HSBC cuts variable mortgage rate | Product News - Moneyfacts

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HSBC cuts variable mortgage rate

HSBC cuts variable mortgage rate

Category: Mortgages
Date: 02/09/2013

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 It is now over 6 months old so the content may be out of date.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 revamped its mortgage range, resulting in a number of rate reductions and new product launches.

The basics…

The pick of the bunch is the 2.69% for term variable rate mortgage at 70% loan-to-value.

This product is available to first time and second time buyers as well as those remortgaging.

The finer details…

There are no product fees.

The incentive package includes free legal fees for those remortgaging and free valuation fees.

Applicants can borrow up to a maximum of £1 million.

Why we like it…

This review from HSBC sees it reduce the rate on its variable mortgage for term by 0.10% to a highly competitive 2.69%.

The generous incentive package as well as no set-up fees will further add to the appeal of this best buy mortgage.

Four Moneyfacts Stars have been awarded.

What Next?

Compare the best mortgage deals

First time on the property ladder? compare the best mortgages for first time buyers

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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