First Direct - 3 year fixed 1.78% mortgage - 65% LTV - £1450 BF
58°Expired

First Direct - 3 year fixed 1.78% mortgage - 65% LTV - £1450 BF

12
Found 23rd Apr 2015
Limited edition from First Direct, 1.78% for 3 years.

I switched to the 1.79% tracker a few months back and I'm tempted to switch to this!

12 Comments

Where does it say you can switch and not pay fees?

is it 1.78% or 1.79% as title and description say different?

loopz

Where does it say you can switch and not pay fees?

+1

Original Poster

1.78% just amended title.

Loopz - I did it in February, you don't pay the booking fee and it only takes a short telephone call

See hotukdeals.com/dea…828


Edited by: "masekwm" 23rd Apr 2015

masekwm

1.78% just amended title. Loopz - I did it in February, you don't pay the … 1.78% just amended title. Loopz - I did it in February, you don't pay the booking fee and it only takes a short telephone callSee http://www.hotukdeals.com/deals/first-direct-life-time-tracker-mortgage-65-ltv-1-29-plus-base-1-79-no-fee-for-existing-2124828#comments



What do you mean you don't pay fees? I'm with FD on their standard variable rate and was considering switching to a fixed rate but didn't fancy paying huge fees....However, I'm on offset mortgage and wish to continue with the same...

Original Poster

mchu6am4

What do you mean you don't pay fees? I'm with FD on their standard … What do you mean you don't pay fees? I'm with FD on their standard variable rate and was considering switching to a fixed rate but didn't fancy paying huge fees....However, I'm on offset mortgage and wish to continue with the same...



If you phone and ask to switch products, you'll not pay the booking fee.

you will pay fees on this mortgage as far as I can tell by looking on their website:
mortgages.firstdirect.com/mor…tes

the mortgages you don't pay fees on usually have Fee Saver in the name of the mortgage. if you are an existing mortgage customer, you can filter the list for those 'offers'.

I also went on the lifetime tracker at 1.79% and am sticking with it for now.

mchu6am4

What do you mean you don't pay fees? I'm with FD on their standard … What do you mean you don't pay fees? I'm with FD on their standard variable rate and was considering switching to a fixed rate but didn't fancy paying huge fees....However, I'm on offset mortgage and wish to continue with the same...



This is not an offset though, the offset version is 2.79% (2.29 above base) so you would need to give up the offset if you wanted the 1% saving, was considering it myself but just not sure I want to give up on the convenience of the offset (savings and also redraw as/when needed)

Edited by: "nictry" 23rd Apr 2015

Original Poster

Damn, just phoned and checked as this is a limited edition mortgage. The BF is payable

Yeah, the 3-year fixed rate with no fee for existing customers has a rate of 2.29%.

Best to stick with the 1.79% tracker, or move to the 1.59% 2-year deal in my opinion.

The fee-free version dropped to 1.89% this morning.

Original Poster

marathonic

The fee-free version dropped to 1.89% this morning.



Wow, wonder if I should stick or twist!
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