This move has highlighted the strength of the partnership with Optoma, alongside the stability and consistency of their delivery throughout the last few months.
Gerry Bell, head of mortgage marketing at GE Money Home Lending said: “Consumers and brokers alike have clearly been concerned by the recent stress in the financial sector and our research indicates that the market is now being boosted by a possible decrease in interest rates in the coming months.
"The move to reduce interest rates will further strengthen First National’s resolve to deliver consistently competitive rates through their partnerships. We are delighted to be first to market with these exclusives available through Optoma”.
Product changes include:
- 1 year discount rates starting from 6.94% on Near Prime +
- Reversionary rates reduced by maximum of 0.55% on Ultra Light and L2M at 75% LTV
- No HLC up to 85% LTV
- Completion fee now £995
- ERC 1 & 2 year discount now 7%/6%
- ERC 3 year fixed now 7%/6%/6%
