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HSBC cuts 10yr mortgage rate

HSBC cuts 10yr mortgage rate

Category: Mortgages
Date: 09/02/2017

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 It is now over 6 months old so the content may be out of date.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 reduced the fixed rate on its 10-year mortgage offering by 0.25%, which sees it enter the Best Buy chart for its sector and earns it a high Moneyfacts rating.

The basics…

This mortgage now boasts a rate of 2.94%, fixed to 30.6.2027, at 80% loan-to-value (LTV). It is completely fee-free.

The finer details…

This deal is offered to all borrowers with the necessary deposit. It comes with an incentive package that includes free valuation fees for all and free legal fees for remortgagors, as well as the option to make overpayments.

Why we like it…

The improved rate, combined with its fee-free status and long-term stability, are more than enough to earn this competitive deal a place in the Best Buys as well as a high rating.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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