HSBC has reduced its variable tracker rate by 0.10%, asserting its position in the variable rate best buy tables.
This deal offers a competitive variable rate of 2.99% for term (BBR + 2.49%) and has a maximum loan-to-value of 70%.
Available directly to purchase and remortgage borrowers, this product has no arrangement fee and also offers incentives of free valuation fees and free legal fees for those remortgaging.
There is also the option to make overpayments.
This deal should attract a fair amount of interest from borrowers with deposits of 30% and over who are looking for a competitive variable rate. Five out of five Moneyfacts Stars have been awarded.
Compare variable and tracker rate mortgages Mortgage repayment calculator How much can you borrow calculator
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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.