Post Office has introduced a new two-year tracker mortgage at 1.94 per cent (£995) and reduced rates on its existing two year tracker from 2.89 per cent to 2.19 per cent (£995).
The new rates also include:
- Three-year fixed rate (£995 fee) reduced from 2.45% to 2.38% (75% LTV) – best in market
- Two-year fixed rate (£995) fee reduced from 2.79% to 2.74% (80% LTV) – best in market
- Two-year tracker (no fee) reduced from 2.89% to 2.19% (75% LTV) – best in market
- NEW two-year tracker (£995) fee at 1.94% (60% LTV) – best in market
These products are currently available to customers.
John Willcock, Head of Post Office Mortgages, said: “The Post Office’s latest mortgage rates are our best ever and continue to offer a range of great value deals for potential homebuyers, whatever their situation. The rates on many of our products have been significantly reduced, while some are also fee-free. Buyers are on the lookout for good deals and our new rates are right at the top of the best-buy lists.”
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