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HSBC hits discounted mortgage heights

HSBC hits discounted mortgage heights

Category: Mortgages

Updated: 24/11/2011
First Published: 24/11/2011

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 It is now over 6 months old so the content may be out of date.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 hit new heights with the launch of a five star variable rate discounted mortgage.

The latest addition to its mortgage range offers a highly competitive discounted rate of 3.84% for two years.

It is the lowest rate available over the two year term at 90% loan-to-value, and sure to appeal to first time buyers or anyone with limited equity in their home.

Adding to its allure is the absence of an arrangement fee, while borrowers also benefit from an incentive package of a free valuation.

For anyone remortgaging, there are free legal fees.

A brilliant rate, no fee and enticing incentives see this deal earn the maximum five out of five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.