Post Office shakes up the mortgage market with new market leading deals

Post Office has launched a range of new market leading mortgage deals, reinforcing its position as one of the most competitive providers in the market. All new mortgages are available to customers now.
 
Today’s new deals include its 1.88% two-year fixed rate mortgage at 75% LTV (£1,495 fee) and a 2.28% two-year fixed rate deal at 80% LTV (£1,495 fee), which places them firmly at the top of the best buy tables. Other changes include a rate reduction on its two-year fixed rate mortgage at 90% LTV (£1,495 fee) for FTBs, along with two new additions to its 90% LTV range.
 
Full list of new deals:

Two-year fixed rate at 75% LTV – 1.88% (£1,495 fee)
Two-year fixed rate at 80% LTV – 2.28% (£1,495 fee)
Five-year fixed rate at 80% LTV – 3.29% (£1,495 fee)
Two-year fixed rate at 85% LTV – 2.78% (£1,495 fee)
Three- year fixed rate at 90% LTV – 3.94% (£995 fee)
Five-year fixed rate at 90% LTV – 4.29% (£1,495 fee)
 
John Willcock, Head of Post Office Mortgages, said: “Post Office’s mortgage offering continues to go from strength to strength – cementing our position as not only one of the most competitive lenders on the market, but also one of the fastest growing. Today’s announcement highlights our on-going commitment to put our customers first and offer great value mortgages, whether you are a first time buyer or looking to move.
 
“Finding the best mortgage can be a daunting task, especially if you’re a first-time buyer. For those that want some extra help during the buying process, our mortgage specialists in branch are on hand to offer support.”
 
Customers can pick up information about the new mortgage range and rates online at postoffice.co.uk/mortgages or from one of over 11,500 Post Office branches across the UK. Terms and condition can be found at postoffice.co.uk.