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Post Office reveals Mortgage Plans

The Post Office has unveiled plans to post mortgage specialists across its branches in a bid to become a top 10 lender.

A pilot scheme will initially see mortgage specialists available to customers in Solihull, Birmingham, Walsall, Luton and Norwich; within the larger branches of the Post Offices’ network. The Post Office is hoping that the scheme will lead to an amount of specialists within the UK that will reach three figures, whose primary role will be to discuss the companies’ products with consumers.

The Post Office, who introduced mortgages in 2009, has formerly made it possible to apply for mortgages online or over the phone, and is now looking to ‘sharpen up’ it’s range in the near future, offering consumers mortgage rates as low as 10pc.

One of the main aims of the plan is to make it easy and convenient for consumers to get all the information they need about the plan, with minimal effort. This includes enabling them to find out how much they could borrow, as well as viewing products and repayments on screen in branch.

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