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first direct drops rates on two and five year fixed rate mortgages

14 Jul 2017

New changes enhance appeal of award-winning mortgage range

first direct has cut rates across its award-winning repayment mortgages, giving homebuyers an even greater choice of products to suit different financial needs.

The revised mortgage range includes:

 

  • 80% LTV Two Year Fixed Rate Standard – 1.24% with £1,450 fee (reduced by 0.10%)

  • 85% LTV Two Year Fixed rate Standard – 1.34% with £1,450 fee (reduced by 0.10%)

     

  • 80% LTV Two Year Fixed Fee Saver – 1.74% fee saver* (reduced by 0.10%)

  • 85% LTV Two Year Fixed Fee Saver – 1.79% fee saver* (reduced by 0.10%)

  • 90% LTV Two Year Fixed Fee Saver – 2.39 % fee saver* (reduced by 0.05%)

     

  • 60% LTV Five Year Fixed Rate Standard – 1.69% with £1,450 fee (reduced by 0.05%)

  • 75% LTV Five Year Fixed Rate Standard – 1.84% with £1,450 fee (reduced by 0.10%)

  • 80% LTV Five Year Fixed Rate Standard – 1.99% with £1,450 fee (reduced by 0.10%)

  • 85% LTV Five Year Fixed Rate Standard – 2.14% with £1,450 fee (reduced by 0.05%)

     

  • 75% LTV Five Year Fixed Fee Saver - 2.14% fee saver* (reduced by 0.05%)

  • 80% LTV Five Year Fixed Fee Saver – 2.29% fee saver* (reduced by 0.05%) 

Nick Harrison, Head of Products at first direct , said:

“We’ve cut the rates on our range of two and five year fixed rate mortgages, offering competitive rates on products to customers who want the certainty of a fixed repayment. At first direct , we aim to offer a wide choice of competitive products to suit customers’ needs.”

Ends

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