The three year fixed deal is a 75% LTV mortgage at a rate of 2.48% (£1,495 fee). Other products include a 1.98% two year fixed rate mortgage at 75% LTV (£995 fee), which features in the best buy tables.
Other new residential products include a 2.98% three-year fixed rate mortgage at 60% LTV (no fee) and a 3.59% five-year fixed rate mortgage at 60% LTV (no fee).
Buy-to-let deals include a 3.75% five-year fixed rate mortgage at 60% LTV (£1,995 fee) and a 4.09% five-year fixed rate mortgage at 75% LTV (£1,995 fee).
John Willcock, Head of Post Office Mortgages, said:
“In a competitive market it is important to stand out, and with our rates and service offering we are able to offer customers an alternative to traditional high-street lenders, whether they’re looking for a residential or buy-to-let mortgage. We’re dedicated to ensuring customers feel they are in safe hands when it comes to taking out a new mortgage and hope that with these new rates they also know they are getting the best deal.”
“At Post Office, we are always looking for opportunities to review our product range so that we can offer our customers the best mortgage possible. We recognise what an important and occasionally daunting process finding a new mortgage can be, and so offer several means of support so that people can buy in the way that suits them best."
