HSBC UK has announced rate reductions across its mortgage range for the second time this week.
The latest reductions mark the first time all purchase and first-time buyer rates have been under 5% since 2022.
Cuts have been made across HSBC's residential purchase and remortgage ranges, as well as buy-to-let, switcher and international rates.
Residential rates have reduced by up to 0.20%, with buy-to-let and international mortgages down by up to 0.25%.
Remortgage reductions see two and five-year fixed rates at 60% LTV both priced at 3.89% for non-Premier and 3.84% for Premier customers.
A two-year fix for purchase and first-time buyers at 95% LTV has reduced to 4.99% with no fee.
Buy-to-let rates are down by up to 0.25% with a two-year fixed rate remortgage product at 60% LTV down to 3.79% with a £3,999 fee or 4.04% with a £1,999 fee.
A two-year switcher product at 60% LTV for existing Premier customers coming to the end of their current mortgage deal is now available at 3.79%.
In addition, international residential rates have reduced by up to 0.17%.
