HSBC cuts 95% LTV fixed rates

Mortgage Introducer

August 17, 2018

HSBC UK is refreshing its mortgage range by reducing a number of fixed rates.

The lender’s 95% loan-to-value 3 and 5-year fixed rates have been cut by 0.30% to 3.44% and 3.59% respectively, both with no fee.

Meanwhile HSBC’s 95% LTV 2-year fix has been cut by 0.15% to 3.34% with no fee.

Tracie Pearce, HSBC’s head of mortgages in the UK, said: “We are committed to offering good value to customers with large or smaller deposits.

“Fixing a mortgage can give homeowners peace of mind and clarity and certainty of their monthly payment.

“With the reductions across our range of mortgages home-buying and remortgaging with us has just become more affordable, particularly for first-time buyers.”

HSBC has also reduced its 3-year fix to 80% LTV by 0.15% to 1.99% with a £999 fee.

And the lender’s 60% LTV 5-year fixes have been reduced by 0.05% to 1.89% with a £999 fee and to 2.09% with no fee.

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