortgage requirements, introducing a new tiered equity system based on the location of the security property. This update, effective immediately, is designed to provide a more location-specific approach...
Adverse Credit Mortgage Criteria Eased by Hinckley & Rugby
In a significant move to make homeownership more accessible to different types of borrowers, Hinckley & Rugby for Intermediaries has announced relaxed criteria on its Credit Flex adverse credit mortgage product, designed for borrowers with adverse credit...
Metro Bank Buy-to-Let Mortgage and Interest-Only Changes
Metro Bank has recently announced significant enhancements to its interest-only and buy-to-let (BTL) mortgage criteria, marking a strategic move to strengthen its position as a leading specialist lender on the high street. These changes are designed to offer greater...
Joint Borrower Sole Proprietor Case Study
In 2019, Our client first came to us at Oportfolio to see how we could help him purchase his dream first home. Like many first-time buyers, our client did not know where to start and did not know what he could afford.
Can’t move? Grow the space you’re in
With the UK now formally in recession for the first time in 11 years, mortgage providers are inevitably becoming more circumspect in how they lend money for house purchases. And that means it’s becoming harder to secure the larger sums needed to move. As the Financial...
Now’s the time to take advantage of the housing market
According to some reports this week, the first signs that the post-lockdown housing boom that began when the government opened up the housing market at the beginning of June 2020 has begun to give way to greater caution. According to the online housing news portal...
The buy-to-let mistakes every landlord should avoid
Despite the uncertainty in the housing market, the prospect of buying a second property – or perhaps a third, fourth or fifth – as a landlord to rent out is still attractive to a lot of people. Recent research comparing the England and London property rental sector...
Turn up the green stuff to make a house a home
Most of us know what it’s like moving into a new house. You came to see it when it was in full swing as someone else’s home and it feels very different when you take your first steps into it as the proud new owner. The seemingly vacuous rooms that seem much bigger...
5 Reasons To Hire A Broker To Find Your Next Loan
There’s barely a single area of our increasingly busy lives where we don’t have the option to do things for ourselves at home in front of a laptop, and the process of choosing a mortgage product is no different. From online grocery shopping to switching your car...
Moving home? Get ahead of the game to get the best deal
Nothing in life stays the same. The plans we make for today and tomorrow can change over time and new plans will need to be made. That’s certainly true when it comes to buying houses. There are all sorts of reasons for moving. It may be that you originally bought the...
Perfect days out close to home
With the school holidays here, summer brings great opportunities to spend time together as a family. But if you’re not careful, family days out in London can come with a weighty price tag. Luckily, in Fulham and Chelsea and beyond there are loads of local things to...
What Happens If We Go Into Lockdown Again?
In March, everything changed in the space of a single weekend when lockdown was announced. On Friday, March 20th, it was very much business as usual as we worked with our many clients on a range of products from mortgages to life insurance policies, and critical...
Learn the lessons of the pandemic and protect your income
If there’s one thing that the Covid-19 pandemic has, or should have, taught us, it’s that just when life seems to be ticking along nicely, things can take a sudden and unexpected turn for the worse. One of the most surprising statistics I’ve read recently, beyond the...
Is it a good time to be moving house?
If you’re thinking about moving to take advantage of low-interest rates and the stamp duty holiday, then recent speculation suggesting the latest recession may impact negatively on mortgage holders could be making you doubt whether it’s a good time to be moving. The...
What happens to me financially if I can’t work?
In an uncertain economy, it’s understandable that people might worry about job security and what happens if they suddenly find themselves out of work through redundancy or the sudden collapse of the company they work for. What people don’t always think about or plan...
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