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%.
first direct (firstdirect.com) has recently expanded its mortgage range and launched a new 5 year fixed rate repayment mortgage.
The mortgage will be available with a 65%, 75% and 85% Loan to Value (LTV).
The new 5 year fixed rate repayment mortgage range is as follows:
Duration: 5 years
Max LTV: 85%
Offer Rate: 5.99%
APR: 4.8%
Arrangement Fee: £249
Booking Fee: £249
Duration: 5 years
Max LTV: 75%
Offer Rate: 5.49%
APR: 4.6%
Arrangement Fee: £0
Booking Fee: £99
Duration: 5 years
Max LTV: 75%
Offer Rate: 5.19%
APR: 4.5%
Arrangement Fee: £499
Booking Fee: £499
Duration: 5 years
Max LTV: 65%
Offer Rate: 4.69%
APR: 4.3%
Arrangement Fee: £499
Booking Fee: £499
first direct is a division of HSBC Holdings plc.
