Related topic: HSBC

HSBC UK has announced further rate reductions across its purchase and remortgage products.

The lender has made changes across both residential and buy-to-let ranges, including for remortgage.

The rate reductions offer support to first-time buyers, home-movers and those seeking to remortgage.

First-time buyer rates have seen the largest reductions.

The rate reductions cover products for first-time buyers, home-movers and buy-to-let borrowers.

The bank has reduced rates across its first-time buyer, home-mover and remortgage ranges.

Barclays is the second major lender to withdraw sub-4% fixed rate mortgages this week.

The lender has reduced rates across dozens of products.

The bank says the move aims to boost landlord affordability and rental supply.

The maximum cashback available is now £2,000.