The Portman Building Society is offering a new range of mortgage products offering home buyers a wide range of benefits.
The range includes the Successor Mortgage offering rates of 6.49 per cent until 7 January 2001, LTV of 95 per cent and no early repayment fee.
The lender is also offering a short-term, fixed-rate mortgage at 4.99 per cent fixed until January 2001 with a maximum LTV of 95 per cent and 25 per cent penalty-free capital repayment in the first five years.
The long-term, capped-rate mortgage has a rate of 6.75 per cent capped until 7 January 2001, with LTV of 95 per cent, and 25 per cent penalty-free capital repayment in the first five years.
The cashback mortgage has a variable interest rate – currently 8.55 per cent LTV up to 95 per cent and five per cent cashback up to a maximum of £10,000.