UK: PORTMAN LAUNCHES THREE-YEAR DISCOUNT MORTGAGE

Article Abstract:

Portman Building Society has introduced a three-year discount mortgage in steps, with a discount of 2% given in the first year until July 2002, a discount of 1.5% in the second year until July 2003, and a discount of 1% in the third year until July 2004. There is no mortgage risk fee for loans of a maximum 90% loan-to-value, but there is an acceptance fee of GBu 300. There is also a redemption penalty until July 2004 of 5% of repaid capital.

Publisher: FT Business
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
Marketing procedures, Private Debt

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UK: New mortgage from Portman Building Society

Article Abstract:

A new mortgage from Portman Building Society offers a three-year fixed rate of 4.99%. There is an acceptance fee of GBu 300, with borrowers being able to repay up to 10% of the original loan without facing repayment fees, for each 12 month period from February 2002 until February 2005. The building society is also making available a five-year capped-rate mortgage with a rate of 5.75%.

Publisher: FT Business
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001

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UK: SVR MORTGAGE RATE FROM PORTMAN FALLS

Article Abstract:

Portman Building Society is offering standard variable rate (SVR) mortgages to new customers in the UK at 6.54% interest, down 0.25%. There is also a fixed rate of 5.19%.

Publisher: FT Business
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001

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Subjects list: United Kingdom, Retail banking, Portman Building Society, Mortgages
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