HSBC improves on mortgage perfection - Mortgages - News - Moneyfacts


HSBC improves on mortgage perfection

HSBC improves on mortgage perfection

Category: Mortgages

Updated: 30/03/2010
First Published: 30/03/2010

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 It is now over 6 months old so the content may be out of date.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 has moved further ahead of the tracker mortgage pack by reducing the rate on its already market leading tracker for term deal.

Available up to 90% loan-to-value but for house purchase only, the new deal has a rate of 4.49% and no fee.

Whilst lowering the rate, HSBC has also managed to maintain all of the original deal's best features, including a free valuation, no redemption penalty and the ability to overpay.

Certain to be an appealing option to borrowers with a 10% deposit, this product earns the maximum five out of five Moneyfacts stars.

Find the best mortgage for you - 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 Any products featured may be withdrawn by their provider or changed at any time.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

Does your mortgage lender owe you money?

Earlier this week, the financial watchdog revealed that hundreds of thousands of mortgage holders could have been overcharged by their lender. Are you one of the many who could be in line for a windfall?

Do you think your home will rise in value?

There’s been a lot of talk recently about the rate of house price growth slowing, but is it affecting your personal expectations? According to research, it could be, with fewer people now expecting the value of their property to increase.

Confidence among “second steppers” is on the rise

We all know how difficult it can be taking that first step on the ladder, but what about the second step? In many cases, getting onto the next rung can be just as challenging, but happily, confidence among this cohort appears to be on the rise.