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Post Office mortgage awarded 5 stars

Post Office mortgage awarded 5 stars

Category: Mortgages
Date: 18/12/2014

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 It is now over 6 months old so the content may be out of date.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 added to its mortgage products with a new two-year fixed rate deal, which has won the ultimate accolade of five Moneyfacts Stars for its competitive terms.

The basics…

This deal has a rate of 1.99% fixed until 31.3.17, and is available at a loan-to-value (LTV) of 75%. Absolutely no fees are payable.

The finer details…

This mortgage is open to first-time buyers, second-time buyers and remortgagors with a 25% deposit. All borrowers can profit from an incentive package of free valuation, while those looking to remortgage can also benefit from free legal fees.

Borrowers have the option to make overpayments of up to 10% of the outstanding balance, giving them some welcome repayment flexibility.

Why we like it…

This deal boasts an attractive rate, while the lack of any product fees and an ample incentive package adds greatly to its appeal. The option to make overpayments is also welcome, and ensures that this mortgage will appeal to those who are looking to keep upfront costs low while also having flexible repayment options.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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