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Post Office powers to the top of the mortgage tables

1st September 2014 Print

Post Office has launched a range of new mortgage deals, including a number of market-leading products. This latest range highlights Post Office’s dedication to challenging traditional high street lenders by offering competitive products that suit a variety of customer needs. Several of the deals occupy the top spots in the best buy tables.

Post Office’s new range includes a branch exclusive which offers customers a two-year fixed deal at a rate of 2.58% and comes free of fees (75% LTV).

Other market-leading products available include:

2.38% two-year fixed rate mortgage at 65% LTV (no fee)

1.98% two-year fixed rate mortgage at 75% LTV (£995 fee)

Post Office has continued to position itself as a force to be reckoned with in the mortgage market over recent years. Notable milestones in 2014 alone include the unveiling of a highly competitive range available through brokers, signing up to the government’s Help to Buy scheme, recruiting over 100 mortgage specialists and re-entering the Buy to Let market.

John Willcock, Head of Post Office Mortgages, said: “In a competitive market it is important to stand out, and with our rates and service offering we are able to offer customers an alternative to traditional high-street lenders.  Customers want to know they’re in safe hands when it comes to taking out a new mortgage. A big part of this is ensuring they feel reassured by the service and information they receive – and that as well as knowing they are getting the best deal.  

“At Post Office, we are always looking for opportunities to review our product range so that we can offer our customers the best mortgage possible to meet their needs. We recognise what an important and occasionally daunting process finding a new mortgage can be and so we offer customers support through every stage of the process.

“We are committed to offering customers the best deals and service across our full range of financial services products, whatever their needs.  Whether they’re looking for a new mortgage, current account, or way to manage their savings, we recognise that no two customers are the same.  By giving them the choice of contacting us online, over the phone or in one of our 11,500 branches we are able to cater to their needs.”

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