HSBC has confirmed that it will lower rates across its residential mortgage range by an average of 0.15 per cent and buy-to-let rates by up to 0.32 per cent.
The lender announced that it would cut a range of rates yesterday but did not release details until today.
HSBC said residential mortgage cuts ranged from 0.1 per cent to 0.25 per cent.
For existing customer switching, pricing starts at 5.42 per cent for a two-year fixed rate with no fee at 60 per cent loan to value (LTV).
In its existing customer borrowing more range, products are priced from 5.42 per cent for a fee-free two-year fixed rate at 60 per cent LTV.
First-time buyer products begin from 5.59 per cent and home mover deals start from 5.59 per cent.
On the remortgage side, pricing is set from 5.99 per cent and international residential rates start from 6.39 per cent.
Within its buy-to-let range, buy-to-let purchase deals begin from 6.19 per cent and buy-to-let remortgage pricing starts from 6.19 per cent.
Buy-to-let existing customers borrowing more can access rates as low as 5.42 per cent along with existing customers switching rates.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
