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HSBC unveils top variable mortgage

HSBC unveils top variable mortgage

Category: Mortgages

Updated: 01/02/2013
First Published: 01/02/2013

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 It is now over 6 months old so the content may be out of date.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 a market-leading variable tracker rate mortgage available to borrowers with deposits of 40% and over.

The basics…

Offering a variable rate of 2.38% (BBR+1.88%) for term, this deal has a maximum loan-to-value of 60%.

The finer details….

Purchase and remortgage borrowers have a maximum advance of £250,000 and an arrangement fee of £1,499 is payable upfront.

Free legal fees are also offered to remortgage customers.

Why we like it….

This mortgage offers a good all-round deal to borrowers with large deposits. Five out of five Moneyfacts stars have been awarded.

What next?

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 Any products featured may be withdrawn by their provider or changed at any time.