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Portman offers 100% on purchase and remortgage

Portman is now offering 100% LTV on both purchase and remortgaging products, as well as changing the rates on its 100% fixes.

The two-year 100% fixed rate is now at 5.69%, with a three-year at 5.63% and the five-year at 5.59%.

Matthew Wyles, group development director at Portman, says: “Our research shows that there is a growing need for 100% remortgages. Instead of just helping first time buyers with these loans, the 100% remortgage product means we can now help people coming out of divorce who, as a result, may have a limited amount of equity.”


Details of property sales online

Househunters now have unlimited access to details of properties that have been sold across the UK in the past 12 months when searching for a property on Consumers can make comparative price checks using the official Land Registry sold figures to ensure a house is correctly valued.

Origo tool to boost firms’ security

Origo has launched the Unipass Control Centre tool to help firms improve their online security.The service enables users to track the progress of their members’ applications and view certificate status details online, as well as helps manage company leavers and the removal of their certificates.It can also be used to reissue lost or compromised certificates, […]

B2L deals from Stroud & Swindon

Stroud & Swindon has expanded its buy-to-let range with four products for investors looking to protect their portfolios against further interest rate rises.

We hope brokers can get past the headlines on Abbey

From Ricky Okey I was disappointed to read the analysis of Abbey’s latest mortgage offering by Peter Mounty (Mortgage Strategy November 13) as he had not made much effort to research his subject matter before putting pen to paper. He may have found that on closer inspection (or even a casual glance) Abbey’s new offering […]

India Election Update

What a difference six months makes. Speaking in September last year, we had warned of ‘excessive pessimism’ afflicting the market’s perception of India. Since then, responsible central bank policy from the Reserve Bank of India (RBI), alongside improving global growth, has meant that India’s macro environment is strengthening quickly. The current account deficit has shrunk, inflation is falling and the government has embarked on a heavy dose of much needed fiscal consolidation. As a result, the rupee has been one of the strongest global currencies this year while the market has touched all-time highs, rallying by more than 20 per cent (GBP) since September. This begs the question: are we now in a period of ‘irrational exuberance’? Not yet.


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