HSBC has increased the cost of its fixed-rate residential, buy to let and international residential mortgages.

These sweeping changes affect both two-, three- and five-year fixes and will be applied to new and existing customers, whether they are purchasing or remortgaging. Rate increases will be applied at all LTV bands, from 60% to 95% LTV. 

For example HSBC’s two-year homemover residential mortgage will now cost 4.28% at up to 70% LTV (with a £999 fee). A five-year fix will cost 3.75% on the same fee-structure and LTV.

In its buy-to-let purchase range, a two-year fixed-rate deal is now priced at 3.79% up to 60% LTV (with a £199 fee) and at 3.82% up to 75% LTV, with the same fee.  The five-year fix starts at 3.73% at 60% LTV, with fee saver options offered.

On its BTL remortgage range, its two-year fix will now costs 3.82%, with a £1,999 fee, up to 75% LTV. 

Landlords looking to remortgage can get a five-year fix at 3.68% again with  £1,999 fee, or pay 4.03% with no fee. These rates are available up to 75% LTV.