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New HSBC mortgage is (five) star of the show

New HSBC mortgage is (five) star of the show

Category: Mortgages

Updated: 22/10/2009
First Published: 22/10/2009

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 It is now over 6 months old so the content may be out of date.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 enhanced its already highly competitive mortgage range with the launch of a fee free, discounted rate product.

It boasts a rate of 2.99% for two years (0.95% discount), a maximum loan-to-value of 75%, no fee and incentives of free valuation and remortgages legal d fees (England and Wales) or a £400 rebate (Scotland and Northern Ireland).

As well as offering one of the lowest rates in this sector, the absence of an arrangement fee and the incentives package for both purchase and remortgage borrowers ensures excellent value for money.

The scaled down philosophy behind this product means that no overpayments are allowed although, this is outweighed by the fantastically low rate and fee.

The product has been awarded 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 Any products featured may be withdrawn by their provider or changed at any time.