Portman Building Society two-year mortgage rate reduced
www.moneynews.co.uk > Mortgages > Portman Building Society two-year mortgage rate reduced
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Money News |
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Portman Building Society two-year mortgage rate reduced
Fri 8th Jul 2005
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A reduction of 0.05 per cent for the two-year fixed-rate mortgage has been announced, from 4.39 per cent down to 4.34 per cent.
The early repayment charge on the mortgage will also be reduced from four per cent down to three per cent.
Helen Shaw, group communications manager at the Portman Building Society, commented on the cut.
"Interest rates have remained on hold once again this month, and fixed-rate mortgages are looking increasingly attractive to borrowers looking to tie their mortgage in to a low rate," she argued.
"This change underlines our commitment to providing a range of highly competitive mortgage rates accompanied by a transparent lending criteria."
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