The lender has organised its products into three ranges: standard, fee free and limited edition.
The standard range has one standard booking and/or arrangement fee and is available at 65% and 75% LTV, while the fee free range has no arrangement, booking or standard valuation fee, but slightly higher rates.
And the limited edition range will not be available all the time and will be created to address what customers are looking for at a certain time, such as a leading rate or higher LTV.
Richard Tolchard, senior mortgage product manager at First Direct, says the changes are designed to make it easier for customers to decide which mortgage is best for them.
He says: “We’ve organised our range to give customers the flexibility to choose between rate, fee and LTV depending on their personal circumstances.
“The limited edition mortgages allow us the freedom to judge market conditions and offer, for example, market leading rates to those with a lower deposit, whilst the fee-free versions cater for those who want to avoid up-front fees.”