first direct reduces the rate on its 5yr fixed rate mortgage
April 29th, 2010
first direct (firstdirect.com) has recently reduced the rate of its 5yr fixed rate repayment mortgage from 4.69% to 4.54% and lowered the arrangement and booking fee from £499 to £249 respectively.
This brings the total number of best buy mortgage products it offers to four with the existing offset tracker (2.59%), repayment tracker (2.39%) and 2yr fixed rate repayment mortgage (3.09%).
The mortgage has a Loan to Value of 65%.
