For new purchase lending, HSBC said increases will apply to UK residential first-time buyer and home mover products, again spanning two-, three- and five-year fixed-rate options at several LTV levels, alongside tracker products. The bank also flagged increases to its “High Value” mortgage fixed and tracker offerings for selected LTV tiers.
HSBC is also repricing residential “Energy Efficient Home” products for ‘A’ and ‘B’ EPC-rated properties, including first-time buyer and home mover variants, with increases covering fixed-rate and tracker lines across a range of LTVs.
For the remortgage market, the bank said it will raise pricing across its UK residential remortgage ranges, including standard remortgage and remortgage cashback products, as well as their energy-efficient equivalents for ‘A’ and ‘B’ EPC-rated properties. These changes cover two- and five-year fixed products, plus tracker products at multiple LTV bands.
International residential and international remortgage rates will also move higher. HSBC said increases will affect fixed-rate products across several terms, as well as tracker and fee saver tracker options at selected LTVs, alongside “Premier Exclusive” fixed-rate products.
For buy-to-let, HSBC will increase rates across its UK BTL purchase and UK BTL remortgage product ranges, including fee saver and standard fixed rates, trackers and selected “Premier Exclusive” fixed-rate options. The bank also listed increases for BTL products aimed at energy-efficient homes (‘A’ and ‘B’ EPC-rated properties), plus BTL existing customer switching and borrowing more. International BTL and remortgage ranges are included in the repricing.