10-yr fixed mortgage is a cut above the rest | Product News - Moneyfacts

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10-yr fixed mortgage is a cut above the rest

10-yr fixed mortgage is a cut above the rest

Category: Mortgages
Date: 07/07/2016

HSBC has launched an attention-grabbing 10-year fixed mortgage onto the market, immediately securing it a prized place on the charts and an 'outstanding' rating thanks to its highly competitive rate and terms.

The basics…

This 10-year mortgage has a highly competitive rate of 2.79% fixed until 31.8.26, the lowest rate currently available for its term. It is offered at a loan-to-value (LTV) of 65% and has absolutely no product fees.

The finer details…

All borrowers with a 35% deposit are welcome to apply for this deal. An incentive package of free valuation is offered to all applicants, while remortgagors can also benefit from free legal fees. In terms of repayment options, this mortgage allows borrowers to make regular overpayments, offering welcome flexibility.

Why we like it…

This deal demands attention, and rightly so. Boasting the lowest rate currently on offer in its sector as well as no product fees, this mortgage will appeal to those who are looking to keep their short and long-term costs down. The accompanying incentive package further enhances its appeal and ensures that this product fully deserves the highest Moneyfacts rating.

Moneyfacts rating: Outstanding

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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