First direct has cut the rates on 11 of its offset and repayment mortgages by up to 0.2 percentage points.
Borrowers with 25-35% deposit or equity are able to take advantage of these lower rates, which are offered with and without fees.
In addition, the internet and telephone bank also offers a fee free option across its mortgage range.
| first direct repayment mortgages with rate reductions |
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| first direct offset mortgages with rate reductions |
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Andy Forbes, head of retail products at first direct, said: “We want to make it easy for customers to get a great mortgage deal, removing the barrier of paying a fee.
“So now, whether you have a high or low LTV, want a tracker or fixed rate, offset or repayment, there is a first direct fee free mortgage with a great rate that fits.”
