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| Lender: | First Direct |
| Product: | 2yr 3.79% Fixed Offset LTV 75% Direct |
| Mortgage Type: | Fixed Rate |
| Initial Rate Payable: | 3.79%.
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| Fixed Rate Term: | Not applicable.
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| Fixed Term Months: | Fixed rate for 24 months.
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| Term of Fixed Rate: | 24 months.
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| Tie in Period After Rate: | No tie-in period.
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| Final Rate: | Not applicable.
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| Final Rate Type: | Standard variable rate.
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| Final Rate To Be Loaded: | Not applicable.
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| Final Rate Payable: | The standard variable rate is 3.69%
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| APR Interest Only: | APR 3.80%.
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| APR Repayment: | Not applicable.
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| Maximum LTV: | The maximum LTV is 75%.
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| Max Loan: | There is no maximum loan.
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| Max LTV for First Time Buyer: | The maximum loan to value for first time buyers is 75%
LTV 75% to £1,000,000
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| Max LTV for House Purchase: | The maximum loan to value for house purchase is 75%
LTV 75% to £1,000,000
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| Max LTV Remortgage: | The maximum loan to value for remortgages is 75%
LTV 75% to £1,000,000
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| Minimum Term: | Minimum term 2 years.
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| Maximum Term: | Maximum term 25 years.
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| Overpayment Allowed: | Unlimited lump sum repayments and overpayments allowed without charge. |
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| Available to Homemovers: | This product is available to homemovers.
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| Available to Existing Borrowers Moving Home: | This product is available to existing borrowers moving home.
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| Available to Existing Borrowers Not Moving Home: | This product is available to existing borrowers not moving home.
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| Available to Existing Customers Only: | na
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| Available to First Time Buyer: | This product is available to first time buyers.
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| First Time Buyer Min Loan: | The minimum first time buyer loan is £30000.00.
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| Available to Remortgages: | This product is available for remortgages.
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| Remortgage Min Loan: | The minimum remortgage loan is £30000.00.
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| Current Account Offset: | Offset credit balances in current account and savings accounts to reduce interest calculation on overall borrowing. Requirement to have a First Direct current account.
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| Available In England: | yes |
| Available In N.Ireland: | yes |
| Available In Scotland: | yes |
| Available In Wales: | yes |
| Distribution Branch: | This product is not available via a branch network.
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| Distribution Intermediary: | This product is not available through intermediaries.
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| Distribution Internet: | This product is not available through the internet.
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| Distribution Telephone: | This product is available via a direct telephone mortgage service.
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| Intermediary Only: | Not available exclusively via intermediary channels.
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| Regional Restrictions: | There are no regional restrictions.
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| Self Cert Available: | Self certification of income is not available.
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| Shared Ownership: | This product is not available for shared ownership.
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| Cash Back: | No cashback incentive offered.
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| Contents Insurance Included: | No contents insurance incentives offered.
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| Free ASU Insurance Included: | No accident, sickness & unemployment insurance incentive offered.
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| Free Valuation Report Included: | No valuation incentive offered.
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| Higher Lending Charge Excluded: | No higher lending charge payable.
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| Legal Fees Contribution: | No legal fees for remortgages
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| No Part Early Repayment Charge: | Capital repayments are allowed without penalty.
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| Set Up Fees Refunded: | No set up fees incentive offered.
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| Other Incentives: | No other incentives available.
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| Application Fee Payable: | £499 booking fee payable
No arrangement fee payable.
These fees apply to loans up to £400,000, above this refer to lender.
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| Early Redemption Charge: | There is an early redemption charge payable.
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| Fees Payable: | £499 booking fee payable
No arrangement fee payable.
These fees apply to loans up to £400,000, above this refer to lender.
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| Procuration Fee: | Not applicable.
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