first direct Cuts Rates Across Mortgage Range

Majority of 65%, 75% and 90% LTV mortgages reduced by up to 50bps

(firmenpresse) - LONDON, UNITED KINGDOM -- (Marketwired) -- 05/13/13 -- 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 market-leading mortgage products:

Andy Forbes, Head of Retail Products at first direct commented:

"Since the beginning of the year we've continued to see competition increase in the mortgage market. In order to provide the best deal for all our customers, whether they have a 10 or 35 per cent deposit, we've once again made reductions to our mortgage range to ensure all have access to market leading products."

Source:

Notes to Editors

For the latest updates, visit the first direct or follow us on .

For a full and up-to-date list of all first direct mortgage rates please visit from Friday 10 May.

first direct facts

first direct provides both telephone banking and online banking services to its 1.2m customers. It offers a full range of personal banking products including its award winning Current Account and offset mortgages.



Contacts:
first direct
Rebecca Hirst
0113 276 6899


first direct
Amanda Brown
0113 276 6700

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Bereitgestellt von Benutzer: Marketwired
Datum: 13.05.2013 - 08:49 Uhr
Sprache: Deutsch
News-ID 258985
Anzahl Zeichen: 0

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LONDON, UNITED KINGDOM

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Insurance

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