The Post Office has cut the rates on its fixed and tracker mortgage products, and launched a new range of 75% loan-to-value mortgages.

Following cuts to the range at the end of January, the Post Office has further reduced the rates on its two, three and five year fixed rate deals for 60% LTV and its 80% LTV two-year fixed deal.

In addition, it has introduced a range of 75% LTV mortgages, including a tracker with a rate of 3.19%, and two, three, and five year fixed products starting at 3.89%.

All products come with a fixed arrangement fee of £599.

Post Office mortgages manager, Alastair Watts, said: “With speculation that we could see a rise in the bank base rate soon