See the latest announcement from HSBC below. Note that you can access HSBC via the Brilliant Solutions mortgage club but the lender does place some restrictions on access. Contact us for details.
HSBC Mortgage Product Guides are available here but check the date to ensure it has been updated to reflect the announcements below.
We’re reducing our residential mortgage products
With effect from Tuesday 16th January, we’ll be making a number of changes to our residential mortgage product ranges.
Summary of changes:
We have increased our cashback incentive offering for First Time Buyer customers at 95% LTV from £250, £350 and £500 across our two year fixed, three year fixed and five year fixed rates to £750, £750 and £1,000.
Existing residential customer switching
- 2 & 3 Year Fixed Fee Saver at 60%, 90% and 95% LTV decreased
- 2, 3 & 5 Year Fixed Standard at 60%, 80%, 85% and 90% LTV decreased
- 5 Year Fixed Fee Saver at 60%, 80%, 85%, 90% and 95% LTV decreased
- 5 Year Fixed Premier Exclusive at 60%, 80%, 85% and 90% LTV decreased
Existing residential customer borrowing more
- 2 & 3 Year Fixed Fee Saver at 60% and 90% LTV decreased
- 2 & 3 Year Fixed Standard at 60%, 80%, 85% and 90% LTV decreased
- 5 Year Fixed Fee Saver at 60%, 80%, 85% and 90% LTV decreased
- 5 Year Fixed Standard at 60%, 80%, 85% and 90% LTV decreased
- 5 Year Fixed Premier Exclusive at 60%, 80%, 85% and 90% LTV decreased
Residential First Time Buyer
- 2 & 3 Year Fixed Fee Saver at 90% and 95% LTV decreased
- 2 & 3 Year Fixed Standard at 80%, 85% and 90% LTV decreased
- 5 Year Fixed Fee Saver at 60%, 70%, 75%, 80%, 85%, 90% and 95% LTV decreased
- 5 Year Fixed Standard at 60%, 70%, 75%, 80%, 85% and 90% LTV decreased
- 5 Year Fixed Premier Exclusive at 60%, 70%, 75%, 80%, 85% and 90% LTV decreased
Residential home mover
- 2 & 3 Year Fixed Fee Saver at 90% and 95% LTV decreased
- 2 & 3 Year Fixed Standard at 80%, 85% and 90% LTV decreased
- 5 Year Fixed Fee Saver at 60%, 70%, 75%, 80%, 85%, 90% and 95% LTV decreased
- 5 Year Fixed Standard at 60%, 70%, 75%, 80%, 85% and 90% LTV decreased
- 5 Year Fixed Premier Exclusive at 60%, 70%, 75%, 80%, 85% and 90% LTV decreased
International Residential
- 5 Year Fixed Fee Saver at 60%, 70% and 75% LTV decreased
- 5 Year Fixed Standard at 60%, 70% and 75% LTV decreased
- 5 Year Fixed Premier Exclusive at 60%, 70% and 75% LTV decreased
There are no changes to any other interest rates at this time.
Further information
- Use our ‘Chat with us’ service to request a rate change on an existing mortgage application. Please note, due to increased demand, wait times may be longer than usual.
- All evidential and supporting documentation must be provided within 30 calendar days of submission.
- The product finder tool and sourcing systems will be updated for Tuesday 16th January.