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Post Office launches competitive new mortgage deals

17th April 2014 Print

Post Office has launched its new range of mortgage deals in its latest challenge to the market, including a branch exclusive with no arrangement fee targeting the re-mortgage market.

This comes as Post Office renews its commitment to its branch network by expanding its mortgage specialist programme.
 
Today’s new deals include:

Branch exclusive: 4.25% two-year fixed rate mortgage at 90% LTV (no fee)

3.48% two-year fixed rate mortgage at 90% LTV (£1,495 fee)

1.63% two-year fixed rate mortgage at 65% LTV (£1,995 fee)

3.15% five-year fixed rate mortgage at 75% LTV (£995 fee)
 
These new products follow the recent unveiling of Post Office’s Help to Buy rates, as the business continues to offer consumers an alternative to the traditional high street mortgage lenders.
 
John Willcock, Head of Post Office Mortgages, said: “Post Office recognises what an important decision choosing a mortgage can be, that’s why we work hard to provide extra assistance such as our dedicated mortgage specialists who are available in 100 branches to aid customers.”
 
“Post Office provides competitive mortgage products suitable for any customer, whether they are a first-time buyer, mover or someone hoping to remortgage. We are committed to offering a real alternative to the established mortgage providers in the UK.”
 
Customers can pick up information about the new mortgage range and rates online at postoffice.co.uk/mortgages. Terms and condition can be found at postoffice.co.uk.