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HSBC cuts rates on high LTVs

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  • 26/05/2017
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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.”

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