First Direct launches offset base rate tracker

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First Direct launches offset base rate tracker

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08-20-2008, 01:10 AM

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First Direct launches offset base rate tracker

First Direct, part of the HSBC group, has launched a fee-free offset base rate tracker mortgage.Interest remains at 0.99% above base rate for the term of the mortgage (currently 5.99%) and the lender promises an immediate rate change, following a Bank of England announcement.The loan is only available to remortgagers and is linked to a [...]

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