First Direct has confirmed it will resume selling mortgage to non-customers from today.
The lender, part of HSBC Group, had suspended lending to new customers on 1 April after application numbers rocketed.
First Direct says it has cleared its backlog of mortgage applications from before 1 April, allowing it to maintain a high service standard for new customers, while looking after its existing customers.
Commenting on the move, Chris Pilling, chief executive of First Direct, says: “Last month we took the bold decision to withdraw from mortgage sales to non customers to allow us to process the huge number of enquiries we had received and focus on the excellent service we want to provide for our customers.
“We've now assessed all the loan applications outstanding from 1 April and earlier and let everyone know the outcome.”
The range available to new and existing customers includes two-year, five-year and ten-year fixed rate offset products, with fees ranging from between £498 and £1,998 and rates between 5.76% and 5.99%.
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