Post Office delivers with two-year mortgage | Product News - Moneyfacts

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Post Office delivers with two-year mortgage

Post Office delivers with two-year mortgage

Category: Mortgages
Date: 05/04/2013

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 It is now over 6 months old so the content may be out of date.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 reduced the rate on its two-year fixed deal, asserting its place in the medium-term mortgage market.

The basics…

This deal, available directly to customers, offers a rate of 3.49% to 31.5.15 and has a maximum loan-to-value of 80%.

The finer details….

Customers can borrow a minimum of £25,001.

This mortgage's appeal is heightened by having no arrangement fee and offering incentives of free valuation fees for purchase borrowers and free legal fees for those remortgaging.

Overpayments of up to 10% of the outstanding balance can be made.

Why we like it….

Sitting comfortably in the top five deals for its term, this mortgage should appeal to borrowers looking for a competitive rate whilst keeping initial costs to a minimum.

What next?

Compare 2 year fixed rate mortgages
Mortgage repayment calculator
How much can you borrow calculator

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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