HSBC has cut selected rates across residential and landlord deals by up to 30 basis points.
The high street lender adds that reductions on its residential mortgage average 20bps and range between 5bps and 30bps.
Highlights of its reductions include:
Existing customer switching — residential
- Five-year fixed-rate offers at 60% loan to value at 4.49%, with a £999 fee, down by 5bps
- Three-year 70% LTV and 75% LTV fixes at 4.69%, with a £999 fee, down by 30bps
- Two-year 70% LTV and 75% LTV fixes at 4.75%, with a £999 fee, down by 25bps
BTL remortgage
- Five-year 65% LTV fixes at 4.54%, with a £1,999 fee, down by 20bps
- Two-year 75% LTV fixes at 4.94%, with a £1,999 fee, down by 30bps
An HSBC UK spokesperson says: “We are here to support our customers and we remain committed to offering the best possible rates.
“That is why we are pleased to announce cuts to mortgage rates across some of our UK residential and BTL range, for our existing customers.”
