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Loans Latest News Portman cuts mortgage rates
Loans Latest News Portman cuts mortgage rates Portman cuts mortgage rates
Portman Building Society has cut interest rates on two of its core mortgage products.
The building society has trimmed its three-year fixed mortgage rate to 4.39 per cent from 4.69 per cent, and cut the five-year fixed rate mortgage from 4.50 per cent to 4.45 per cent.
The changes will come into effect from Saturday 30th July.
Commenting on the cuts, Helen Shaw, Portman's group communications manager, said: "Portman continues to be a market leader in a highly competitive mortgage market. We continue to be a best buy in three and five-year fixed rates.
"This latest rate cut is designed to keep us ahead of the competition offering a fantastic rate for customers.
"We are confident that these new rates offer some of the best deals on the market."
The building society has trimmed its three-year fixed mortgage rate to 4.39 per cent from 4.69 per cent, and cut the five-year fixed rate mortgage from 4.50 per cent to 4.45 per cent.
The changes will come into effect from Saturday 30th July.
Commenting on the cuts, Helen Shaw, Portman's group communications manager, said: "Portman continues to be a market leader in a highly competitive mortgage market. We continue to be a best buy in three and five-year fixed rates.
"This latest rate cut is designed to keep us ahead of the competition offering a fantastic rate for customers.
"We are confident that these new rates offer some of the best deals on the market."
Friday, 29 July 2005 13:03
Top 5 Personal Loans
|
Loan |
Representative APR |
Min Loan |
Max Loan |
Min Term |
Max Term |
Apply |
|---|---|---|---|---|---|---|
| View Full Table > | ||||||
 |
6.8%
|
£7,500
|
£14,999
|
1 Year
|
5 Years
|
|
| Representative Example: £7500 borrowed over a period of 5 years at 6.8% (fixed) equals monthly repayments of £148 and a total amount repayable of £8,868. There are no other charges included in the total charge for credit. | ||||||
 |
8.2%
|
£5,000
|
£7,499
|
1 Year
|
7 Years
|
|
| Representative Example: £5000 borrowed over a period of 5 years at 8.2% (fixed) equals monthly repayments of £102 and a total amount repayable of £6,112. There are no other charges included in the total charge for credit. | ||||||
 |
6.1%
|
£7,500
|
£14,999
|
1 Year
|
10 Years
|
|
| Representative Example: £7500 borrowed over a period of 5 years at 6.1% (fixed) equals monthly repayments of £145 and a total amount repayable of £8,721. There are no other charges included in the total charge for credit. | ||||||
|
|
8.1%
|
£15,001
|
£25,000
|
1 Year
|
7 Years
|
|
| Representative Example: £15001 borrowed over a period of 5 years at 8.1% (fixed) equals monthly repayments of £305 and a total amount repayable of £18,293. There are no other charges included in the total charge for credit. | ||||||
|
|
6.1%
|
£7,500
|
£15,000
|
1 Year
|
7 Years
|
|
| Representative Example: £7500 borrowed over a period of 5 years at 6.1% (fixed) equals monthly repayments of £145 and a total amount repayable of £8,721. There are no other charges included in the total charge for credit. | ||||||
