First direct has expanded its mortgage range and launched a new five-year fixed rate repayment mortgage.
The mortgage will be available with a 65%, 75% and 85% Loan to Value (LTV). Rates start at 4.69% for the 65% LTV deal.
Jimmy Kelly, head of mortgages at first direct, said: “With the election coming up soon and a predicted increase in the Bank of England Base Rate over the next few years