The Bank has cut selected two-year fixed rates between 80% and 85% LTV by 5bps, with rates now starting from 1.34% to 85% LTV.
Three-year fixed rates between 80%-90% LTV have been reduced by up to 15bps.
New five-year fixed rates are available from 1.84% at 75% LTV and 1.99% at 80% LTV, both with a £999 fee.
Tracie Pearce, HSBC UK’s head of mortgages, said: “For those looking to purchase now, these rates offer great value and are particularly beneficial for first time buyers looking for mortgages with higher LTVs.”
