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Portman makes further product changes

Amanda Jarvis

January 28, 2005

These are effective from Saturday 29 January 2005.

– 2 Year Fixed – NOW 2.35%*
– 2 Year Fixed Direct Business Only – NOW 4.48%
– 2 Year Fixed Introducer Only – 4.74%
– 3 Year Fixed – 4.79%
– 5 Year Fixed – 4.89%
– 2 Year Discount – NOW a discount of 2.26%, giving a pay rate of 4.48%
– Flexible Tracker (BBR + 0.24%), pay rate 4.99%
– 2 Year Base Rate Tracker – NOW BBR – 0.06%, giving a current pay rate of
4.69%
– The end date on all the above products has been extended to 31 March
– A full Product Guide follows this press release

Commenting on the changes, Portman's Group Communications Manager, Helen Shaw said, “This year has started well for borrowers who are looking to purchase or remortgage, with many lenders trimming back their mortgage rates. Portman is no exception to this and as the changes today show, we continue to offer attractive rates on a range of fixed, discounted and tracker mortgages, many of which are market-leaders.”


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