The lender slashed its 90% LTV 2-year fix by 0.30% to 1.89%, while other 2-year fixes stand at 1.18% to 60% LTV, 1.39% to 80% LTV and 1.44% to 85% LTV, all with a £1,450 fee.
first direct has cut its 2 and 5-year fixed rate mortgages at a range of loan-to-values by between 0.05% and 0.30%.
The lender slashed its 90% LTV 2-year fix by 0.30% to 1.89%, while other 2-year fixes stand at 1.18% to 60% LTV, 1.39% to 80% LTV and 1.44% to 85% LTV, all with a £1,450 fee.
In terms of 2-year fixes with no booking, arrangement or standard valuation fee they now stand at 80% 2.09% to 80% LTV, 1.99% to 85% LTV and 2.49% to 90% LTV.
first direct’s 5-year fixes now cost 2.09% to 80% LTV, 2.24% to 85% and 2.74% to 90%, all with a £1,450 fee, while fee saver options stand at 2.39% to 80% LTV and 3.19% to 90% LTV.
Tracy Garrad, chief executive of first direct, said: “We’ve cut the rates on selected two and five years fixed rate mortgages – with and without fees – to ensure we continue to offer outstanding customer value across our market-leading range of mortgage products.”
