first direct’s new mortgage offering
June 22nd, 2011
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first direct (www.firstdirect.com) has recently changed the structure of its mortgage offering in order to make it easier for customers to decide which mortgage is best for them, whilst accommodating the needs of those who prefer not to pay up-front costs.
Now there are three categories: ‘Standard’, ‘Fee Free’ and ‘Limited Edition’.
The ‘Standard’ range offer one standard booking/arrangement fee with rates available at 65% and 75% LTV.
The ‘Fee Free’ range have no arrangement fee, no booking fee and no standard valuation fee, but a slightly higher rate.
The ‘Limited Edition’ range, won’t be available all the time and will be created to address what customers are looking for at the time whether it be a leading rate or higher LTV.
