Changes have been made to HSBC’s residential existing customer switching, residential existing customer borrowing more, residential first-time buyer, residential first-time buyer energy-efficient home, residential homemover, residential homemover energy-efficient home, residential remortgage, residential remortgage energy-efficient home, and residential remortgage cashback ranges.
On the BTL side, its BTL existing customer switching, BTL existing customer borrowing more, BTL purchase, BTL remortgage and international residential ranges have been reduced.
Within its new business residential purchase range, examples of its changes include its two-year fixed rate at 60% loan to value (LTV) with no fee, which has fallen by 0.11% to 4.88%.
Its five-year fixed rate with a £999 fee at 60% LTV has gone down by 0.04% to 4.24%.
On the new business residential remortgage side, its two-year fixed rate at 60% LTV with a £999 fee will be reduced by 0.03% to 4.68%.
Its three-year fixed rate at 60% LTV with a £999 fee has decreased by 0.06% to 4.5%.
In HSBC’s switcher residential range, its two-year fixed rate at 60% LTV with no fee has fallen by 0.07% to 4.84%.
The lender’s five-year fixed rate at 60% LTV with a £999 fee has decreased by 0.04% to 4.24%.
The firm’s BTL remortgage two-year fixed rate at 60% LTV with no fee has gone down by 0.04% to 5.24%.
Its five-year fixed rate at 60% LTV with a £1,999 fee has fallen by 0.06% to 4.58%.
A HSBC spokesperson said: “We have worked hard to ensure those looking to take out a mortgage with us get a competitive deal, whether they are an existing customer coming to the end of a deal or a new customer getting onto or moving up the property ladder, or staying in the same property and remortgaging to us.
“We are here to support our customers, whether they are moving onto or up the property ladder, and we remain committed to offering our existing customers our lowest rates alongside competitive rates for new customers.”
