First Direct typically allows mortgage borrowing of up to 4.75 times your income, which can increase to 5.5 times for first-time buyers. For personal loans, you can borrow between £1,000 and £50,000, repayable over 1 to 8 years, with decisions made quickly.
The perfect mortgage looks different to everyone, that's why we offer different rate types. Whichever first direct mortgage you choose, we could help you feel right at home: Borrow up to 4.75 times your income (5.5 times if you're buying your first home)
You can take out up to £500 per day. There is a daily cash withdrawal limit of £500 (or the foreign currency equivalent) at ATMs and you may need to enter your card twice depending on the ATM as some ATMs only allow lower amounts.
If you've got big plans, additional borrowing might be the way to make them come true. You might be able to borrow more on your existing mortgage, up to 90% of the value of your home, and secure that additional borrowing against your existing property. This is what's known as a secured loan.
Lenders traditionally offer an amount between four and five times your income, though in some cases they may offer more or less than this. If you are borrowing with a partner there are a few ways a lender might combine your incomes.
Loan Information
First Direct is a UK-based online and telephone bank, owned by HSBC. Known for its award-winning customer service, it operates without physical branches, offering 24/7 banking via phone, app, and online.
How do I increase or decrease my credit limit? You can call us on 03 456 100 100 to request an increase or to decrease your credit limit. You can call us on 03 456 100 100 to request an increase or to decrease your credit limit.
Who can apply? Probably you! You just need to be over 18, a UK resident and haven't been declared bankrupt or registered for an Individual Voluntary Agreement in the last six years (or be in the process of doing so).
Rules vary by bank, but limits are typically lowest for ATM withdrawals (ranging from $300 to $1,000), somewhat higher for debit card transactions (commonly around $5,000), and highest for in-person withdrawals at a teller (often up to $20,000).
Our debit card allows you to make cash withdrawals in pounds in the UK up to £500 per day or the foreign currency equivalent if withdrawing cash in foreign currency outside of the UK.
We're the bank that changed what banking means – we're not over there on the high street, we're right here, when and where you need us. We get that money matters to you, that's why we're: available 24/7, 365 – because money worries can't wait.
If you're applying for a 1st Account with us, you'll need: to be 18 or over. to be a UK resident. to not have been declared bankrupt or registered for an Individual Voluntary Agreement in the last 6 years (or be in the process of doing so)
A bank account with benefits
Loan is disbursed into your salary account within minutes. Your account is debited for management fee, interest rate, insurance and VAT as upfront fees and charges.
To get ₹50,000 urgently, download and open the Airtel Thanks App. Navigate to the Shop section, tap Airtel Finance, and choose Flexi Credit. Provide your details, begin profile verification, and complete digital KYC. Once your bank account is linked, the funds are typically disbursed within 24 hours.
Common Reasons a Mortgage Loan is Denied
Yes, you can likely get a $50,000 loan with a 700 credit score, as this falls into the "good" credit range (670-739) that unlocks better rates, but approval also hinges on your income, debt-to-income (DTI) ratio (ideally below 36%), and overall credit history, with lenders looking for stability and repayment ability, so prequalifying with multiple lenders helps compare terms.