First direct cuts rates

These include a 60% LTV 10-year fix at 2.49% fee saver, reduced by 0.05% and 60% LTV 10-year fix at 2.49% fee saver* (reduced by 0.05%)

First direct cuts rates

First directhas cut rates across selected 2, 5, and 10 year fixed rate mortgages.

These include a 60% LTV 10-year fix at 2.49% fee saver, reduced by 0.05% and 60% LTV 10-year fix at 2.49% fee saver* (reduced by 0.05%)

Nick Harrison, head of products at first direct, said: “We’re seeing increased demand among homebuyers at the moment, particularly among those looking for higher LTV fixed rates.

“Atfirst directwe listen to what customers are saying, so in response we’re launching a range of competitive rates at higher LTVs – and across different terms – at some of the lowest rates we’ve ever offered.”

Thee is also 60% LTV at 5-year fix at 1.79% with a £725 fee (reduced by 0.10%) and a 75% LTV 5-year fix at 1.94% with a £725 fee (reduced by 0.10%).

There’s also a 80% LTV 5-year fix at 2.14% with a £725 fee (reduced by 0.10%), 85% LTV 5-year fix at 2.29% with a £725 fee (reduced by 0.10%) and 90% LTV 5-year fix at 2.69% with a £725 fee (reduced by 0.10%).

Reduced by 0.05%, there was 60% LTV 5-year fix at 1.94% fee saver (reduced by 0.05%), 75% LTV 5-year fix at 2.09% fee saver, 80% LTV 5-year fix at 2.29% fee saver.

And with the same reduction, 85% LTV 5-year fix at 2.44% fee saver and 90% LTV 5-year fix at 2.84% fee saver.

First directhas also cut a number of 2-year rates, including: its 90% LTV 2-year fix at 1.99% with a £725 fee (reduced by 0.10%) and 90% LTV 2-year fix at 2.24% fee saver (reduced by 0.10%).