New mortgage wins five-star review | Product News - Moneyfacts

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New mortgage wins five-star review

New mortgage wins five-star review

Category: Mortgages
Date: 30/10/2014

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 It is now over 6 months old so the content may be out of date.

Post Office has reduced prices on its two-year fixed rate mortgage by up to 0.84%, earning it a place in the Moneyfacts charts.

The basics…

This two-year fixed rate mortgage is available at 90% loan-to-value (LTV). Now priced at 2.95% and fixed until 31.12.16, this is the lowest rate available in its sector.

The finer details…

This deal is available to first-time buyers, second-time buyers and remortgagors with a 10% deposit. A competitive fee of just £995 is payable and flexibility is offered with the option to make overpayments of up to 10% of the outstanding balance.

Why we like it…

This mortgage from Post Office currently offers the lowest rate for its term, which is sure to catch the eye of borrowers. The low fee and the option to make overpayments add to the appeal, easily securing its position as a Moneyfacts best buy.

The highest accolade of five Moneyfacts Stars has been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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