Competitive tracker First Direct mortgage deals.
Choosing a First Direct mortgage product can give you the chance of a great deal, especially if you are looking for a tracker.
As the Bank of England looks likely to keep the base rate at 0.5% for some time, tracker products may be a good bet.
Tracker mortgages are pegged a certain percentage above the Bank of England base rate. If as predicted the Bank of England maintains the historically low rate, then a tracker deal will also remain low.
A First Direct mortgage deal is available at 2.89% for 65% LTV which tracks 2.39% above the base rate. The fee for this product is £499.
Many more tracker mortgages are available through Deal Direct mortgage brokers. At Deal Direct we search out all of the latest value for money deals that lenders have on offer. We then pass on these deals to you, some of which are exclusive.
As we study the whole of the mortgage market, we can find the best mortgage product to suit your needs.
As rates do not look set to rise for possibly another two years a base rate tracker could be a good choice right now.
Contact us at Deal Direct if you would like more information on a First Direct mortgage or other lenders tracker deals.
