The new products include a two year fixed deal at 60% LTV at a rate of 1.54% (£1,995 arrangement fee), as Post Office enters the current rate fray. Other deals on offer are:
- 3.49% five year fixed rate mortgage at 80% LTV (no fee)
- 3.65% five year fixed rate mortgage at 85% LTV (£995 fee)
- 3.79% five year fixed rate mortgage at 85% LTV (no fee)
- 4.09% five year fixed rate mortgage at 90% LTV (£995 fee)
- 4.45% five year fixed rate mortgage at 90% LTV (no fee)
John Willcock, Head of Post Office Mortgages, said:
“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”.