HSBC launches tracker remortgage

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HSBC has cut a number of its fixed rate mortgage deals while also launching a new remortgage tracker product.

The new Remortgage Tracker can lend up to 90% LTV and tracks the Bank of England base rate at +0.23% for the lifetime of the loan, giving a current rate of 5.98%. It features a £599 booking fee, no early repayment charges or exit fees and allows unlimited overpayments. In addition, HSBC has cut its two-year, three-year and five-year fixed rates to 6.29% each and is offering a two-year discount deal at a rate of 5.74%. HSBC says it wants to offer choice to consumers while also making the range of products simpler. If you would like to comment on this story, contact: John Bakie Tel: 02...

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