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POST OFFICE MONEY LAUNCHES MARKET-LEADING MORTGAGE DEALS

Press release   •   Apr 02, 2015 14:21 BST

  • Post Office Money’s latest mortgage range includes market-leading fixed rate and Help to Buy deals
  • Deals mark its commitment to becoming a top five financial services provider by 2020 by offering competitive products

Post Office Money continues to shake up the mortgage market by today announcing the launch of several new deals.

The new deals include:

  • 60% LTV 1.75% three-year fixed rate mortgage (£1,995)
  • 75% LTV 2.49% five-year fixed rate mortgage (£995)

These join other table-topping deals including:

  • 60% LTV 1.25% two-year fixed rate mortgage (£1,995 arrangement fee)
  • 80% LTV 1.83% two-year fixed rate mortgage (£995 arrangement fee)
  • 85% LTV 2.19% two-year fixed rate mortgage (£995 arrangement fee)
  • 95% LTV 3.98% Help to Buy two –year fixed rate mortgage (no fee)

Its current range includes best-in-market fixed-rate deals and a table-topping Help to Buy product. This is in addition to Post Office Money launching its lowest-rate fixed-rate mortgage ever last month, a 1.25% two-year fixed rate.

John Willcock, Head of Post Office Money Mortgages, said: “We are committed to providing the UK’s buyers and movers with competitive deals that meet their needs. Post Office Money understands the challenges of getting on and up the ladder and will continue to develop products that help customers as much as possible."

Customers can pick up information about the new mortgage range and rates online at postoffice.co.uk/mortgages or from one of over 11,500 Post Office branches across the UK. Customers can also arrange a call-back from a mortgage specialist at the call centre, via all branches, or call the Post Office directly on 0800 077 8033. Terms and condition can be found at postoffice.co.uk.

FULL DETAILS OF ALL MORTGAGES AVAILABLE:

About the Post Office

The Post Office (Post Office Limited) has an unrivalled national network of over 11,500 branches across the UK, more than all the high street banks combined, and sits at the heart of communities in Northern Ireland, Scotland, Wales and England. The Post Office has made a commitment to maintaining its network of branches at its current size and reach. It provides around 170 different products and services spanning financial services including savings, insurance, loans, mortgages and credit cards; Government services; telephony; foreign currency; travel insurance and mail services.

The Post Office serves over 17 million customers a week and a third of small businesses. Some 99.7% of the total population live within three miles of a post office and over 97% live with one mile of a post office. For many rural communities, the post office is the only retail outlet. Post Offices branches remain highly valued and trusted, and are the focal point of many communities. For more information, visit http://www.postoffice.co.uk/.

Please note the Press Office team can only deal with enquiries from the media.  Unfortunately they do not have access to customer information so can not help with customer enquiries.

If you have an enquiry regarding any Post Office product or service please visit postoffice.co.uk or call 0845 611 2970 Local call rates apply. Call costs may vary depending on your service provider. Calls may be monitored or recorded for training and compliance purposes.

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