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HSBC ups resi, BTL and international resident rates

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  • 09/08/2022
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HSBC has increased the rates on select residential, buy-to-let and international resident products with the changes coming into force today.

In its residential existing customer switching range, two-year fixed fee saver products between 70 and 90 per cent loan to value (LTV) have been increased, along with its two-year fixed standard mortgage at 90 per cent LTV.

For instance, its two-year fixed fee saver product at 60 per cent LTV is 3.37 per cent, and its standard product with a £999 fee is 3.2 per cent.

Rates on five-year fixed fee saver products in the same range between 60 and 95 per cent LTV have risen, as well as its five-year fixed rate standard product at 90 per cent LTV and its five-year fixed premier exclusive deal at 90 per cent LTV.

Its five-year fixed rate fee-saver deal at 60 per cent LTV is 3.44 per cent, and its standard product with a £999 fee is 3.23 per cent.

Within its residential existing customer borrowing more range. two-year fixed fee saver products between 70 and 90 per cent LTV have gone up, and its two-year fixed standard deal at 90 per cent LTV has increased,

Its two-year fixed rate fee saver product at 60 per cent LTV is 3.37 per cent, and its standard product with a £999 fee is 3.2 per cent.

Rates on its five-year fixed free saver mortgages between 60 and 90 per cent LTV have risen, and its five-year fixed standard and premier exclusive at 90 per cent LTV have increased.

Its five-year fixed rate fee saver product is 3.44 per cent and its standard product with a £999 fee is 3.23 per cent.

First-time buyer two-year fixed fee saver and standard products between 60 and 90 per cent LTV have gone up. Its five-year fixed standard and premier exclusive have gone up between these LTV bands.

Its two-year fixed rate fee saver product is 3.65 per cent its standard product with a £999 fee is 3.34 per cent.

Remortgage products on both two and five-year terms, either fee-saver and standard versions, between 60 and 90 per cent LTV have gone up.

Its two-year fixed rate fee-saver product at 60 per cent LTV is 3.63 per cent and its standard mortgage is 3.29 per cent.

On the home mover side, two-year fixed fee saver and standard products between 60 and 90 per cent LTV have increased, and five-year fixed fee saver deals up to 95 per cent LTV have risen in rate.

Five-year fixed standard and premier exclusive mortgages up to 90 per cent LTV have also gone up.

 

Buy-to-let and international resident rates increase

In its UK buy-to-let purchase range, five-year fixed fee saver products up to 75 per cent LTV have increased, and on the remortgage side five-year fixed fee saver mortgages at 60 per cent LTV have gone up.

On the international residential new business range, two-year and five-year fixed fee saver and standard products up to 75 per cent LTV have risen, and its five-year fixed premier exclusive up to 75 per cent LTV has also increased.

Similar changes have been applied to its international residential existing customer range

The lender added that it was removing its two-year fixed rate fee saver product at 65 and 75 per cent LTV in its buy-to-let existing customer switching and borrowing more ranges.

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