The new deals include a five year fixed rate at 4.29 per cent with £99 fee and a seven year fixed rate at 4.69 per cent with £999 fee.
The loans, part of HSBC's sale which ends on 6 February, have been introduced in response to a huge increase in demand for fixed rate mortgages, from 17 per cent to 35 per cent of all new home loans across the bank. This shift is largely down to homeowners realising that interest rate rises are now on the horizon and their desire to remortgage while interest rates are still low. It's fixed and Fee-Free Tracker offers are attracting the highest level of mortgage enquiries HSBC has seen for three years.
Stuart Beattie, HSBC's head of mortgages, said: "Customers who want to lock into a fixed mortgage may need to act fast if they want to get the lowest rates. We are offering homeowners the chance to secure themselves a great deal at a time when low rate fixed mortgages are becoming fewer and farther between."
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