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Post Office Money launches market-leading mortgage deals

Press Release   •   Feb 22, 2016 15:27 GMT

  • Post Office Money launches market leading new mortgage rates, including fee-free options

Post Office Money has today launched a new range of market-leading fixed rate mortgages, as it continues its bid to become one of the UK’s leading financial services providers.

The new range includes two market-leading deals:

  • 3 year fixed 2.24% 85% LTV (£1,495)
  • 3 year fixed 2.68% 90% LTV (£1,495)

Competetive Help to Buy deals, ideal for first-time buyers and those with smaller deposits, include:

  • 3 year fixed 4.25% 95% LTV (£0)
  • 5 year fixed 4.48% 95% LTV (£0)

Customers can get information about the new mortgage range and rates online at www.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 www.postoffice.co.uk.



John Willcock, Head of Post Office Money Mortgages, said: “We understand the first-time buyer market is as challenging as ever, with our own research showing that almost half of all UK renters doubt they will ever get onto the property ladder. With homeownership seeming a distant goal for many, we want to do everything we can to help.

“This is why we have a range of products suited to the needs of first-time buyers, including short and longer term deals with a high loan to value, as well as those suiting the diverse needs of all those looking to buy or move home. Our new range reflects our ongoing commitment to providing the best value possible to all our customers."

Ends

For more information, please contact:

Carmel McCarthy

Post Office Money Press Office

0207 250 2268

Carmel.mccarthy@postoffice.co.uk

www.postoffice.co.uk

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.