Mortgage News, Insights & Advice
All the latest UK mortgage news, insights and advice from the world of mortgage lending and Oportfolio
In Conversation with Aliya Kabani: Building a Boutique Property Management Company in South West London
Oportfolio Mortgages speaks with Aliya Kabani from Glendower Property Management about Putney property, buy-to-let investment, boutique property management, and the challenges and opportunities facing landlords in South West London.
Why High Earners Are Often Under-Assessed By Mortgage Lenders
Many people assume that earning a high salary automatically means getting approved for a large mortgage is straightforward. In reality, some of the highest earners we speak to often face the biggest frustrations when it comes to borrowing. At Oportfolio Mortgages, we...
Your Personal Insurance Questions Answered
When it comes to protecting your finances, your family, and your home, it’s completely normal to have questions about personal insurance. From life cover and critical illness policies to income protection, many people are unsure what they actually need, or whether...
Deposit – What will I need?
Deposit. Probably the most common word you hear during the house buying process and, perhaps the one that makes people the most apprehensive. With any property purchase, unless you are lucky enough to buy in cash, you will need some form of property finance loan such as a mortgage. And, with any kind of mortgage, you will normally need to contribute some of your own funds towards the purchase.
Halifax reports record number of first-time buyers
2021 was the most first-time buyer saturated year in at least 10 years according to Halifax intermediaries coming off the back of a year of pandemic uncertainty.
Credit score – Does it really make a difference?
Perhaps the oldest question in the book of mortgages, do I need a good credit score to get one? For years people have avoided getting a mortgage because of their ‘less than perfect’ credit score and hundreds of thousands of people have missed out on some perfect properties due to black and white mortgage lenders and inexperienced advisors.
Mansfield Building Society joins Primis network
The Nottinghamshire based building society, which has been managing its customers finances and lending money in the UK since 1869, has joined the lender panel of Primis meaning that Primis advisors and brokerages will now have access to The Mansfield’s range of residential and buy-to-let mortgage products.
Uninhabitable property gives buyers nightmares
Our clients owned a residential property that they would be selling to try and purchase their dream home. Unfortunately, the new property needed a major upheaval to make it liveable for the clients and their family.
Cladding on flat causes client to change his plans
Our client and his partner both owned separate flats and their intention was to sell both and use the joint equity to purchase one single property for them both to live in. Our client’s partner sold her property very easily however he was unable to sell his property due to it having cladding.
How generous are you parents?
With rent at an all-time high and independence being at the forefront of every young person’s mind, buying your first home can really make you feel like you have taken a huge leap in life and achieved something. But unfortunately, it’s not always as straight forward as saving a deposit and getting a mortgage.
Parents wanted to help their daughter buy her first house
Our clients wanted to help their daughter in any way they could to purchase her first property. Our clients owned their own residential property which meant they would be liable to a large stamp duty tax if they went on a standard mortgage with their daughter.
Couple dream of escaping to the countryside
Our clients had been living in London for several years and had toyed with the idea of moving away from the big smoke and raising their children in the countryside. However, a change in employment circumstances caused a big issue.
Marital Split and Credit Issues Case Study
Our client was splitting up with his partner and wanted to do a buy to let remortgage on their shared property to release equity and buy his ex-partner out. The fairly straight forward remortgages plans were thrown in to disarray when an unexpected credit issue appeared on the clients file.
Bite sized news: New hope for new build purchasers
This week another positive post-covid lender update has been revealed as Accord Mortgages announced that they will be increasing their maximum mortgage loan to values.
Brothers Buy House Together Case Study
Our clients were brother who were both looking to purchase their first residential properties. After doing some of their own research they realised that unfortunately they would both struggle to purchase a property on their own so decided that they would look at buying together.
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If you have any questions about UK mortgage news or anything you’ve read then please get in touch. We’d love to hear from you.