First Direct Tracker Mortgage at 3.99%

First Direct have an attractive tracker mortgage for first-time buyers who can come up with a 15% deposit.



This lifetime tracker mortgage tracks the Bank of England Base Rate plus 3.49%, which is currently 3.99%.  There is a £499 arrangement fee and the overall cost for comparison is 4.1%.  If it is possible to get the deposit required this is one of the best rates for this loan ratio.



For those moving home or can get a higher deposit there two even better deals available.



75% Life Tracker tracks the Bank of England Base Rate plus 2.39%, currently 2.89%.  There is a £999 arrangement fee and the overall cost for comparison is 3%.



65% Life Tracker tracks the Bank of England Base Rate plus 1.89%, currently 2.39%.  There is a £499 arrangement fee and the overall cost for comparison is 2.5%.



Tracker deals are currently offering very good rates and these deals from First Direct are definately worth taking a look at.