"We are proud to offer our first ever sub-1% mortgage alongside other rate cuts"
The two-year fixed rate at 0.99% is available at 60% LTV with a £490 fee.
A five-year fixed rate at 60% LTV has reduced by 15bps to 1.09% with a £490 fee.
At 75% LTV, a two-year fixed rate fee-free product is now available at 1.59% and at 80% LTV a two-year fix has reduced by 40bps to 1.59% with a £490 fee.
At 90% LTV, a two-year fix has been cut by 50bps to 2.39% with no fee.
Lloyd Robson, commercial director at First Direct, said: “Whether moving house, remortgaging or getting additional lending, getting a mortgage with us has never been cheaper. We are proud to offer our first ever sub-1% mortgage alongside other rate cuts to our already competitive mortgage rates.”
