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Friday, November 4th 2011
 

first direct cuts mortgage rates


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first direct has cut rates on over a third of its mortgage product range, including reducing the rate on its 85% LTV 5 year Fixed rate Limited Edition Fee Free Repayment mortgage by a full 0.5% to 4.49%. As a result at least 3 can be found in the best buy tables this weekend:
65% LTV 2 year Limited Edition Offset Tracker - 1.58% + BR (£1499 arrangement fee)
85% LTV 2 year Limited Edition Fee Free Repayment Tracker - 2.99% + BR
65% LTV 5 year Limited Edition Fixed Rate Repayment mortgage - 3.49% (£1499 booking fee)

Richard Tolchard, Senior Mortgage Product Manager at first direct commented:
"first direct has always been known for great customer service and we're happy to help homeowners looking for a better deal by reducing the cost of some of our mortgages at a time when other household bills are rising."