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 changing our mortgage products
With effect from Tuesday 22nd October, we’ll be making a number of changes across our residential and Buy to Let (BTL) mortgage product ranges.
Summary of changes:
Existing residential customer switching / borrowing more
· 2 Year Fixed Standard at 80% and 85% LTV decreasing
Residential First Time Buyer / Home mover
· 2 Year Fixed Fee Saver at 60% LTV increasing
· 2 Year Fixed Standard at 60% LTV increasing
· 2 Year Fixed Standard at 80% and 85% LTV decreasing
· 2 Year Fixed High Value Mortgages at 60% LTV increasing
· 5 Year Fixed Fee Saver at 60%, 70% and 75% LTV increasing
· 5 Year Fixed Standard at 60%, 70% and 75% LTV increasing
· 5 Year Fixed High Value Mortgages at 60%, 70% and 75% LTV increasing
· 5 Year Fixed Premier Exclusive at 60%, 70% and 75% LTV increasing
Residential First Time Buyer / Home mover Energy Efficient Home (A & B EPC Rated Properties)
· 2 Year Fixed Fee Saver at 60% LTV increasing
· 2 Year Fixed Standard at 60% LTV increasing
· 2 Year Fixed Standard at 80% and 85% LTV decreasing
· 5 Year Fixed Fee Saver at 60%, 70% and 75% LTV increasing
· 5 Year Fixed Standard at 60%, 70% and 75% LTV increasing
Residential Remortgage
· 2 Year Fixed Fee Saver at 60% LTV increasing
· 2 Year Fixed Fee Saver at 85% and 90% LTV decreasing
· 2 Year Fixed Standard at 60% LTV increasing
· 2 Year Fixed Standard at 80%, 85% and 90% LTV decreasing
· 2 Year Fixed High Value Mortgages at 60% LTV increasing
· 5 Year Fixed Fee Saver at 60%, 70% and 75% LTV increasing
· 5 Year Fixed Fee Saver at 90% LTV decreasing
· 5 Year Fixed Standard at 60%, 70% and 75% LTV increasing
· 5 Year Fixed Standard at 90% LTV decreasing
· 5 Year Fixed High Value Mortgages at 60%, 70%, and 75% LTV increasing
· 5 Year Fixed Premier Exclusive at 60%, 70%, 75% LTV increasing
· 5 Year Fixed Premier Exclusive at 90% LTV decreasing
Residential Remortgage Energy Efficient Home (A & B EPC Rated Properties)
· 2 Year Fixed Fee Saver at 60% LTV increasing
· 2 Year Fixed Fee Saver at 85% and 90% LTV decreasing
· 2 Year Fixed Standard at 60% LTV increasing
· 2 Year Fixed Standard at 80%, 85% and 90% LTV decreasing
· 5 Year Fixed Fee Saver at 60%, 70% and 75% LTV increasing
· 5 Year Fixed Fee Saver at 90% LTV decreasing
· 5 Year Fixed Standard at 60%, 70% and 75% LTV increasing
· 5 Year Fixed Standard at 90% LTV decreasing
Residential Remortgage Cashback
· 2 Year Fixed Fee Saver at 60% LTV increasing
· 2 Year Fixed Fee Saver at 85% and 90% LTV decreasing
· 2 Year Fixed Standard at 60% LTV increasing
· 2 Year Fixed Standard at 80%, 85% and 90% LTV decreasing
· 5 Year Fixed Fee Saver at 60%, 70% and 75% LTV increasing
· 5 Year Fixed Fee Saver at 90% LTV decreasing
· 5 Year Fixed Standard at 60%, 70% and 75% LTV increasing
· 5 Year Fixed Standard at 90% LTV decreasing
BTL Remortgage
· 2 Year Fixed Fee Saver at 60%, 65% and 75% LTV decreasing
· 2 Year Fixed £1999 Standard at 60%, 65% and 75% LTV decreasing
· 2 Year Fixed £3999 Standard at 60%, 65% and 75% LTV decreasing
International*
International Residential
· 2 Year Fixed Fee Saver at 60% LTV increasing
· 2 Year Fixed Standard at 60% LTV increasing
· 5 Year Fixed Fee Saver at 60%, 70% and 75% LTV increasing
· 5 Year Fixed Standard at 60%, 70% and 75% LTV increasing
· 5 Year Fixed Premier Exclusive at 60%, 70% and 75% LTV increasing
International BTL
· 2 Year Fixed Fee Saver at 60% and 65% LTV increasing
· 2 Year Fixed Standard at 60%, 65% and 75% LTV increasing
There are no further 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 increasing demand, wait times may be longer than usual.
· To secure existing product codes, please submit applications in full by midnight, Monday 21st October.
· 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 22nd October.
*Please disregard the following products if you do not have permission to advise on international business.