HSBC offers B2L range to advance customers
HSBC Advance is a free current account where customers must pay £1,750 a month, while HSBC Premier is for customers with £60,000 in deposits and/or investments.
Tracie Pearce, head of mortgages at HSBC, said: “We’ve listened to our customers and have made it much simpler and easier for them to invest in buy-to-let properties with us.
“From today, more than 1.3 million HSBC Advance customers now have access to our fantastic buy-to-let range, as well as the market-leading residential mortgages and regular savings rates they already enjoy.”
HSBC’s top Advance buy-to-let rates are 2-year fixes at 2.59% to 65% LTV with a £1999 fee, 3.39% to 65% LTV with a £99 fee, £3.09% to 75% LTV with a £1999 fee and 3.89% to 75% LTV with a £99 fee.
In terms of its Premier buy-to-let rates they include market leading 2-year fixes to 65% LTV at 2.29% with a £1999 fee and 3.09% with a £99 fee, while to 75% LTV 2-year fixes stand at 2.79% with a £1999 fee and 3.59% with a £99 fee.