Post Office mortgage rate cut

Money News

www.moneynews.co.uk > Mortgages > Post Office mortgage rate cut

Topics

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Features

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Companies

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Money News

bullet
bullet
bullet
bullet
bullet

Post Office mortgage rate cut

A new Post Office mortgage rate cut could mean that its three-year fixed-rate home loan is the best of its kind on market, according to the organisation.

The interest rate associated with the Post Office mortgage has been decreased to 5.48 per cent and is the second time it has been cut since its introduction in November.

Able to be taken out on up to 95 per cent of a home's value, the Post Office mortgage has an arrangement fee of £399 and there is no higher lending charge.

Post Office director of lending Gary Fitton said that the changes could place its mortgages "at the top of the comparison tables".

"The Post Office trial is investigating the need for more straightforward mortgages, providing good initial and long-term value with no hidden charges," he added.

Previously, the Post Office cut mortgage rates on November 19th.
ADNFCR-323-ID-18427739-ADNFCR

Related News : Mortgages

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Related News : Post Office

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet