Portman BS Mortgages and Loans
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Portman BS Mortgages and Loans
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The head office of the Portman Building Society is located in Bournemouth, Dorset, in the south of England. It was originally founded in 1846 and is currently the third largest building society in the United Kingdom. At the time of writing there is talk of the Portman merging with the largest Building Society in the world – the Nationwide. This announcement was first made on the 12th September 2006 and should the merger go ahead, it would create a mutual body with assets of more than £150 billion.
The Portman Building Society is a mutual organisation which means that it is owned by its members and not external shareholders. They are extremely proud of their mutual status and are keen to remind potential members that any profits are returned to their members in the form of competitive rates, exceptional products and quality service, and not to external shareholders in the form of dividends.
The Portman Building Society is the largest regional building society in the south of England with 154 branches and assets exceeding £15 billion. They offer an extensive range of products including savings, mortgages, investments, loans, insurance and pension products.