First direct has altered the structure of its mortgage offering.

It now has three categories of mortgages: standard, fee free and ‘limited edition’.

The standard range offers one standard booking/arrangement fee with rates available at 65% and 75% LTV.

The fee free range have no arrangement fee, no booking fee and no standard valuation fee, but a higher rate.

First direct says the ‘limited edition’ range will only be available at selected times, “to address what customers are looking for at the time”” whether it be a leading rate or higher LTV.