HSBC launches reduced rate mortgage range
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HSBC has cut the rates on its 80 % LTV mortgage products and launched a new 2.79 % two-year discounted mortgage.
It has reduced the rates on its 80% LTV mortgage products by 0.4% with booking fees remaining at £399 or less.
Its two-year fixed rate 80% LTV deal now has a rate of 3.49%.
As part of the new range, HSBC is also introducing a new 80% LTV two-year discount mortgage at 2.79%, with a booking fee of only £99.
Martijn van der Heijden, head of lending at HSBC, says: “Our 2.79% discount mortgage is designed to help homeowners, many of which are facing a tough time.
’With just a £99 booking fee, those with a limited budget don’t have to fork out a fortune to start saving money.”
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