A red letter mortgage from the Post Office - Mortgages - News - Moneyfacts

News

A red letter mortgage from the Post Office

A red letter mortgage from the Post Office

Category: Mortgages

Updated: 14/05/2010
First Published: 14/05/2010

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
The Post Office has launched a new fixed rate mortgage that will catch the eyes of would-be buyers with a 10% deposit.

As part of a new range of mortgages, the Post Office is offering a home loan that offers a rate of 5.99% to 31.7.15, a maximum loan-to-value of 90% and a fee of £999, as well as incentives of free valuation or free legal fees for remortgages.

This is a no frills product but one that should tempt those with only a small deposit.

The maximum five out of five Moneyfacts stars have been awarded.

Find the best mortgage for you - Compare best selling mortgages

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Remortgaging bounces back

Remortgaging has been enjoying a welcome boost in recent months, despite September’s slight dip, with many homeowners capitalising on record low mortgage rates to boost their finances.

Bank of Mum and Dad holds the (house) key

The Bank of Mum and Dad is an important source of finance for many young adults, and it seems that they still hold the key – in more ways than one.

Fee-free mortgages on the rise

Mortgage rates may be at record lows, but for some people, the extra costs associated can make switching deals a financial impossibility. It’ll come as welcome news, then, that the number of fee-free deals has more than doubled over the past year!
 
Close