HSBC has reduced rates for 26 fixed mortgage products following a new deal with London & Country, the fee free mortgage broker.
The new range includes better priced deals at loan-to-values (LTVs) of up to 90 per cent and highlights include a two-year mortgage fixed at 1.69 per cent for up to 70 per cent LTV and a two-year 0.99 per cent discount rate product, available for up to 60 per cent LTV.
Other headline offers include:
· 2-year fix at 1.89 per cent, 60 per cent LTV, with no fee
· 5-year fix at 2.69 per cent, 70 per cent LTV, with no fee
· 3-year fix at 3.09 per cent, 85 per cent LTV, with no fee
· 5-year fix at 3.29 per cent, 85 per cent LTV, with no fee
The partnership with London & Country will make the new deals accessible to more customers, as the mortgage broker will start offering the full residential mortgage range of HSBC, up to 90 per cent LTV, from 3 August.
Tracie Pearce, head of mortgages at HSBC, said:
“This is an exciting time for HSBC and we look forward to working closely with London & Country. We believe our products will resonate with their customer base, enabling even more customers to benefit from our range of products.“
David Hollingworth of London & Country commented:
“We’re sure that the broad range of competitive HSBC mortgage deals will carry significant appeal for our advisers and their clients. HSBC has shown its commitment to UK mortgage borrowers through the sharply priced products it has delivered time and again. That, coupled with our award winning advice, is sure to add up to a compelling proposition for our customers.”
