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 mortgage products
With effect from Wednesday 21st August, we’ll be making the following reductions across our residential and Buy to Let (BTL) mortgage product ranges:
Existing residential customer switching
· 2 Year Fixed Fee Saver at 60%, 70%, 75%, 80%, 85% and 95% LTV decreasing
· 2, 3 & 5 Year Fixed Standard 60%, 70%, 75%, 80%, 85% and 90% LTV decreasing
· 3 & 5 Year Fixed Fee Saver at 60%, 70%, 75%, 80%, 85%, 90% and 95% LTV decreasing
· 5 Year Fixed Premier Exclusive at 60%, 70%, 75%, 80%, 85% and 90% LTV decreasing
Existing residential customer borrowing more
· 2 Year Fixed Fee Saver at 60%, 70%, 75%, 80% and 85% LTV decreasing
· 2, 3 & 5 Year Fixed Standard 60%, 70%, 75%, 80%, 85% and 90% LTV decreasing
· 3 & 5 Year Fixed Fee Saver at 60%, 70%, 75%, 80%, 85% and 90% LTV decreasing
· 5 Year Fixed Premier Exclusive at 60%, 70%, 75%, 80%, 85% and 90% LTV decreasing
Residential First Time Buyer / Home mover
· 2 Year Fixed Fee Saver at 60%, 70%, 75%, 80%, 85% and 95% LTV decreasing
· 2, 3 & 5 Year Fixed Standard at 60%, 70%, 75%, 80%, 85% and 90% LTV decreasing
· 3 & 5 Year Fixed Fee Saver at 60%, 70%, 75%, 80%, 85%, 90% and 95% LTV decreasing
· 5 Year Fixed Premier Exclusive at 60%, 70%, 75%, 80%, 85% and 90% LTV decreasing
Residential Remortgage
· 2, 3 & 5 Year Fixed Fee Saver at 60%, 70%, 75%, 80%, 85% and 90% LTV decreasing
· 2, 3 & 5 Year Fixed Standard at 60%, 70%, 75%, 80%, 85% and 90% LTV decreasing
· 5 Year Fixed Premier Exclusive at 60%, 70%, 75%, 80%, 85% and 90% LTV decreasing
Residential Remortgage Cashback
· 2 & 5 Year Fixed Fee Saver at 60%, 70%, 75%, 80%, 85% and 90% LTV decreasing
· 2 & 5 Year Fixed Standard at 60%, 70%, 75%, 80%, 85% and 90% LTV decreasing
BTL existing customer switching / Borrowing more
· 2 & 5 Year Fixed Fee Saver at 60%, 65% and 75% LTV decreasing
· 2 & 5 Year Fixed Standard at 60%, 65% and 75% LTV decreasing
BTL Purchase / Remortgage
· 2 & 5 Year Fixed Fee Saver at 60%, 65% and 75% LTV decreasing
· 2 & 5 year Fixed £1999 Standard at 60%, 65% and 75% LTV decreasing
· 2 & 5 year Fixed £3999 Standard at 60%, 65% and 75% LTV decreasing
International*
International Residential
· 2, 3 & 5 Year Fixed Fee Saver at 60%, 70% and 75% LTV decreasing
· 2, 3 & 5 Year Fixed Standard at 60%, 70% and 75% LTV decreasing
· 5 Year Fixed Premier Exclusive at 60%, 70% and 75% LTV decreasing
International BTL
· 2 & 5 Year Fixed Fee Saver at 60%, 65% and 75% LTV decreasing
· 2 & 5 Year Fixed Standard at 60%, 65% and 75% LTV decreasing
There are no changes to any other interest rates at this time.
Please note, all of our fixed rate end dates will be extended as below:
· 2 Year Fixed – 31 December 2026
· 3 Year Fixed – 31 December 2027
· 5 Year Fixed – 31 December 2029
· 10 Year Fixed – 31 December 2034
Further information
· Use our ‘Chat with us’ service to request a rate change on an existing mortgage application. Please note, due to increasing demand, wait times may be longer than usual.
· To secure existing product codes, please submit applications in full by midnight, Tuesday 20th August.
· 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 Wednesday 21st August.
*Please disregard the following products if you do not have permission to advise on international business.