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Mortgages

Amend your existing online application

If you’ve recently applied for your first direct mortgage online and wish to make any amendments to your application, you’re able to change the following online:

  • loan amount
  • mortgage term
  • mortgage type (i.e. change from offset to repayment only)
  • interest rate (e.g. change from fixed, tracker or standard variable)

In order to make amendments, you’ll need to:

1. Use our ‘Find a mortgage for you’ tool to find the mortgage you would now wish to change to – remembering to select ‘Amending an existing application’ in the ‘I am..’ field.

2. Once you’ve selected the mortgage, you’ll then need to click on ‘Full details’, followed by ‘How to Apply’.

3. Then simply follow the on-screen instructions.

Please Note: You'll need to complete a new mortgage application if you want to make any other amendments to your online mortgage application or if your application was submitted over five months ago. If you do not wish to amend your interest rate, but cannot find the interest rate you originally applied for, please call us on 03 456 100 103.

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Important Notes

first direct Offset Mortgages are interest only mortgages. The monthly payments shown on the next screen will cover only the interest charged on your mortgage.

This payment does not cover an amount that you need to pay to a repayment strategy. You are responsible for making your own arrangements to repay your mortgage at the end of the mortgage term.

You must demonstrate that you have a suitable repayment strategy in place. You may choose to use an endowment policy or another investment or savings plan.

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HOW TO DECIDE WHAT'S IMPORTANT TO YOU WHEN BUYING A HOUSE?
Black and white. Peter’s living room in London. KATE (28) and PETER (50) in position on the sofa. It’s a locked off shot.
They are both talking to camera. They know they’re being filmed.
CAPTIONS: KATE (first time buyer) PETER (Kate’s dad).
KATE:
When you’re buying your first house, where do you start?
PETER:
Stay in your Dad’s spare room for three years so you can save for a deposit.
Kate looks to camera.
And then get him to give you the deposit because you’ve spent all the money you saved on designer sunglasses and holidays.
KATE:
I have saved some.
Peter shakes his head.
PETER:
She hasn’t. Not really.
KATE:
I’ve made a list to help me decide what’s important to consider when buying a house.
PETER:
Make sure it’s near a pub... And away from your mother.
KATE:
What do you ask when you’re viewing a house?
PETER:
Tell you what... I’ll be the estate agent, you go through your list.
KATE:
How quickly can the owners move out?
PETER:
Well there’s some work to do on the new place - helipads etc. – say three months?
KATE:
Helipads? Why are they selling the property?
PETER:
Won the lottery. Biggest win ever. And they’ve bought an Island.
KATE:
How long has the property been on the market?
PETER:
When’s the lottery?
KATE:
Saturday.
PETER:
Sunday morning.
KATE:
Is it lease hold or free-hold?
PETER:
It’s a lease hold turns out.
KATE:
(sheepishly) What’s a lease-hold?
PETER:
(talking as if she is a child) You only own a leasehold property for a fixed period of time.
You have a legal agreement with the landlord called a ‘lease’. This tells you how many years you’ll own the property. Ownership of the property returns to the landlord when the lease comes to an end.
KATE:
Oh. Right. How long’s left on the lease?
PETER:
Three thousand years.
KATE:
Yes, that’s in budget. Is the property a listed building or in a conservation area as this may limit the changes I want to make to it in the future?
PETER:
It’s a new build.
KATE:
Great.
PETER:
Although there is rather an important piece of ‘street art’ on the door.
KATE:
Street art?
PETER:
Bright side... door’s worth more than the house.
KATE:
What fixtures and fittings are included?
PETER:
Everything... except the door.
KATE:
Right. If you’re not going to...
PETER:
Sorry.
Peter goes back into ‘character’.
Can I ask what you like about the house?
KATE:
I’ll have my own space.
PETER:
But... it’s got two bedrooms, so people can stay.
KATE:
I’m turning the spare room into a walk in wardrobe.
PETER:
But there’s definitely a fold out sofa if for example if your friends or your dad for example wanted to come round the odd Monday night and watch TV. I mean he has put up some... technically most, all the deposit.
KATE:
You’re welcome anytime.
He smiles.
KATE (CONT’D):
But ring ahead.
first direct. Call for surprisingly straightforward advice on our mortgages 8am-10pm, 7 days a week.
Because we want to make sure we’re doing a good job, calls may be monitored and/or recorded, we hope you don’t mind. Your home may be repossessed if you do not keep up repayments on your mortgage.

Find a mortgage for you

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The figures and information provided by this tool are for illustration only and do not mean we can offer to lend to you. They do not include all the details that you need to choose a mortgage. Please make sure you read your individual Key Facts Illustration (KFI) before you make a decision.

A KFI gives you tailored information, based on a particular mortgage and the level of lending you require, which is important to help you make your decision. This includes associated rates and fees, the overall cost of the mortgage and your monthly payments. All lenders provide this information in the same format to enable customers to easily compare products. You can request a KFI for any product that you are eligible for.

How much can I borrow?

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Important information

The figures provided by this tool are for illustration only and do not mean we can offer to lend to you. All lending is subject to status and a full financial assessment being made.

The amount we may consider lending will depend on your individual situation, the property you are purchasing (e.g. new build), the loan you choose and the amount you borrow.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

† Our Mortgage Team is available 8am to 10pm, 7 days a week