HSBC has said that interest on its range of 70%, 80% and 90% LTV mortgages will be the lowest on the high street for two-year and five-year fixed rates, lifetime trackers and two-year discount rates.
Booking fees are £1,499 and HSBC Advance and Premier customers will receive £300 off their booking fee. Existing HSBC mortgage holders switching rates or borrowing more will get £500 off their booking fee.
The new deals include:
- 2.48% 2-year discount rate - £1,199 (£1,499 fee for non HSBC Advance or Premier customers)
- 3.29% 2-year fixed rate – £1,199 fee (£1,499 fee as above)
In addition, HSBC has launched a 0.99% 2-year discount rate at 60% LTV with a £1,499 fee.
As part of its refreshed rates, the bank is also offering a 1.29% 2-year fixed rate up to 60% LTV with a £1,499 fee
Peter Dockar, HSBC Head of Mortgages, said:
“We are committed to helping UK borrowers access market-leading rates without the hassle of searching around. Our pledge to our customers is simple – we offer the best mortgage rates on the high street.”
