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HSBC cuts fixed and tracker mortgage rates

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  • 16/08/2019
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HSBC cuts fixed and tracker mortgage rates
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.”

 

 

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