HSBC reduces its fixed rates.
HSBC has just announced rate cuts across its fixed rate range on deals from 60% LTV to 90% LTV.
Range highlights include:
- A 2 year fix for 60% LTV at 1.19% with a £1,499 booking fee.
- A 2 year fix for 60% LTV at 1.49% with a £999 booking fee.
- A 5 year fix for 60% LTV at 2.19% with a £999 booking fee.
- A 3 year fix for 80% LTV at 2.44% with a £999 booking fee
- A 2 year fix for 90% LTV at 2.38% with a £999 booking fee.
- A 5 year fix for 90% LTV at 2.88% with a £1,499 booking fee.
While rates are low, fees are high which could affect the competitiveness of the deals offered.
Before accepting any low rate offer it is crucial to make a 'like for like' comparison of all mortgages in the wider market. A slighter higher rate might work out better overall if it comes with a low fee or no fee at all.
If you want to compare these HSBC mortgages against other lenders' offers call us at Deal Direct on 0800 048 8828.
We are an independent 'whole of market' broker, which means we are not affiliated to specific lenders. We can therefore search the entire market to find you the very best deal on offer for your circumstances. We work 100% on your behalf and in your interest and not in the interest of a lender.
For impartial advice and a low rate quote call us on 0800 048 8828.
