HSBC UK has announced further reductions across its mortgage range, with rates falling by up to 0.30%, effective today, Friday 8th May.
The latest changes apply across residential, remortgage and buy-to-let (BTL) products and are aimed at supporting first-time buyers, home movers and refinancing customers.
Among the headline changes, the lender has reduced a number of tracker mortgage products by 0.30%, including its 2-year 60% loan-to-value (LTV) tracker product with a £999 fee, now priced at 4.09%, and its 2-year 85% LTV tracker product with a £999 fee, now available at 4.44%.
Both products include £350 cashback for energy efficient homes, increasing to £500 for first-time buyers.
Within its residential purchase range, HSBC has reduced its 5-year fixed 60% LTV mortgage with a £999 fee to 4.49%, down by 0.12%, while the equivalent Premier product has been reduced to 4.46%.
The lender has also reduced rates across its remortgage range, including its 2-year 60% LTV fixed rate with a £999 fee to 4.69% and its fee-free 2-year 75% LTV remortgage product to 4.99%.
In the buy-to-let range reductions include its 2-year 60% LTV remortgage product with a £1,999 fee, now priced at 4.64%, alongside fee-free and Premier product reductions.
Tracker buy-to-let remortgage products have also seen notable cuts, with the 2-year 60% LTV tracker product reduced by 0.30% to 4.33% and the 75% LTV equivalent reduced to 4.59%.