Competitive tracker mortgage offered by first direct
www.moneynews.co.uk > Mortgages > Competitive tracker mortgage offered by first direct
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Money News |
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Competitive tracker mortgage offered by first direct
Thu 2nd Jul 2009
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The mortgage features a rate of 2.98 per cent - or 3.2 per cent APR - and, unlike any other examples on the current market, it also offers a 4.99 per cent capping rate until 2012.
It has a maximum loan-to-value of 75 per cent and an arrangement fee of £1,499.
"We wanted customers to be able to take advantage of the current low base rate and offer the security of knowing that their mortgage rate won't go above 4.99 per cent until 2012," commented mortgage manager for first direct Jimmy Kelly.
The firm picked up awards for best variable rate mortgage provider and best current account and offset mortgage provider at this year's Moneyfacts Awards ceremony.
Its parent company is HSBC - which occupies 9,500 offices in 86 countries globally.
Click here for more mortgages news
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Related News : HSBC |
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