First-time buyers in the UK struggling to scrape together a deposit for their first home were given some welcome news today with the launch of a market leading mortgage. The Post Office has stepped into the 90% loan-to-value (LTV) market offering a two-year fixed rate at 5.45% with a £999 (US$1,485) fee. The move comes more than a year after former business secretary Lord Mandelson originally announced that the Post Office would become a new "people's bank" offering a wider range of financial products.