At 65% LTV, customers can access a 2.38% two-year fix with no fees or choose to pay £995 to secure a 1.98% rate fixed for two years at 75% LTV.

John Willcock, head of Post Office Mortgages, said: “In a competitive market it is important to stand out and with our rates and service offering we are able to offer customers an alternative to traditional high street lenders.

“Customers want to know they’re in safe hands when it comes to taking out a new mortgage. A big part of this is ensuring they feel reassured by the service and information they receive as well as knowing they are getting the best deal.”

Willcock said customers can access the products directly by contacting them online, by phone or through the branch network.