New mortgages from the Post Office

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Post Office

The Post Office has today launched a range of new mortgage products.

The 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).

Other changes include a rate reduction on its two-year fixed rate mortgage at 90% LTV (£1,495 fee) for first-time buyers, 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.”

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