The bank has pledged that its range of 90% LTV mortgages will be the lowest on the High Street across two and five year fixed rate products and lifetime trackers.
The new rates are available from today for home buyers with a 10% deposit. Fees are £999 for HSBC current account customers, non-customers can open an account and pay the same fee, otherwise fees are £1,499. The new deals include:
- 3.59% 2-year fix - £999 fee (£1,499 fee for non HSBC current account customers)
- 4.39% 5-year fix - £999 fee (£1,499 fee as above)
- 3.99% lifetime tracker - £999 fee (£1,499 fee as above)
Peter Dockar, HSBC Head of Mortgages, said:
"We have consistently shown our commitment to helping first-time buyers take their first step on the ladder and by promising the best rate on the high street we are taking away the hassle out of searching for a mortgage."
