HSBC hits new heights with mortgage deals - Mortgages - News - Moneyfacts

News

HSBC hits new heights with mortgage deals

HSBC hits new heights with mortgage deals

Category: Mortgages

Updated: 13/09/2010
First Published: 13/09/2010

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

HSBC is scaling new heights with the latest raft of changes to its range of mortgage deals.

The arrangement fees on its 'special' mortgage deals have been reduced from £599 to £99, while the rates on some mortgages have been cut too.

This includes the variable tracker rate mortgage for term which is available at 90% loan-to-value.

A 0.30% reduction in its rate means the deal is now priced at 4.19%.

When coupled with the drop in fee, its appeal to those borrowers with a smaller deposit is obvious.

For improving what was already a top notch mortgage deal anyway, HSBC earns the maximum five out of five Moneyfacts stars.

Find the best mortgage rate - Compare best selling mortgages

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Remortgaging bounces back

Remortgaging has been enjoying a welcome boost in recent months, despite September’s slight dip, with many homeowners capitalising on record low mortgage rates to boost their finances.

Bank of Mum and Dad holds the (house) key

The Bank of Mum and Dad is an important source of finance for many young adults, and it seems that they still hold the key – in more ways than one.

Fee-free mortgages on the rise

Mortgage rates may be at record lows, but for some people, the extra costs associated can make switching deals a financial impossibility. It’ll come as welcome news, then, that the number of fee-free deals has more than doubled over the past year!
 
Close