Online Bank Accounts – UK

As part of its mortgage campaign, first direct (firstdirect.com) has just launched a best buy 65% LTV (Loan-To-Value) 2 year repayment tracker mortgage at 2.19% (1.69% above base rate) with an arrangement fee of £99. 

The mortgage campaign, which is due to run right up to first direct’s 21st birthday on 1 October, will see the continuation of the extremely popular £99 fee across all first direct mortgage products.

In order to try and get a leading position in a highly competitive mortgage market, at the very beginning of July 2010 first direct (firstdirect.com) has reduced the rate on five of its popular mortgage products as part of its Summer Offers.

 Furhermore, first direct is also simplifying its mortgage range by having one very low £99 fee for all products. This will help them stand out as best buys and help customers choose the right offer for them including the Offset Base Rate Tracker mortgage with a current rate of 2.29% and arrangement fee of just £99.