HSBC launches 'all-time low' 1.49% mortgage

clock

HSBC has launched the lowest ever fixed rate mortgage seen in the UK mortgage market with a 1.49% headline rate product.

The direct-only lender will offer the two-year fixed rate product with a fee of £1,999 for borrowers with a deposit of 60%. This product undercuts the products offered by Chelsea Building Societ...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on First time buyers

Help to Buy ISA 'a popular warm-up act for LISA'

Help to Buy ISA 'a popular warm-up act for LISA'

Latest stats from HMRC

Hannah Godfrey
clock 22 June 2017 •
Help to buy scheme to close this year, Treasury confirms

Help to buy scheme to close this year, Treasury confirms

'Specific purpose successfully achieved'

Carmen Reichman
clock 30 September 2016 •

Labour makes first-time buyer stamp duty pledge

Labour would make first-time buyers exempt from stamp duty for purchases under £300,000, Ed Miliband is due to announce.

Jenna Towler
clock 27 April 2015 •