Post Office reacts to criticism on island mortgages

Isle of Skye Before the review Post Office mortgages were only made available to people on Skye

Related Stories

The Post Office has widened its mortgage service to other Scottish isles and remote areas after previously limiting it to people on Skye.

Highlands and Islands MSP Jean Urquhart raised concerns earlier this month after she was alerted to the situation by a homeowner on Shetland.

The Post Office said it had reviewed its policy.

The service has now been made available to people in Bute, Lewis and Harris and mainland Orkney and Shetland.

Arran, Mull and Islay will also be offered the mortgages.

The Post Office said it had encountered difficulties with valuations for island properties. The mortgages are widely available on the UK mainland.

John Willcock, head of Post Office mortgages, said the company was committed to making its products and services easily available to customers.

He said: "We have listened to comments regarding the availability of our range of mortgages to customers in the Scottish islands."

Independent MSP Jean Urquhart said: "We desperately need alternatives to the big banks, and Post Office financial services could play a big role in that.

"It's great news that many islanders will now have that greater choice."

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

BBC Highlands & Islands



7 °C 4 °C


  • Firth of Forth bridgeWhat came Firth?

    How the Forth was crossed before the famous bridge

  • Petrol pumpPumping up

    Why are petrol prices rising again?

  • Image of George from Tube CrushTube crush

    How London's male commuters set Chinese hearts racing

  • Elderly manSuicide decline

    The number of old people killing themselves has fallen. Why?

  • TricycleTreasure trove

    The lost property shop stuffed with diamonds, bikes... and a leg

Try our new site and tell us what you think. Learn more
Take me there

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.