The HSBC bank is trying to gain an even larger share of the mortgage market by launching a new deal at just 1.99% for borrowers with a 40% deposit.
The HSBC bank is trying to gain an even larger share of the mortgage market by launching a new deal at just 1.99% for borrowers with a 40% deposit. According to the BBC, the low rate lasts for two years and is set at a 1.95% discount to the bank's standard variable rate of 3.94%. HSBC was the largest lender in the UK in the first half of this year. Its deal is a sign of the continued easing of the mortgage market which currently has 1,676 deals available, more than at any time this year. Full story...
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