Post Office Powers To The Top Of The Mortgage Tables
- Latest range includes market-leading branch exclusive
- Latest range includes market-leading branch exclusive
- Twice as many children under five (52 per cent) have travelled abroad compared to their parents (26 per cent) when they were that age - Over a quarter (26 per cent) of children had travelled abroad three times or more by the age of five – yet seven in ten (69 per cent) of their parents hadn’t even left the country by this age
- UK currently sits eleventh in league table of average potential savings below Spain and Italy - Amount UK households could be saving is down by more than 10 per cent since 2010 - Post Office predicts that by 2018 the UK will remain below the majority of advanced European economies in the savings league table
- Children forced to share a bedroom in a fifth of households - this is due to lack of space in one in ten UK homes - Adults have a smaller bedroom than children in a third of households - Aspiring movers can expect to wait four years before moving to a bigger house, but almost a third doubt they’ll ever be able to do so
- The pre-paid Money Card offers customers a convenient way of managing their money without going over budget - The flexibility of Post Office’s Money Card means it can be used on the high street, online, and at ATMs - Customers can set their spending limit according to their budget - Two card options available, Pay As You Go or Pay Monthly
- Post Office takes significant steps towards commercial sustainability, reducing dependence on the taxpayer
- Despite a fall in revenue and a decline in network subsidy of £10m, operating profit before exceptional items increased £13m to £107m
- Over 2,000 branches transformed offering 50,000 more opening hours at end March 2014 and more than 1,000 open on Sundays
- Post Office current account will be available in 239 branches across the UK by the end of September
- Customers can service their accounts in over 11,500 branches, online or at one of the 40 mobile Post Office vans
- Accounts can be opened with a minimum balance of £20
- Customers will receive a £100 One4All gift card when they switch to a Post Office current account
- Rate reductions across a number of fixed rate products
Post Office has issued a fresh challenge to the mortgage market today with the launch of a range of competitive new mortgage rates. The deals highlight Post Office’s commitment to offering consumers an alternative to traditional high street lenders, with products to suit a variety of needs.
The changes to the produc
- 40 new vehicles provide walk-in post offices on wheels
- Mobile branches serving over 250 locations a week across UK
- New vehicles to cover half a million miles over coming year
- Post Office “modernising to meet customers’ needs”
- Modern, reliable service for customers
Post Office has announced the roll-out its new fleet of mobile post offices, deploying 40
The Post Office will launch its highly competitive range of mortgages along with its financial services partner, Bank of Ireland UK, on Monday, 2nd June.
The range is available initially through the Legal and General Mortgage Club Appointed Representatives, and will cater to the needs of first time buyers or those looking to move. The highly competitive rates start from 1.98% for a
- More than 1,000 Post Office branches now open on Sundays for customers’ convenience
- Over 2,000 modernised branches offer extra 60,000 opening hours a week
The Post Office, now independent of Royal Mail, welcomed Royal Mail’s announcement on Sunday services.
Mark Davies, director of communications at the Post Office, said: ‘The Post Office now has more than 1,000 Post Office bran
COMMUNITY BRANCH FUND
By applying to the fund, Subpostmasters will have the opportunity to make a case for funding to support the growth of their business and deliver benefits to customers to help the long-term sustainability of their branch. Every Community Branch will be able to apply to the Fund with investment being allocated on an individual basis
A focus for investment will be activity
The Post Office has over 11,500 branches across the UK, 97% of these are run with retail partners on an agency or franchise basis. 99.7% of the population live within 3 miles of a Post Office and 93% live within 1 mile. Along with a significant online business, we are the biggest retail network in the UK, with more branches than all the banks and building societies combined.
100 Wood Street
EC2V 7ER London
United Kingdom