In October 2009 the still-new mortgage lender rolled out its home loans across the country. Although the mortgages are branded with the Post Office logo and information is available across its vast branch network, they are actually funded by Bank of Ireland UK.
The Post Office offers a wide range of mortgages aimed at a whole range of borrowers – including first-time buyers, homemovers and those looking to remortgage. Deals are available to those with a deposit of just 10%, making them accessible to people who want to get on the property ladder but who don’t have huge sums available to put down.
Post Office mortgages are offered through Bank of Ireland UK, which has 229 years of financial experience. Together, the Post Office and the Bank of Ireland have over 500 years of financial and transactional experience between them.
Since 2009, the Post Office offered a consistently competitive range of mortgages, with several market-leading deals, often with low arrangement fees – on a national basis.
Post Office mortgages are available online, by post, or through the Post Office branch network.