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.”