The cuts will apply from 26 August and will see two- and five-year fixed rates for UK residential first-time buyers and homemovers fall at 60%, 70% and 75% loan to value (LTV).
Changes will be made to standard and energy-efficient product options.
Cuts will also be applied to remortgage products, fixed for two or five years, open to first-time buyers and homemovers, also at 60%, 70% and 75% LTV. This will include standard products, options with cashback, and deals for energy-efficient homes.
For its BTL borrowers, HSBC will reduce five-year fixed switching and borrowing more rates, two- and five-year fixed remortgages and energy-efficient remortgages.
All changes will apply at 60% LTV.
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HSBC will also lower two- and five-year fixed rates for international residential borrowers at 60%, 70% and 75% LTV, and the two-year fixed international BTL fee-saver product rate at 60% LTV.
Earlier this week, HSBC extended its Energy Efficient Homes Cashback to include BTL mortgages.
