first direct launched two new market leading Base Rate tracker mortgages available from Friday 5 December 2008. The offset Base Rate tracker mortgage tracks the Bank of England Base Rate for the life of the loan. It is priced at 1.49% above Base Rate and is currently 3.49% (APR 3.6%).
12 Dec 2008Press Release
first direct the only bank to immediately pass on last week’s Bank of England base rate cut to all variable rate mortgage customers, has launched a market-leading two year fixed rate offset mortgage priced at 4.99% (6.6% APR). The rate is a limited offer available from today, Thursday 13 December. Following the fixed rate period...
13 Dec 2007Press Release
first direct has cut its mortgage rate by 0.25% per cent from today, 6 December 2007, passing on the benefit of the Bank of England base rate reduction to its customers immediately. The standard variable rate from the direct bank will now be 6.50% (6.75% APR), one of the lowest from any major bank or building society.
6 Dec 2007Press Release
first direct has reduced the interest rate of its highly competitive 10-year fixed rate offset Mortgage from 6.49% (6.9% APR) to 6.25% (6.6% APR). The direct bank has also reduced the booking fee from £495 to £99 and removed the arrangement fee. The rate is available from today, Friday 14 September and reverts to a very competitive SVR, currently 6.75%...
14 Sep 2007Press Release