I am considering getting a mortgage with the post office. Has anyone got any experience of this? Looking at their website the whole process/design seems a bit dated. I am happy to go with them as the rate is lower but if anyone has any real horror stories then it might make me change my mind.
Interestingly I found out that the Post Office is a front for the Bank of Ireland. Looking directly with them the rate is 0.1% lower and there are lower fees. I have two questions here:
1_ Has anyone had any experience with the Bank of Ireland? I think all their branches are in Ireland (I live in England) so everything would be done over the phone.
2_ With all due respect to Bank of Ireland if anything goes wrong with them how does that affect my mortgage? Would it be transferred to another provider? Would I be safer going with the Post Office as they are in between?