The UK government owns the Post Office. Post Office Ltd manages main branches of the Post Office, which are also known as Crown Offices. Sub-postmasters or franchise partners usually run smaller branches. Both types of branches offer financial services, but main post offices tend to offer the full range of services.
The Post Office offers mortgages through Bank of Ireland UK. Customers can apply for a Post Office mortgage in-branch, online, or by calling the Post Office telephone service. Once an application has been made, customers will be assigned a dedicated mortgage account manager who will be there to offer help and advice throughout the application process.
There are Post Office mortgages for a wide variety of different customers. These include first time buyers
, home movers, Help to Buy
borrowers, landlords, and anyone looking to switch from their existing lender to a new deal.
First time buyers can choose from a selection of fixed rate and tracker
mortgages. Buy to let Post Office mortgages are suitable for landlords and property investors. Certain properties are excluded from buy to let
mortgages and landlords with more than five properties in their portfolio are also excluded.
Existing customers have access to better Post Office mortgages. They can switch to a new deal at the end of their existing discount period. Existing customers can also apply to borrow additional funds if required.