First Direct mortgages
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First Direct is a member of the HSBC Group and offers a series of great deals on flexible mortgages, fixed rate mortgages and tracker mortgages.
The lender offers an excellent offset mortgage that allows you to link your everyday savings balances to your mortgage and lower the amount of interest you pay. For example, if your outstanding mortgage balance is £100,000 and you have £10,000 in savings with the bank, you only pay interest on the first £90,000 of the mortgage.
First Direct also have a protection scheme in place that covers you for 12 months should you be unable to pay your mortgage for any unforeseen circumstances.
*Top First Direct mortgage deal*
First Direct's 2-year fixed 75% LTV is, overall, one of the best and cheapest fixed rate mortgage deals on the market at the moment.
Borrowers can enjoy a highly competitive fixed APR of 3.69% for two years before reverting to First Direct's Standard Variable Rate, which is generally lower than most competitors.
Additionally, there is no arrangement fee and the booking fee is just £99.
To compare First Direct mortgages with deals from dozens of other lenders, check out our comparison tables and find the best mortgage today.
- First Direct recommends overpaying on mortgages
- First Direct cuts mortgage rates
- HSBC launch new mortgages for first-time buyers
- HSBC and First Direct customers hit by online and ATM errors
- First Direct promotes offset mortgages
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