Post Office for Intermediaries has increased its offering with the launch of seven-year fixed rate mortgage products.
The range has been designed specifically to appeal to the growing number of customers seeking longer term security in an uncertain market.
Purchasers and movers will be offered either a headline rate of 2.32 per cent fixed with a product fee of £495, or a 2.51 per cent fixed, with no product fee, standard valuation paid and £400 cashback.
A 2.51 per cent fixed is also available for customers looking to re-mortgage, with standard valuation and legal fees paid. All products are available up to 75 per cent loan-to-value.
Iain Smith, head of intermediary distribution, said: “We work closely with our broker partners and so we are delighted to be able to offer these competitive seven-year fixed rate products to help them meet the needs of their customers.
“Given the current uncertainty in the market, we expect this longer term fixed rate product range to be very popular.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
