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Portman launches new core mortgage range

Portman is launching a new core mortgage range for borrowers wishing to take advantage of the continued low interest rate environment. The portfolio includes fixed, capped, discount and tracker deals.

Highlights include a three-year fixed rate of 4.14% and a five-year fix at 4.79%. Both deals are available up to 95% LTV.

In addition to competitive rates, the range also features a number of &#39fees free&#39 deals and an easy remortgage service is available on several of the products.

Helen Shaw, group communications manager, says: “Our latest mortgage range continues to feature a variety of highly competitive products intended to meet differing needs. The introduction of a new five year capped rate gives borrowers the flexibility to benefit from further interest rate cuts should SVR fall below the capped rate.

” In addition, rates which combine the benefit of &#39frees fee&#39 or &#39Easy Remortgage&#39 give the borrower extra choice and with Christmas fast approaching, now is a good time for borrowers to reconsider their current mortgage.”


BMS counts benefits of MPPI

Birmingham Midshires Solutions is urging consumers to take mortgage payment protection insurance to safeguard against accident, sickness or unemployment. Figures from the CML show that only 31% of Britons have insured their mortgage payments against the worst happening. The BMS campaign involves flagging up the benefits of MPPI. These include protected mortgage payments if borrowers […]

OFT launch doorstep selling investigation

The OFT has launched an investigation into &#39doorstep selling&#39 following a super-complaint from the National Association of Citizens Advice Bureaux. A wide range of goods and services are sold in the home – including financial services and mortgages. While this facility is useful for many consumers &#45 and indeed for some it is essential &#45 […]

Seller&#39s packs and e-conveyancing must work together, says CML

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TMO chooses new mortgage application system

The Mortgage Operation has chosen a new mortgage application processing system in the form of SDS MAPS, from SDS Applications. After an extensive search TMO decided upon SDS for its system design, flexibility and user-friendliness of the system. Mark Charlesworth, managing director of TMO, says: “We selected SDS because of their strong track record and […]


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