HSBC launches a 10 year fixed rate at 2.79%.
In the wake of vote leave and the economic uncertainty this might bring about, HSBC has just launched a low rate 10 year fix.
It’s aimed at home-owners wanting to avoid uncertainty over the next few years.
While such a long term fixed rate product is largely an alien concept to UK borrowers, the idea is growing in appeal
With this new fee free deal launched at 2.79%, we might just see a sea change. Perhaps borrowers will start to see the benefit of a longer term deal.
HSBC aren’t the only ones to offer such a low rate fix. The Coventry BS has launched its own 10 year deal and this one has rates set at just 2.39%.
If you are growing increasingly concerned about mortgage rate volatility in the future, and would like to review longer term options call us at Deal Direct.
There are currently over 130 10 year fixes available at the moment. With searching through every lenders terms and criteria likely to be an arduous task, contact one of our advisers on 0800 048 8828 and let us take the strain.
For independent advice and a ‘whole of market’ mortgage review call us today.
Speak to an adviser on 0800 048 8828,
for no-obligation advice.
