The new fee free ‘Homebuyer’ range is available at 85% and 90% LTV and helps borrowers keep upfront costs down. To give buyers a simplified choice, all 85% LTV fixed rates have a rate of 4.49% and all 90% LTV fixed rates have a rate of 4.59%.
Andy Forbes, head of retail products at first direct, said: “At first direct we understand that buying a home can be expensive and our customers are telling us this is where we can make a difference. Our new ‘Homebuyer’ mortgage range is fee free making the process of buying a home a little less costly.”
