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first direct steps up to the mortgage plate

first direct steps up to the mortgage plate

Category: Mortgages

Updated: 10/06/2010
First Published: 10/06/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
first direct has stepped up to the mortgage plate by reducing the rate on its variable tracker rate mortgage deal.

Despite already being the market leading rate at 65% loan-to-value, by reducing the rate for term by 0.10% to 2.29%, its position in the market has been strengthened even further.

A reduction in the fee from £499 to £99 also significantly heightens its appeal.

The deal is so good it now also beats the rates available at the lower loan-to-value of 60%.

A truly outstanding mortgage deal, this product earns the maximum five out of five Moneyfacts stars.

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