
first direct increases maximum mortgage borrowing limits
The maximum loan at 90% loan-to-value (LTV) increased from £750,000 to £775,000, with a £750,000 limit for flats.

The maximum loan at 90% loan-to-value (LTV) increased from £750,000 to £775,000, with a £750,000 limit for flats.

The largest reduction for FTBs and home movers have been made to its 95% LTV 2-year fixed Fee Saver mortgage, now priced at 5.29%.

The changes, effective immediately, will see lower fixed rates available to both first-time buyers and home movers.

The lowest rate available is for the 60% loan-to-value (LTV) 5-year fixed standard, on offer at 4.13% for first-time buyers and movers.

Rates now start at 3.79% on the 60% loan-to-value (LTV) 5-year fixed standard.

The 3.89% rate is available across three different buyer categories: first-time buyers, home movers and existing customers.

The lowest rates available include its 60% loan-to-value (LTV) 5-year fixed standard, at 4.31%.
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