A slightly overcast morning greeted the Mortgage Required Race Crew participating in the 2015 JP Morgan Round the Island Race but it soon gave way to gave way to bright sunshine and a fresh breeze.
We enter a team every year in what is fast becoming a Mortgage Required tradition. The Round the Island Race was first run in 1931 with just 25 entries. It is now a firm part of the British Summer Season and Social Calendar. Apparently the third largest sporting event in the World (in terms of the number of entrants), it is open to all from the most humble to the most exotic of race machinery sailed by crews of all ages and skill levels.
The Round the Island Race is a spectacular event with over 1,600 yachts entering the race this year. Starting and finishing just outside the Royal Yacht Squadron in Cowes on the Isle of Wight, the cannon fires shoreside as the tide turns and as many as 2,000 yachts and more than 10,000 crews head westwards on the ebb tide in search of the first mark at The Needles Rocks. The entire race is sometimes best described as managed carnage, so our skipper, Mortgage Required’s Managing Director, Tim Atkinson, admitted to some nerves as he guided his pride and joy through the pre-start chaos.
The Mortgage Required Team left Hamble River at 06:30hrs in order to reach the start line in good time, with the reward for an early start being juicy sausage butties washed down with copious mugs of strong tea.

The race itself was fast and we set a good time, circumnavigating the 60 mile course around the island in a little over 8 hours and 26 minutes, just 60 seconds slower than our 2013 Race. Unlike previous years, we managed to not only finish the race in one piece with no damage, but we also finished well up the fleet in 168th place overall and 13th in Class, beating a 19th in class for us in 2013 (250th overall) and a retirement last year.
No doubt there will be some stiff limbs and sun burnt faces this week, but if you spot some big smiles in the office you can probably guess who was racing at the weekend. In the meantime, just 362 sleeps until Round the Island Race 2016!
4 days ago
Here are the lowest fixed mortgage rates of the week, available to first-time buyers, home movers, buy-to-let, and those remortgaging.
Call us for more information: 01628 507477 or email: team@mortgagerequired.com.
Maidenhead, Berkshire – 26th January 2026 – Dedicated independent mortgage experts, Mortgage Required, are delighted to have acquired fellow experienced brokerage, Y-Not Finance.
The acquisition connects two well-respected brokerages, both with a wealth of experience and shared values, to continue providing the best advice on all aspects of the mortgage market.
As part of the UK government’s plans to change the leasehold system to help families struggling with unaffordable ground rent costs.
The Prime Minister announced this morning (27 January) that ground rents will be capped at £250 per year, reverting to a peppercorn rate after 40 years.
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Property search site Zoopla has estimated that the UK housing market will end 2025 with approximately 1.15 million completed sales – 4.5% more than the previous year.
Take a look at the 2025 summary of the UK housing market.
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Just because the Bank of England decides to reduce the base rate, this doesn't automatically mean that your mortgage rate will go down.
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