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Post Office reduces fixed rates by 1%

A positive step for the people looking for mortgages as the Post Office has announced today that its reducing the rate on a range fo fixed & tracker mortgages.

The largest cut is  five year fixed rate deal 75% of loan to value which has been redcued by 1.01 % to 3.38 % from 4.39%.

This is positive news for homebuyers and is exactly what the propery market needs to help it moving

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