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HSBC and TSB lower rates across a range of products – round-up

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  • 08/12/2022
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HSBC and TSB lower rates across a range of products – round-up
HSBC has reduced a range of its rates including residential existing customer, first-time buyer, remortgage, home mover and buy-to-let deals.

The changes come into effect from today.

In its residential existing customer range, five-year fixed fee saver, standard and premier exclusive products up to 75 per cent loan to value (LTV) have been cut, along with its two-year tracker fee-saver and tracker standard products up to 90 per cent LTV.

The changes also apply to its residential existing customer borrowing more range.

Residential first-time buyer two-year fixed fee saver deals up to 85 per cent LTV have gone down and two-year fixed standard deals between 80 and 90 per cent LTV have decreased.

Five-year fixed fee saver deals at 85 and 90 per cent LTV have fallen, and fixed standard and premier exclusive deals on the same term at 60 and 90 per cent LTV have decreased.

Two-year tracker standard products up to 85 per cent LTV have gone down.

On the residential remortgage side, two and five-year fixed fee saver deals up to 90 per cent LTV have decreased.

Changes have also been made to five-year fixed premier executive and two-year tracker standard deals have reduced.

In its residential home mover range, two and five-year fixed fee saver and standard deals up to 90 per cent LTV have fallen. Five-year fixed premier exclusive and two-year tracker standard products have been changed.

On the buy-to-let side, standard, fee saver and tracker standard products on both two and five-year terms up to 75 per cent LTV have decreased.

Changes have also been applied to its international residential range.

 

TSB cuts residential and PT rates

TSB has said that in its residential ranges five-year fixed house purchase and remortgage up to 85 per cent LTV with £995 fee have gone down by up to 0.55 per cent.

Pricing will start from 4.89 per cent and go up to 5.14 per cent at 85 per cent LTV.

The lender has also introduced two-year fixed rate shared ownership remortgage products up to 85 per cent LTV, and shared equity remortgage deals up to 80 per cent LTV. Both start from 5.89 per cent.

In its product transfer (PT) range, two-year fixed residential deals with £995 fee have fallen by 0.1 per cent and start from 4.99 per cent.

Five-year fixed residential deals with £995 fee up to 85 per cent LTV have also fallen by 0.1 per cent with pricing beginning from 4.79 per cent.

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