In theory a legal challenge could be brought against the portman, because the members own the society. Copies of the fsas written decision are available here. I was therefore taken aback to hear of the proposed merger with the portman, not from the nationwide but the media. In december 1993, the st pancras merged with the portman, followed in july 1997 by the greenwich building society. The news comes just two weeks after portman announced it had approval to merge with lambeth.

Members of the nationwide may see better offers on accounts but staff they may face uncertainty over their jobs. Www future mortgages co uk. Were i a portman member i would certainly have arguments against it as i can see very little in it for them either. But there is no point rushing off to open a portman account now. Houses mortgage. I have found that the staff at my local branch are very helpful and i usually end up happy. Copies of the decision will be sent to each society and to those who made representations. Seven written representations were received by the fsa.

Portman is a mutual organisation, owned by its members. Alternatively, visit our savings , tax- free or cheque account pages for full details on the products we offer. Let us do the leg work. Reviews of portman building society. So it is ok for savings but not my bank account, as there is too little customer service. Campaigners say there is injustice where, for example, sisters are living together in the same property. Everyone goes out of their way to help each other and we always put the customer first  which is probably why theyre so loyal to us. However, the merger may be one step to far for old lambeth and staffordshire customers who have already had takeovers within the last 12 - 18 months.

The deposit account is restricted to £500 per day cash withdrawal. mortgage trust limited This is clearly a case of nationwide taking over the portman. The deal will also mean windfalls for many of the portman's 1.

Rss news portman building society u15 national club championship. The portman building society are sponsors of the 20 overs- a- side portman building society national under 15 club championship that attracts an entry of over 1600 clubs from 40 counties. The apr is very good compasred to major high street lenders. Unfortunately some people will lose their jobs. On a repayment mortgage, the portman came up trumps although they don't offer the frills and freebies that some mortgage companies offer.

I also fail to see why portman members should receive cash when nationwide members will not. What has been won or lost since the demise of the ussr? If the fsa was anything more than a bunch of stooges it would kick this merger into touch without hesitation.

See how much you can save when you purchase portman’s travel insurance ……. For 9 months on balance transfers made in the first 90 days. Financial services authority confirm lambeth building society merger with the portman building society. Related offers for portman building society display all offers next page editor's choice. Find morgage. I am only surprised that so few building societies have merged in recent years. How many people in that queue are withdrawing money when they could do it at a machine?Mortgage lead generation.

I live in greenwich and the nearest branch is in lewisham or at bank/cheapside. As members of both societies, we feel that the term merger is a misrepresentation. The burden sisters say they are being discriminated against a case is underway to test whether inheritance tax rules are fair to relatives who live together. I willingly agreed that i would not be entitled to any windfall payments of any kind in the future. Mortgage lead generation. Tony bartlett, east sussex portman members should say no to a deal which sells the society at a rock bottom price.