View more on these topics

HSBC cuts rates on mortgage deals

HSBC-700x450.jpg

HSBC has applied interest rate reductions of up to 0.25 per cent on fixed rate mortgages, across a range of loan to value products.

The changes include rate reductions on 14 different mortgage deals with the following highlights:

  • 2 year fixed at 90 per cent LTV reduced to 1.94 per cent with a £999 fee
  • 2 year Feesaver fixed at 90 per cent LTV cut by 0.10 per cent to 2.34 per cent
  • 5 year fixed at 60 per cent LTV with £999 fee reduced by 0.10 per cent to 1.69 per cent
  • 0.25 per cent cut to 2.69 per cent on the 10 year fixed rate mortgage at 70 per cent LTV with a £999 and free valuation

HSBC head of mortgages Tracie Pearce says: “Following the Easter break, the home-buying season should soon be in full swing. These rate cuts across our range of LTVs will help those buying for the first time as well as those moving home or wanting to remortgage.”

Recommended

HSBC-Logo-Branch-Building-700x450.jpg

HSBC clients seek Europe move ahead of Brexit

Some of HSBC’s larger clients are asking for their business to be moved from the UK to offices in mainland Europe before a final Brexit deal is struck. HSBC head of global commercial banking Noel Quinn told Bloomberg said that some high-net-worth clients wanted to make sure they could keep trading regardless of what happens […]

Uhi_Jackie_Barclays_2015

HSBC hires Jackie Uhi as head of mortgage distribution

HSBC has appointed former Barclays managing director for mortgage distribution Jackie Uhi as head of mortgage distribution.  Uhi starts on 13 February after six years at Barclays. She will now be responsible for managing HSBC’s UK mortgage & protection distribution team across branches, contact centres and intermediaries. Chris Pearson will continue to lead HSBC intermediary […]

Mortgage-House-Coins-Wallet-House-700x450.jpg

HSBC cuts fixes by up to 0.30%

HSBC is cutting its fixed rates by up to 0.30 per cent on its two-, three- and five-year deals. Most of the lender’s two-year rates have been cut by 0.10 per cent, while most of its three-year loans are down 0.30 per cent. All of its five-year fixes are down 0.20 per cent. The lender […]

Retirement - thumbnail

A downhill stroll?

The Department for Work and Pensions (DWP) has recently published new research, which once again demonstrates how the prospect of retirement is changing for older workers.

Newsletter

News and expert analysis straight to your inbox

Sign up