HSBC has enhanced its already highly competitive mortgage range with the launch of a fee free, discounted rate product.
It boasts a rate of 2.99% for two years (0.95% discount), a maximum loan-to-value of 75%, no fee and incentives of free valuation and remortgages legal d fees (England and Wales) or a £400 rebate (Scotland and Northern Ireland).
As well as offering one of the lowest rates in this sector, the absence of an arrangement fee and the incentives package for both purchase and remortgage borrowers ensures excellent value for money.
The scaled down philosophy behind this product means that no overpayments are allowed although, this is outweighed by the fantastically low rate and fee.
The product has been awarded the maximum five out of five Moneyfacts stars.
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