Post Office to offer in-store mortgages
The Post Office is soon to offer its customers mortgage deals in store under new plans unveiled on Thursday.
The Post Office is soon to offer its customers mortgage deals in store under new plans unveiled on Thursday.
The PO, which is currently making every effort to become a top 10 lender, will make available seven mortgage specialists during the early stages of a pilot scheme. Eventually the provider's bigger branches will be included in the scheme, with the PO targeting a three-figure number of specialists.
Although it has offered mortgages since 2009, this will be the first time it has offered the service in store.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The idea is that its mortgage customers will be able to view details about their mortgage on screen, including how much they owe and repayments.
The provider will continue to offer its online and phone services. It also said it will "sharpen up" its product range in the coming months.
NR
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Investors continue to pull money from equity funds but at a slower rate – where is the money going?Concerns about tax rises in the Autumn Budget continue to drive investor behaviour. Here is how fund sectors were affected in September
-
Halifax: UK house price growth hits new high for 2025 despite Autumn Budget tax fearsAverage UK house prices continue to rise but challenges remain, particularly in prime markets
