first direct launches 2.98pc 10-year fix

Ryan Fowler

February 9, 2015

The new range includes a 2.28% 5-year fixed rate with £1,450 fee and a 65% LTV – 1.89% 3-year fixed rate with £1,450 fee, both up to 65% LTV, and a 85% LTV 2.49% 2-year fixed rate with £950 fee.

Andrew Forbes, head of products at first direct, said: “Demand for fixed rates continues and we know that borrowers are looking for competitive rates that give them an element of flexibility.

“Our new deals allow customers to take advantage of the market’s lowest rates and protect themselves against future rate increases.”

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