first direct launch 2 new fee free offset tracker mortgages
13 October 2009 By MoneyHighStreet Staff Leave a Comment
The 2 new fee free offset tracker mortgages from first direct are for up to 60% and 75% LTV.
The new tracker mortgages really are fee free – no booking or arrangement fees, no exit fees (just a closure admin fee), no early redemption fee or standard valuation fee.
The 60% LTV mortgage tracks 2.49% above base rate, currently 2.99%
The 75% LTV mortgage tracks 2.94% above base rate, currently 3.44%
The mortgages are available to those moving to first direct from a competitor and will only be available for a limited time.
Jimmy Kelly, Head of mortgages at first direct, commented ‘We find some mortgage customers are often put off moving from their current provider by the large fees associated with securing their new deal.
Our new offers are in direct response to the feedback we’ve had from customers looking to move to first direct.’
Not sure what the best mortgage is for you? Check out our article ‘Mortgages – what are the different types?‘
