On 10 May 2013 first direct, recent winner of Which? Recommended Mortgage Provider, has responded to market movements and will further reduce rates on over 85% of its mortgage range by up to 50 basis points.
Borrowers with a 10-35% deposit or equity will be able to take advantage of the new rates, which include both repayment and offset products.
In addition, first direct’s fourth mortgage rate reduction in as many months sees the introduction of two highly competitive mortgage products:
– 2.49% 5 year fixed rate – £1,999 fee at 65% LTV
– 3.99% life tracker – £999 fee at 90% LTV
For advice on this or any mortgage contact Integrity IFA now for independent whole of market mortgage advice or visit our website for our free mortgage source and calculator