Mortgage rates cut by the Post Office

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The Post Office has cut the introductory rates across its range of mortgages for both fixed rate and tracker products.

The Post Office has cut the rates on its two, three and five-year fixed rate deals for 60% loan to value (LTV) and its tracker deals for 60% and 80% LTV. It has also reduced the rate of its 80% LTV five-year fixed rate product.

All Post Office mortgage customers have a fixed arrangement fee of £599.

Post Office head of Llending, Az Alibhai said: “Since announcing our expanded range we have seen a great deal of interest from both new and existing Post Office customers. These rate changes are a clear sign we are committed to offering competitive and market leading rates across our range

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