Mortgage News
HSBC cuts rates on high LTVs
HSBC has cut rates on many of its higher loan to value (LTV) mortgages.
The lender has cut rates by up to 0.15% on 15 of its fixed rate mortgages with an LTV of 75% or more.
It said this made several of them best in class.
Offers include:
- Two-year fixed rate mortgage at 1.34% at 85% LTV with £999 fee
- Five-year fixed rate mortgage at 1.84% at 75% LTV with £999 fee
- Five-year fixed rate mortgage at 1.99% at 80% LTV with £999 fee
HSBC UK head of mortgages Tracie Pearce (pictured) said: “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.”
