Portman updates fixed rate range

Due to recent movements in market rates, Portman says it is making a number of changes to its range of fixed rate mortgage products.

All the product changes will be effective from Thursday April 8 with the exception of the society&#39s five-year fixed rate mortgage at 4.99% which has been withdrawn with immediate effect.

• The two-year fixed &#45 1.84% will be replaced with a two year fixed – 1.99%.

• The two year fixed &#45 4.49% will be replaced with a two year fixed – 4.69%.

• The two year fixed &#45 4.79% &#39fees free&#39 will be replaced with a two year fixed – 4.99%.

• The five year fixed &#45 4.99% will be replaced with a five year fixed – 5.25%.

• A new three year fixed – 4.99% will be launched.

All end dates for new fixed rate products will be 1 June and there are no further changes to Portman&#39s mortgage products.