The lender has decreased the rate on its five-year fixed rate remortgage at 60 per cent loan to value (LTV) from 0.99 per cent to 0.94 per cent. It has a fee of £999.
Its two-year fixed rate at 75 per cent LTV has fallen from 1.04 per cent to 0.99 per cent. It comes with a £999 fee.
HSBC brought out several sub-one per cent deals, including a two-year fixed rate at 60 per cent LTV at 0.94 per cent in July. It then brought out a 0.89 per cent deal in August, also a two-year fixed at 60 per cent LTV, which is its lowest ever fixed rate product.
In its remortgage range, the lender has also cut its no-fee two-year fixed rate at 75 per cent LTV by 1.39 per cent to 1.29 per cent. Its five-year fixed rate at 75 per cent LTV with a £999 fee has been cut from 1.19 per cent to 1.14 per cent.
On the purchase side, its two-year fixed rate at 85 per cent LTV has gone from 1.74 per cent to 1.59 per cent. Its two-year fixed rate at 90 per cent LTV has fallen from 1.99 per cent to 1.94 per cent. Both come with a £999 fee.
HSBC UK’s head of buying a home, Michelle Andrews, said: “Buying a home or remortgaging with us has never been cheaper. These cuts will make getting on to or moving up the property ladder more affordable, possibly being the difference in a home buyer being able to afford the property of their dreams.”