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Post Office Money launches new low-rate three-year fix

by Vanya Damyanova
April 2, 2015
Mortgage specialists at three additional Post Office branches
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Post Office Money today announced the launch of two new fixed mortgage deals, complementing its competitive rate product range.

Post office (cropped, square)The lender is offering customers a 1.75 per cent three-year fix at 60 per cent loan-to-value (LTV) and a £1,995 arrangement fee.

A higher LTV offer, at 75 per cent, has been launched as well. The product is fixed for five years at a rate of 2.49 per cent. The arrangement fee stands at £995.

Other highlights of the lender’s competitive rate portfolio include:

  • A 1.25 per cent two-year fixed rate mortgage at 60 per cent LTV with a £1,995 arrangement fee
  • A 1.83 per cent two-year fixed rate mortgage at 80 per cent LTV with a £995 arrangemebt fee
  • A 2.19 per cent two-year fixed rate mortgage at 85 per cent LTV with a £995 arrangement fee

Post Office Money also has a product on offer for customers on the state-supported Help to Buy scheme. A fee-free two–year mortgage with a fixed rate of 3.98 per cent, at 95 per cent LTV.

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Customers can pick up information about the new mortgage range and rates online or at a Post Office branch. There also is a customer support number (0800 077 8033). Terms and conditions are available on the lender’s website.

Tags: fixed rate mortgagesfixed ratesrate cuts
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