Portman two-year fixed rate mortgage added to range

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Portman two-year fixed rate mortgage added to range

A Portman two-year fixed rate mortgage has been opened up to the intermediary market, the building society has announced.

The product, which Portman says is "market-leading", comes with a fixed 4.3 per cent rate.

Another new fixed with tracker mortgage is also being launched exclusively for the intermediary market and is aimed at borrowers looking to take out a three-year product.

This product is fixed at 3.99 per cent until January 31st 2008 and then moves on to a tracker on the bank base rate plus one per cent.

Paul Howard, of the building society, said that the Portman two-year fixed rate mortgage was "highly competitive" and expected it to be "particularly popular as this is currently a best buy deal in the market".

Portman is Britain's third largest building society and the 13th largest mortgage lender in the country.

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