Post Office slashes mortgage rates for first-time buyers | Mail Online
People looking to get on the property ladder were given a rare boost today as the Post Office slashed rates on a range of products aimed at first-time buyers.
The biggest interest rate cut was from 5.99 per cent to 4.75 per cent on a three-year fixed rate deal requiring a ten per cent deposit.
The Post Office also claims its five-year fixed rate of 4.99 per cent for borrowers with a ten per cent deposit is the lowest in the market, although it requires a £995 fee.
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