This new partnership significantly strengthens the Mortgage and Loan Supermarket administered by PTI which already provides access to over 70 lenders.
Portman's products will bring a 'Best Buy' element to the range, offering a choice of fixed, discounted and tracker rate. The famously popular fees free 'easy remortgage' facility will be available up to the usual 75% LTV at a 2 year discounted rate of 3.55% (5.3% APR). Purchases and remortgages up to 95% start from as low as 3.34% (5.3% APR) for a 2 year discount.
Sun Bank, the specialist lending arm of the Portman Building Society Group, bring expertise in Buy to Let mortgages, true self cert without the need to state income (rather declare affordability) and Complex Prime for those difficult to place cases.
Paul Howard, associate director for Group Intermediary sales comments " We are delighted to join forces with Personal Touch. I feel the broad combined product offering of both the Society and Sun Bank will be welcomed by their agents who already enjoy the wide and various services provided by PTI. We look forward to the becoming a very successful joint venture."
Mike Allison, Managing Director of PTI says “ as we move towards N4 it is our objective to offer intermediaries the widest possible range of quality Products and Services. The addition of the Portman and Sun Bank to our Mortgage Club supports this goal and further enhances our position as a major player in the Mortgage market. “
