2-yr fixed rate mortgage enters top 10 | Product News - Moneyfacts

Product News

2-yr fixed rate mortgage enters top 10

2-yr fixed rate mortgage enters top 10

Category: Mortgages
Date: 20/10/2014

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 It is now over 6 months old so the content may be out of date.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 has reviewed its fixed rate products and made several reductions. The two-year deal has been reduced by 0.20%, which has earned it a place in the Moneyfacts charts.

The basics…

This two-year deal now has a very competitive rate of 2.39% at a loan-to-value (LTV) of 80% until 28.2.17. A fee of just £499 is payable.

The finer details…

This mortgage is available to first-time buyers, second-time buyers and remortgagors with a 20% deposit. Those looking to remortgage can benefit from an incentive package of free legal fees.

Borrowers are offered flexibility over their repayments with the option to make regular overpayments.

Why we like it….

This offering has a very tempting rate that is sure to draw in borrowers with the right deposit. The low fee is an added bonus and remortgagors can also benefit from the offer of free legal fees.

Four Moneyfacts Stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
Close