HSBC will make a mix of increases and decreases across its product lines from tomorrow.

Changes will be made across two- and five-year fixes on the lender’s residential existing customer switching products, first-time buyer (FTB), home mover, remortgage ranges and buy-to-let (BTL).

Examples of changes include: Residential remortgage: Two-year fixed fee saver at 85% and 90% LTV decreasing Residential FTB/home mover: Five-year fixed standard at 60%, 70% and 75% LTV increasing BTL remortgage: Two-year fixed £1999 Standard at 60%, 65% and 75% LTV decreasing International residential: Five-year fixed premier exclusive at 60%, 70% and 75% LTV increasing

John Charcol mortgage technical manager Nick Mendes says: “HSBC’s latest mortgage rate changes reflect a strategic and varied approach, with a mix of increases and decreases across its product lines.”

“The reductions in the 2-Year Fixed Standard products at 80% and 85% LTV suggest a focus on making mid-tier borrowing more attractive, particularly for homeowners looking to remortgage. However, the increases in lower LTV products, especially at 60%, point to a more cautious response to recent market volatility and rising funding costs.”

“These adjustments align with similar moves from major lenders such as Barclays, Halifax, Santander, and NatWest, who have all reacted to fluctuations in swap rates. While these repricing changes signal short-term market volatility, they don’t necessarily indicate a long-term trend.”

“In the broader economic context, falling inflation has strengthened the Bank of England’s position to consider rate cuts in November and possibly December. However, the market remains sensitive to changes in the economic outlook, with attention focused on next week’s budget for further direction.”

Elsewhere, Aldermore has launched limited edition BTL mortgage rates, effective tomorrow.

For individual and company landlords with single residential investment properties, the lender has added a five-year fix with zero fee and a rate of 5.69% up to 75% LTV.

In the same range it has added a two-year fix with a 3% fee and a rate of 4.84% up to 75% LTV.

Meanwhile, the lender has added four products to its multiple property range for individual and company landlords with residential investment properties.

Aldermore has added a five-year fix with a 1.50% fee and a rate of 5.34% up to 75% LTV as well as a two-year fix with a 3% fee and a rate of 4.79% up to 75% LTV.