HSBC launches Help to Buy:2 mortgages | Product News - Moneyfacts

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HSBC launches Help to Buy:2 mortgages

HSBC launches Help to Buy:2 mortgages

Category: Mortgages
Date: 26/11/2013

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 It is now over 6 months old so the content may be out of date.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 launched two fixed rate Help to Buy: Mortgage Guarantee products for borrowers who only have a small deposit.

The basics…

The two and five-year fixed rate deals are priced at 4.79% and 4.99% respectively up to 95% loan-to-value (LTV).

Borrowers will also be charged a very reasonable fee of £99.

The finer details…

The minimum deposit requirement is £10,000.

These mortgages are only available on existing properties (not new builds).

Customers can borrow up to a maximum of £400,000.

Why we like it…

These 95% LTV deals from HSBC are both highly competitive in their respective sectors, entering the Moneyfacts Best Buys.

Four Moneyfacts Stars have been awarded.

What Next?


Looking to fix your mortgage rate for 2 years?


Call HSBC Directly on 0800 077 4178

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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