first direct mortgage rates for 2 year trackers offer good value.
One of the best first direct mortgage rates on offer is for a 2 year tracker mortgage which is offered at a rate of 2.19% above the Bank of England base rate. This gives an current interest rate of 2.69% and is available for loans up to 65% LTV with a fee of £499.
The lender also has a limited edition 2 year offset tracker at a rate of 1.99% above the Bank of England base rate. With the Bank of England base rate at an all time low this gives a current interest rate of 2.49% and is also available for mortgages up to 65% loan to value but with a higher fee of £999. As limited edition implies there may be restrictions on the availability of this product.
If these first direct mortgage rates are of interest call Deal Direct for a market comparison. We have access to a wide range of products in the UK market place and can source the best deal to suit your situation.
If you are looking for a re-mortgage option many lenders are now offering incentives, such as waiving arrangement fees which should be factored in when considering alternative deals. Deal Direct will compare the different products on offer from all UK lenders and we will work out the total cost for you.
If you are interested in first direct mortgage rates for trackers or want to compare other lenders products then call one of our skilled advisers at Deal Direct today. We work hard to secure the best deals available and have up to date information on both product withdrawals and new products in a rapidly changing mortgage market.