HSBC has cut interest rates on 25 products across its mortgage range, including fixed and tracker deals.
The lender has made the changes to fee-paying and fee-free mortgages at up to 85 per cent loan to value (LTV).
Highlights include:
- 60 per cent LTV five-year fix with £999 fee down by 0.05 per cent to 1.69 per cent;
- 80 per cent LTV three-year fix with no fee reduced by 0.04 per cent to 2.05 per cent;
- 75 per cent LTV five-year fix with no fee cut by 0.11 per cent to 1.94 per cent;
- 85 per cent LTV three-year and five-year no fee fixed rates reduced by 0.05 per cent to 2.14 per cent and 2.24 per cent respectively.
HSBC UK interim head of mortgages and savings Aaron Shinwell, said: “We are delighted to have reduced the interest rates on 25 of our mortgages today, which make getting on or moving up the property ladder more affordable.”
