Post Office launches direct-only three-year fix at 2.48%

The Post Office has launched a new range of direct-only residential and buy-to-let products, including a 75 per cent LTV residential three-year deal at 2.48 per cent.

A £1,495 fee is attached to the 75 per cent LTV deal.

The new range also includes a 75 per cent LTV two-year fix priced at 1.98 per cent, with £995 fee attached.

Also included in the residential range is a three-year fix at 60 per cent LTV priced at 2.98 per cent, while a five-year option is offered at 3.59 per cent. Both products are fee-free.

In the buy-to-let range, a five-year fix at 60 per cent LTV is offered at 3.75 per cent. A 75 per cent LTV option is priced at 4.09 per cent. Both products carry a £1,995 fee.

Post Office head of mortgages John Willcock says: “We are always looking for opportunities to review our product range so that we can offer our customers the best mortgage possible.”