The Post Office has today cut rates on a number of its mortgage products, offering a wider diversity and across its two and five year fixed mortgage range.
The new rates are as follows:
– Two year fixed rate (no fee) at 3.19% (80% LTV)
– Two year fixed rate (no fee) at 3.49% (85% LTV)
– Five year fixed rate (£995 fee) at 2.85% (75% LTV)
– Two year fixed rate (£1,995 fee) at 1.70% (60% LTV)
– Five year fixed rate (£995 fee) at 3.69% (85% LTV)
Head of Post Office mortgages, John Willcock, comments:
“The rates on many of our products have been significantly reduced, while some are also fee-free. Buyers are hungry for a good deal and our new rates offer some of the most competitive in the market.
“The diversity of our range means whether you’re hunting for your first ever home or looking to move, there is something suitable for your needs. We put our customers first and want to offer the best range possible to help them buy their home in the way that suits them best.
“Our two-year fixed-rate mortgage at 3.49% (85% LTV) comes without an arrangement fee and is ideal for those borrowers who are looking for a mortgage with a smaller deposit. Saving up the money for a deposit can sometimes seem like a real struggle so every effort must be made to keep initial costs at a low.”
For free independent whole of market mortgage advice contact Integrity IFA now or visit our website to use our free mortgage source and calculator.
For free independent mortgage advice in Edinburgh and the Lothian’s contact Integrity IFA now.
