HSBC launches its first ever sub 4% rate for 90% LTV mortgage borrowers

HSBC today launches its first ever sub 4% interest rate for mortgage borrowers with a 10% deposit – a 3.84% two-year discount deal with no fee to pay.

Related topics:  Mortgages
Millie Dyson
24th November 2011
Mortgages
During 2011 HSBC has continuously helped first time buyers, and those looking to move on, by offering competitive rates for customers with a relatively small deposit.

In addition to great variable rates, HSBC continues to offer two-year and five-year fixed rates at 85% and 90% LTV fee-free.

Peter Dockar, Head of Mortgages at HSBC, said:

"We are committed to supporting first time buyers and last month we pledged to make a further £350m available to borrowers with equity or a deposit of 10-15% by the end of the year.

"We recognise that first time buyers need help so as well as great rates with no fee options we offer our customers a free mortgage advice service in branch to help them get the right deal for them."
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