Post Office unveils Help to Buy fixed rates
The Post Office has launched two fixed rate products using the government’s Help to Buy mortgage guarantee scheme allowing borrowers to apply for loans up to 95% loan-to-value.
The lender is offering a two-year fixed rate at 4.95% and a five-year fixed rate at 5.35% both with no arrangement fee.
In January the Post Office announced its ambitions to become one of the top 10 mortgage lenders in the UK in 2014.