HSBC cuts rates on fixed mortgages at 75% LTV or more

HSBC has reduced rates on fixed rate mortgages with an LTV of 75 per cent or more.

In total there are 15 fixed rates being cut and the lender says this makes some of the deals ‘best in class’. 

These include:

 2 year fixed rate mortgage at 1.34% at 85% LTV with £999 fee

5 year fixed rate mortgage at 1.84% at 75% LTV with £999 fee

5 year fixed rate mortgage at 1.99% at 80% LTV with £999 fee

HSBC UK’s head of mortgages Tracie Pearce says: “For those looking to purchase now, these rates offer great value and are particularly beneficial for first time buyers looking for mortgages with higher LTVs.”