The latest addition to the Post Office range of mortgages has stormed straight to the top of the Moneyfacts charts, with the brand new five-year fixed deal offering the lowest rate for its term.
Priced at 3.33% and fixed until 31.12.19, this mortgage is available up to 80% loan-to-value (LTV).
The mortgage comes with a reasonable fee of £995. It's available to first-time buyers, second-time buyers and remortgagors, and comes with the flexibility of allowing overpayments of up to 10% of the outstanding balance.
Despite the lack of incentive package, this brand new deal from Post Office secures its place as a Moneyfacts best buy thanks to its highly competitive rate. The reasonable fee adds to the appeal, and it could prove to be a highly popular choice for those with the right deposit.
Four Moneyfacts Stars have been awarded.
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