"The Easy Way to Get Your Best UK Mortgage"



Bookmark This


Google Feeds


Yahoo Feeds


AOL Feeds


Newsgator Feeds
About Us
Your Privacy
Contact Us
Tip Our Charity
This website is Approved by Cradon Investments Ltd Authorised and Regulated by
the Financial Services Authority FSA No: 300505


TrustGuard

UK Mortgage Lenders

mortgages First Active

First Active was launched in June 2004. At first they only offered mortgages through intermediaries. Now, however, they've expanded and offer products over the phone and online as well.

First Active offer fixed and discount mortgages, with low rates up front and have very competitive lifetime rates after that.

Fixed: First Active gives you the option to choose from 2 and 5 year fixed rate mortgages

2 Year: your starting rate is fixed for this period. It then, for the rest of the mortgage term goes back to a variable rate, which is set according to the Bank of England base rate. An early repayment charge applies if you repay your mortgage during the fixed rate period.

  • Interest is calculated daily
  • An arrangement fee is applicable

5 Year: the starting rate on this mortgage will be slightly higher but that is because its fixed term is longer. After this period is over it will revert to a variable rate for the rest of the mortgage term. This is set according to the Bank of England base rate. An early repayment charge applies if you repay your mortgage during the fixed rate period.

  • Interest is calculated daily
  • An arrangement fee is applicable

Discount: First Active gives you the option to choose from 2 and 3 year discount rate mortgages.

2 Year: the discount is set off the Bank of England base rate for this period, and only changes if the Bank rate changes. After the discount period your rate will be set at a variable rate. An early repayment charge will apply if you repay your mortgage during the discount period.

  • Interest is calculated daily
  • An arrangement fee is applicable

If the Bank of England base rate changes your interest rate will change within 5 days. Fixed rates will not change though. Your interest rate won't change for any other reason.

Do you want to compare First Active mortgage deals with those of other lenders? Simply complete one easy form and an independent adviser will call you back with a choice of best mortgage quotes from a wide variety of lenders. Click here to do this now

Back To UK Mortgage Lenders List

[improve this article]

Browse over 200 Free Mortgage Tips

Your Complete Guide to UK Mortgages

Find Out How to Win the Race to Buy Your Home - Home Buyers Guide

How to Sell Your Home

Learn How to Save ££s by Remortgaging

Read the Insider Info on Home Insurance

Best Buy UK Mortgage Tables

UK Mortgage Calculators

UK Mortgage Quotes

First Time Buyers

Self Employed Mortgages

Bad Credit Mortgages

Overseas Mortgages

Common Questions / FAQs

Mortgage Definitions

Mortgage Lenders UK List

LATEST MORTAGE UK NEWS

Site Help

About Us

Your Privacy

Contact Us

HELP

Mortgage Guide Site Map

Tip Our Charity