The First direct offset mortgages enable customers to move as many times as they like with no mortgage transfer fee to pay, overpay, underpay and redraw funds at the same rate that they originally fixed the mortgage.
The mortgage attracts an arrangement fee of GBP299 and booking fee of GBP299 with an availability to move their mortgage to a new property during the fixed rate as many times as they like with no mortgage transfer fee to pay.
The mortgages provide a minimum loan size of GBP15,000 and the maximum at GBP300,000. They also offer the flexibility to make unlimited overpayments in either lump sums or regular payments.
