Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.The deal
The Post Office hopes to grab a bigger share of the mortgage market with a new range of attractive-looking home loans.
Good points
Highlight of the deals is a fee-free five-year fix at 4.55 per cent for those with a 10 per cent deposit. There's also a five-year fix at 2.74 per cent which requires a 40 per cent deposit and has a fee of £995.
Bad points
Fee-free means being charged a much higher interest rate. Working out which is better – no fee or £995 and a lower APR – means pulling out a calculator.
Conclusion
For anyone looking to buy a home or switch mortgages, this is a sign that things are hotting up. But with a confusing range of interest rates and fees, it's still very difficult to work out what the best deals are. We need more transparency from lenders so we can compare deals at a glance.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments