HSBC attempts to boost mortgage market share

The bank says it will help borrowers whose fixed rates are coming to an end by matching their existing deal for a fee. Despite being one of the biggest banks in the world, HSBC has a relatively small share of the UK mortgage market and may be hoping to take advantage of the current situation to get the upper hand on its competitors. Those wishing to apply for the offer will need at least 20% of the equity in their home and the fees are variable dependent on circumstances. In recent weeks, large number of mortgage providers have withdrawn products or raised prices as the market becomes...