New Post Office mortgage wins 5 stars | Product News - Moneyfacts

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New Post Office mortgage wins 5 stars

New Post Office mortgage wins 5 stars

Category: Mortgages
Date: 03/11/2014

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 It is now over 6 months old so the content may be out of date.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 unveiled a highly competitive five year fixed rate mortgage, which has stormed to the top of the Moneyfacts charts and won a five-star review.

The basics…

This mortgage has a rival-beating rate of 3.79% fixed until 31.12.16 at a loan-to-value (LTV) of 85%. As an added bonus, there are absolutely no fees payable to secure this deal.

The finer details…

The mortgage is available to first-time buyers, second-time buyers and remortgagors with a 15% deposit. All borrowers can benefit from an incentive package of free valuation.

Repayment flexibility is offered with the option to make overpayments of up to 10% of the outstanding balance.

Why we like it…

Not only does this deal have the joint-lowest rate for its sector, but the absence of any fee gives this mortgage added appeal to easily beat its rivals. The generous offer of free valuation completes this enticing package, which is sure to attract borrowers with the right deposit.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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