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Portman revises fixed rates

Portman has made a number of changes to its fixed rate mortgage range following the recent rise in swap rates.

The society is now offering a two-year fixed rate of 4.83%, or 5.59% with no arrangement fees.

Its three-year fixed rate is now at 5.25% or 5.49% with no arrangement fees.

It is also offering a three-year fixed rate at 5.25% with a £499 arrangement fee, and at 5.09% with an arrangement fee of £599.

Portman is also offering a five-year fixed rate at 5.15% with a £599 arrangement fee, or 5.29% with an arrangement fee of £499.

It is also offering a five-year fixed rate at 5.25% or at 5.39% with no arrangement fee.


Tories look at extending Community Land Trusts

The Conservative Party has set up a task force to investigate how the extension of Community Land Trusts could help more first-time buyers get on the property ladder.

BM Solutions scraps signed declarations

BM Solutions has revealed it is removing its signed standard declaration from January 15.The lender says it will be the first lender not to require a written customer signature for a mortgage to complete. Instead of getting their clients to sign a declaration, brokers will need to confirm within the ‘one minute mortgage’ that their […]

BoS launches low rent calculation buy-to-let

Bank of Scotland Mortgages is launching a range of buy-to-let products with a low rental income calculation.The buy-to-let products will continue to be self-financing, now based on an annual rental income of 125% of the annual interest only mortgage payments using Bank of Scotland base rate plus 0.50%. This represents a 0.25% reduction on the […]

Help for overseas investors

An online service for overseas property investors has been launched to help people find the best places to invest their money. helps potential investors make informed choices on where to put their money to get the best returns by providing professional and unbiased financial analysis of investment opportunities overseas.


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