The Post Office has launched a new range of mortgages targeted at first time buyers.
Consumers can take out the new mortgage products with a deposit of just 10%.
The two-year, three-year, and five-year fixed rate mortgages have interest rates between 5.45% and 5.99%.
A tracker mortgage is also available at 5.49%.
Marco Hughes, director of personal lending at [...]
The Post Office has launched new mortgage deals with first-time buyers in mind.
The lender is not only happy with a minimum deposit of 10% but is also allowing borrowers to choose between an interest only and capital plus interest repayment option.
For a two-year fix the rate is 5.45%, for a five-year 5.99%, and both loans [...]
The Post Office is set to launch a new range of banking services aimed at people on low incomes.
The plans the revamp the institution, backed by £180 million government funding, will help to ensure the future of the group’s 11,500 branches.
New accounts will include a “weekly budgeting account”, designed to help people on low incomes [...]
Millions of homeowners across the UK have no idea what interest rate they’re paying on their mortgage, according to research by Post Office Mortgages,
A poll by the lender found that while 35% of borrowers are currently on a standard variable rate (SVR) mortgage, 28% – around 3 million homeowners – don’t know what rate they’re [...]
Both Northern Rock and the Post Office have launched new mortgage deals with lower rates.
The Post Office has cut the cost of its Bank of Ireland lifetime tracker loans from 3.29% to 2.99%, or from 3.59% to 3.49%, dependent upon the loan-to-value ratio.
Bank of Ireland has also reduced the price of its five-year fixed-rate [...]