Portman Building Society has struck a deal with Pinnacle Insurance to guarantee existing premium rates for borrowers who take out mortgage payment protection insurance (MPPI).
Under the terms of the deal, Portman is guaranteeing prices for the next twelve months and current premium rates to its existing policyholders for the same period.
Portman's group operations director Matthew Wyles said: "The Society is firmly committed to ensuring its borrowers receive the very best MPPI protection and we believe Pinnacle are ideally placed to deliver it."
