Portman Building Society is revamping its mortgage range and adding three
The loans in the revised range include a long-term discount, a two-year
successor discount and a discount with no fees.
The long-term discount mortgage offers a 0.5 per cent discount on the
standard variable rate of 7.49 per cent until June 1, 2005.
The successor discount offers a 1.5 per cent discount on the SVR until
June 1, 2002 and is capped at 6.99 per cent. Borrowers can then move on to
another Portman mortgage.
The discount with no fees mortgage does not impose penalties for
acceptance or early repayment. The discount is 1 per cent until June 1,
Three new products available exclusively through the society's 115
branches are a base-rate tracker, a rapid remortgage and a two-year fix at
5.99 per cent until June 1, 2002.