First Direct slashes rates

Other First Direct deals include 65% LTV 2-year limited edition offset tracker at 1.58% + base rate with a £1499 arrangement fee; an 85% LTV 2-year limited edition fee free repayment tracker at 2.99% + base rate; and a 65% LTV 5-year limited edition fixed rate repayment mortgage at 3.49% with a £1499 booking fee.

Richard Tolchard, senior mortgage product manager at First Direct, said: “First Direct has always been known for great customer service and we're happy to help homeowners looking for a better deal by reducing the cost of some of our mortgages at a time when other household bills are rising.”