HSBC are offering competitive tracker mortgage rates.
Competitive tracker mortgage rates could now offer an even greater deal, in light of the IMF proposal for the already the low base rate to be cut further.
With mortgage rates moving both up and down it is getting difficult for would-be buyers and those looking to remortgage to source a competitive offer on their own. The mortgage market is vast with so many deals on offer that it can be virtually impossible to source the most competitive loans without help.
Deal Direct are an independent mortgage expert dedicated to finding the best low costs offers. Before comparing any mortgages we will first review your circumstances. This then allows us to personalise our mortgage search to ensure we match the best quotes with your needs. We only recommend those products which are both affordable and tailored to you.
Deposit levels affect the rate you are likely to achieve and the larger the deposit the cheaper the offer will be. For a large deposit of 30% and above you should achieve the best rates.
For 70% LTV HSBC are offering a lifetime tracker mortgage pegged to the BoE base rate at 2.49%, which currently means a final rate of 2.99%. Should the base rate fall and HSBC have no cap in place, you could benefit from a even cheaper rate. This rate come with a £599 fee, a fee free version is on offer at 3.29%.
For 80% LTV HSBC offer a lifetime tracker at 3.29% with a £599 fee, for 85% LTV a fee free rate of 3.99% is on offer and for 90% LTV the lender offers a rate of 4.79% with a £599 fee.
For the most competitive tracker mortgage rates on offer contact Deal Direct today.
