HSBC introduces its lowest ever 5 year fix

The new five year deal, fixed for five years at 3.95%, is available to customers at 60% LTV and has a booking fee of £599.

The new mortgage range also includes a tracker mortgage which tracks at 1.69% above the Bank of England base rate (currently 2.19%) and has a booking fee of only £99.

The 2.19% tracker rate is available until 15 August only, to customers with at least 40% equity in their homes.  As this rate is likely to be very popular, the payment of the booking fee will secure the rate.

Martijn van der Heijden, head of mortgages at HSBC commented, "These new mortgage deals offer the best of both worlds, our lowest ever five year fixed rate for those customers wanting security, as well as very competitive tracker rates for those preferring flexible payments.

“Anyone looking to take out our ultra low 2.19% tracker needs to move quickly as it is only guaranteed for two weeks."










Find out the latest bank accounts on the market by receiving our MoneyMaker newsletter.

 

Comment on this article

• Your Name
• Email Address
• Comments

Post to

• 
• 
• 
• 
• 
•