Post Office has entered the mortgage rate war, today launching six mortgage deals which it says are market-leading.
The new products are mostly in the five-year fixed rate range, although they also include a two-year fixed deal at 1.54 per cent, with 60 per cent loan-to-value (LTV) and a £1,995 arrangement fee.
Other deals on offer are:
- 3.49 per cent five year fixed rate mortgage at 80 per cent LTV (no fee)
- 3.65 per cent five year fixed rate mortgage at 85 per cent LTV (£995 fee)
- 3.79 per cent five year fixed rate mortgage at 85 per cent LTV (no fee)
- 4.09 per cent five year fixed rate mortgage at 90 per cent LTV (£995 fee)
- 4.45 per cent five year fixed rate mortgage at 90 per cent LTV (no fee)
John Willcock, head of Post Office mortgages, says: “We have consistently offered some of the best deals on the market this year, allowing us to challenge the traditional high-street lenders. These latest deals highlight our commitment to providing customers with products that meet their needs, no matter what type of buyer they are”.
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