Mortgagerateslocal.com – If you’re in the United Kingdom and in the market for a mortgage, HSBC might just be the answer to your prayers. HSBC is one of the largest banking institutions in the UK, and they offer a wide range of financial services, including mortgage loans. Today, we will take an in-depth look at the mortgage rates offered by HSBC in the UK, providing you with a thorough analysis of their rates, terms, and conditions, as well as important points to consider when choosing a mortgage.
When it comes to mortgage products, HSBC has you covered. They offer a range of options to suit different needs and preferences. Whether you’re interested in a fixed-rate mortgage, a tracker mortgage, or a variable rate mortgage, HSBC has something for everyone. The interest rates on these mortgages will vary depending on the type of mortgage and the length of the loan term, giving you the flexibility to choose the option that best fits your financial situation.
What sets HSBC apart from other banks in the UK is their competitive interest rates. They regularly review their rates to ensure that they remain in line with market conditions. This means that as a HSBC customer, you can benefit from favorable interest rates and potentially save money over the life of your mortgage. In a market that is constantly fluctuating, having a bank that keeps a close eye on interest rates can make all the difference.
Flexibility is key when it comes to mortgages, and HSBC understands that. That’s why they offer a range of repayment options for their customers. Whether you prefer interest-only payments, capital and interest repayments, or even a combination of both, HSBC has got you covered. This flexibility allows borrowers to tailor their mortgage repayments to their individual financial circumstances and goals, ensuring that they’re able to comfortably manage their mortgage payments.
In addition to offering flexible repayment options, HSBC also provides a range of mortgage terms. Borrowers can choose from terms ranging from 5 years to 25 years, allowing them to find a term that suits their financial situation and long-term plans. Not only that, but HSBC also allows for early repayment or overpayment without any additional fees. This can be incredibly beneficial for customers who are looking to pay off their mortgage faster or make additional payments when they have extra funds available.
Mortgage Rates UK HSBC
When dealing with something as important as a mortgage, it’s crucial to have a bank that provides excellent customer service and support. Thankfully, HSBC delivers on that front as well. They understand that obtaining a mortgage can be a complex process, and they’re there every step of the way to ensure a smooth and hassle-free experience. From the moment you start your application to the day you receive the keys to your new home, HSBC is there to guide you and provide the support you need.
But HSBC doesn’t just stop at mortgages. In addition to their mortgage products, they offer a wide range of additional financial services such as insurance, savings accounts, and investment options. This means that when you choose HSBC for your mortgage needs, you also gain convenient access to a host of other banking services. Having all your financial needs met under one roof can be incredibly convenient and beneficial.
As of the latest update, HSBC is offering competitive mortgage rates in the UK, catering to a range of borrower needs. It’s important to note that these rates can vary based on factors such as the type of mortgage product, loan-to-value ratio, and creditworthiness. Below is a table providing an overview of the current mortgage rates offered by HSBC:
First Time Buyer
| TYPE | TERM | RATES | THE OVERALL COST | FEE | LOAN TO VALUE (LTV) |
| First Time Buyer Fixed Fee Saver | 2years | 6.19% | 7.1APRC | £0.00 | 60% |
| 3years | 5.99% | 6.9APRC | £0.00 | 60% | |
| 5years | 5.37% | 6.5APRC | £0.00 | 60% | |
| 2years | 6.24% | 7.1APRC | £0.00 | 70% | |
| 3years | 6.04% | 6.9APRC | £0.00 | 70% | |
| 5years | 5.39% | 6.5APRC | £0.00 | 70% | |
| 2years | 6.24% | 7.1APRC | £0.00 | 75% | |
| 3years | 6.04% | 6.9APRC | £0.00 | 75% | |
| 5years | 5.39% | 6.5APRC | £0.00 | 75% | |
| 2years | 6.49% | 7.1APRC | £0.00 | 80% | |
| 3years | 6.29% | 7.0APRC | £0.00 | 80% | |
| 5years | 5.59% | 6.6APRC | £0.00 | 80% | |
| 2years | 6.54% | 7.1APRC | £0.00 | 85% | |
| 3years | 6.29% | 7.0APRC | £0.00 | 85% | |
| 5years | 5.59% | 6.6APRC | £0.00 | 85% | |
| 2years | 6.54% | 7.1APRC | £0.00 | 90% | |
| 3years | 6.29% | 7.0APRC | £0.00 | 90% | |
| 5years | 5.79% | 6.7APRC | £0.00 | 90% | |
| 5years | 5.99% | 6.8APRC | £0.00 | 95% | |
| First Time Buyer Fixed Premier Standard | 5years | 5.22% | 6.5APRC | £1499.00 | 60% |
| 5years | 5.22% | 6.5APRC | £1499.00 | 70% | |
| 5years | 5.22% | 6.5APRC | £1499.00 | 75% | |
| 5years | 5.38% | 6.6APRC | £1499.00 | 80% | |
| 5years | 5.38% | 6.6APRC | £1499.00 | 85% | |
| 5years | 5.61% | 6.7APRC | £1499.00 | 90% | |
| First Time Buyer Fixed Standard | 2years | 5.89% | 7.1APRC | £999.00 | 60% |
| 3years | 5.79% | 6.9APRC | £999.00 | 60% | |
| 5years | 5.25% | 6.5APRC | £999.00 | 60% | |
| 2years | 5.93% | 7.1APRC | £999.00 | 70% | |
| 3years | 5.84% | 7.0APRC | £999.00 | 70% | |
| 5years | 5.25% | 6.5APRC | £999.00 | 70% | |
| 5years | 5.41% | 6.6APRC | £999.00 | 80% | |
| 2years | 6.09% | 7.1APRC | £999.00 | 85% | |
| 3years | 5.99% | 7.0APRC | £999.00 | 85% | |
| 5years | 5.41% | 6.6APRC | £999.00 | 85% | |
| 2years | 6.24% | 7.1APRC | £999.00 | 90% | |
| 3years | 6.09% | 7.0APRC | £999.00 | 90% | |
| 5years | 5.64% | 6.7APRC | £999.00 | 90% | |
| 2years | 5.93% | 7.1APRC | £999.00 | 75% | |
| 3years | 5.84% | 7.0APRC | £999.00 | 75% | |
| 5years | 5.25% | 6.5APRC | £999.00 | 75% | |
| 2years | 6.04% | 7.1APRC | £999.00 | 80% | |
| 3years | 5.94% | 7.0APRC | £999.00 | 80% | |
| First Time Buyer Tracker Standard | 2years | 5.44% | 7.0APRC | £999.00 | 60% |
| 2years | 5.54% | 7.0APRC | £999.00 | 70% | |
| 2years | 5.54% | 7.0APRC | £999.00 | 75% | |
| 2years | 5.64% | 7.0APRC | £999.00 | 80% | |
| 2years | 5.79% | 7.0APRC | £999.00 | 85% | |
| 2years | 6.14% | 7.1APRC | £999.00 | 90% |
Remortgage
| TYPE | TERM | RATES | THE OVERALL COST | FEE | LOAN TO VALUE (LTV) |
| Buy-to-Let Remortgage Fixed Fee Saver | 2years | 6.44% | 7.6APRC | £0.00 | 60% |
| 5years | 5.74% | 7.0APRC | £0.00 | 60% | |
| 5years | 5.79% | 7.0APRC | £0.00 | 65% | |
| 2years | 6.53% | 7.6APRC | £0.00 | 75% | |
| 5years | 5.89% | 7.1APRC | £0.00 | 75% | |
| 2years | 5.83% | 7.8APRC | £1999.00 | 60% | |
| 5years | 5.34% | 7.1APRC | £1999.00 | 60% | |
| 2years | 6.49% | 7.6APRC | £0.00 | 65% | |
| 2years | 5.92% | 7.8APRC | £1999.00 | 65% | |
| 5years | 5.49% | 7.1APRC | £1999.00 | 65% | |
| 2years | 5.92% | 7.8APRC | £1999.00 | 75% | |
| 5years | 5.58% | 7.2APRC | £1999.00 | 75% | |
| Buy-to-Let Remortgage Tracker Fee Saver | 2years | 6.34% | 7.6APRC | £0.00 | 60% |
| 2years | 6.34% | 7.6APRC | £0.00 | 65% | |
| 2years | 6.44% | 7.6APRC | £0.00 | 75% | |
| 2years | 5.79% | 7.8APRC | £1999.00 | 60% | |
| 2years | 5.79% | 7.8APRC | £1999.00 | 65% | |
| 2years | 5.99% | 7.8APRC | £1999.00 | 75% | |
| 2years | 6.34% | 7.1APRC | £0.00 | 60% | |
| 3years | 6.24% | 7.0APRC | £0.00 | 60% | |
| 5years | 5.64% | 6.6APRC | £0.00 | 60% | |
| 10years | 5.29% | 5.9APRC | £0.00 | 60% | |
| 2years | 6.36% | 7.1APRC | £0.00 | 70% | |
| 3years | 6.24% | 7.0APRC | £0.00 | 70% | |
| 5years | 5.69% | 6.6APRC | £0.00 | 70% | |
| 10years | 5.34% | 6.0APRC | £0.00 | 70% | |
| 2years | 6.36% | 7.1APRC | £0.00 | 75% | |
| 3years | 6.24% | 7.0APRC | £0.00 | 75% | |
| 5years | 5.69% | 6.6APRC | £0.00 | 75% | |
| 10years | 5.34% | 6.0APRC | £0.00 | 75% | |
| 2years | 6.50% | 7.1APRC | £0.00 | 80% | |
| 3years | 6.29% | 7.0APRC | £0.00 | 80% | |
| 5years | 5.84% | 6.7APRC | £0.00 | 80% | |
| 5years | 5.84% | 6.7APRC | £0.00 | 80% | |
| 10years | 5.44% | 6.1APRC | £0.00 | 80% | |
| 2years | 6.50% | 7.1APRC | £0.00 | 85% | |
| 3years | 6.29% | 7.0APRC | £0.00 | 85% | |
| 5years | 5.91% | 6.7APRC | £0.00 | 85% | |
| 2years | 6.54% | 7.1APRC | £0.00 | 90% | |
| 3years | 6.29% | 7.0APRC | £0.00 | 90% | |
| 5years | 5.91% | 6.7APRC | £0.00 | 90% | |
| Remortgage Fixed Fee Saver (Cashback) | 2years | 6.34% | 7.1APRC | £0.00 | 60% |
| 5years | 5.64% | 6.6APRC | £0.00 | 60% | |
| 2years | 6.36% | 7.1APRC | £0.00 | 70% | |
| 5years | 5.69% | 6.6APRC | £0.00 | 70% | |
| 2years | 6.36% | 7.1APRC | £0.00 | 75% | |
| 5years | 5.69% | 6.6APRC | £0.00 | 75% | |
| 2years | 6.50% | 7.1APRC | £0.00 | 80% | |
| 2years | 6.50% | 7.1APRC | £0.00 | 85% | |
| 5years | 5.91% | 6.7APRC | £0.00 | 85% | |
| 2years | 6.54% | 7.1APRC | £0.00 | 90% | |
| 5years | 5.91% | 6.7APRC | £0.00 | 90% | |
| Remortgage Fixed Premier Standard | 5years | 5.41% | 6.6APRC | £1499.00 | 60% |
| 5years | 5.46% | 6.6APRC | £1499.00 | 70% | |
| 5years | 5.46% | 6.6APRC | £1499.00 | 75% | |
| 5years | 5.66% | 6.7APRC | £1499.00 | 80% | |
| 5years | 5.71% | 6.7APRC | £1499.00 | 85% | |
| 5years | 5.76% | 6.8APRC | £1499.00 | 90% | |
| 2years | 6.04% | 7.1APRC | £999.00 | 60% | |
| 3years | 5.94% | 7.0APRC | £999.00 | 60% | |
| 5years | 5.44% | 6.6APRC | £999.00 | 60% | |
| 10years | 5.14% | 5.9APRC | £999.00 | 60% | |
| 2years | 6.06% | 7.1APRC | £999.00 | 70% | |
| 3years | 5.94% | 7.0APRC | £999.00 | 70% | |
| 5years | 5.49% | 6.6APRC | £999.00 | 70% | |
| 10years | 5.19% | 5.9APRC | £999.00 | 70% | |
| 2years | 6.06% | 7.1APRC | £999.00 | 75% | |
| 3years | 5.94% | 7.0APRC | £999.00 | 75% | |
| 5years | 5.49% | 6.6APRC | £999.00 | 75% | |
| 10years | 5.19% | 5.9APRC | £999.00 | 75% | |
| 2years | 6.21% | 7.1APRC | £999.00 | 80% | |
| 3years | 6.04% | 7.0APRC | £999.00 | 80% | |
| 5years | 5.69% | 6.7APRC | £999.00 | 80% | |
| 5years | 5.69% | 6.7APRC | £999.00 | 80% | |
| 10years | 5.34% | 6.1APRC | £999.00 | 80% | |
| 2years | 6.21% | 7.1APRC | £999.00 | 85% | |
| 3years | 6.04% | 7.0APRC | £999.00 | 85% | |
| 5years | 5.74% | 6.7APRC | £999.00 | 85% | |
| 2years | 6.24% | 7.1APRC | £999.00 | 90% | |
| 3years | 6.09% | 7.0APRC | £999.00 | 90% | |
| 5years | 5.79% | 6.7APRC | £999.00 | 90% | |
| Remortgage Fixed Standard (Cashback) | 2years | 6.04% | 7.1APRC | £999.00 | 60% |
| 5years | 5.44% | 6.6APRC | £999.00 | 60% | |
| 2years | 6.06% | 7.1APRC | £999.00 | 70% | |
| 5years | 5.49% | 6.6APRC | £999.00 | 70% | |
| 2years | 6.06% | 7.1APRC | £999.00 | 75% | |
| 5years | 5.49% | 6.6APRC | £999.00 | 75% | |
| 2years | 6.21% | 7.1APRC | £999.00 | 80% | |
| 2years | 6.21% | 7.1APRC | £999.00 | 85% | |
| 5years | 5.74% | 6.7APRC | £999.00 | 85% | |
| 2years | 6.24% | 7.1APRC | £999.00 | 90% | |
| 5years | 5.79% | 6.7APRC | £999.00 | 90% | |
| Remortgage Tracker Standard | 2years | 5.39% | 7.0APRC | £999.00 | 60% |
| 2years | 5.54% | 7.0APRC | £999.00 | 70% | |
| 2years | 5.54% | 7.0APRC | £999.00 | 75% | |
| 2years | 5.74% | 7.0APRC | £999.00 | 80% | |
| 2years | 5.79% | 7.0APRC | £999.00 | 85% | |
| 2years | 6.19% | 7.1APRC | £999.00 | 90% |
Buy-to-Let
| TYPE | TERM | RATES | THE OVERALL COST | FEE | LOAN TO VALUE (LTV) |
| Buy-to-Let Purchase Fixed Fee Saver | 2years | 6.44% | 7.6APRC | £0.00 | 60% |
| 5years | 5.74% | 7.0APRC | £0.00 | 60% | |
| 2years | 6.49% | 7.6APRC | £0.00 | 65% | |
| 5years | 5.79% | 7.0APRC | £0.00 | 65% | |
| 2years | 6.03% | 7.8APRC | £1999.00 | 75% | |
| 5years | 5.84% | 7.0APRC | £0.00 | 75% | |
| 2years | 5.84% | 7.8APRC | £1999.00 | 60% | |
| 5years | 5.39% | 7.1APRC | £1999.00 | 60% | |
| 2years | 5.92% | 7.8APRC | £1999.00 | 65% | |
| 5years | 5.55% | 7.2APRC | £1999.00 | 65% | |
| 2years | 6.54% | 7.6APRC | £0.00 | 75% | |
| 5years | 5.63% | 7.2APRC | £1999.00 | 75% | |
| Buy-to-Let Purchase Tracker Fee Saver | 2years | 6.34% | 7.6APRC | £0.00 | 60% |
| 2years | 6.34% | 7.6APRC | £0.00 | 65% | |
| 2years | 6.44% | 7.6APRC | £0.00 | 75% | |
| Buy-to-Let Purchase Tracker Standard | 2years | 5.79% | 7.8APRC | £1999.00 | 60% |
| 2years | 5.79% | 7.8APRC | £1999.00 | 65% | |
| 2years | 5.94% | 7.8APRC | £1999.00 | 75% | |
| Buy-to-Let Remortgage Fixed Fee Saver | 2years | 6.44% | 7.6APRC | £0.00 | 60% |
| 5years | 5.74% | 7.0APRC | £0.00 | 60% | |
| 5years | 5.79% | 7.0APRC | £0.00 | 65% | |
| 2years | 6.53% | 7.6APRC | £0.00 | 75% | |
| 5years | 5.89% | 7.1APRC | £0.00 | 75% | |
| Buy-to-Let Remortgage Fixed Standard | 2years | 5.83% | 7.8APRC | £1999.00 | 60% |
| 5years | 5.34% | 7.1APRC | £1999.00 | 60% | |
| 2years | 6.49% | 7.6APRC | £0.00 | 65% | |
| 2years | 5.92% | 7.8APRC | £1999.00 | 65% | |
| 5years | 5.49% | 7.1APRC | £1999.00 | 65% | |
| 2years | 5.92% | 7.8APRC | £1999.00 | 75% | |
| 5years | 5.58% | 7.2APRC | £1999.00 | 75% | |
| Buy-to-Let Remortgage Tracker Fee Saver | 2years | 6.34% | 7.6APRC | £0.00 | 60% |
| 2years | 6.34% | 7.6APRC | £0.00 | 65% | |
| 2years | 6.44% | 7.6APRC | £0.00 | 75% | |
| 2years | 5.79% | 7.8APRC | £1999.00 | 60% | |
| 2years | 5.79% | 7.8APRC | £1999.00 | 65% | |
| 2years | 5.99% | 7.8APRC | £1999.00 | 75% | |
| Existing Customer (Switch to New Rate) Fixed Fee Saver Buy to Let | 2years | 6.29% | 7.6APRC | £0.00 | 60% |
| 5years | 5.69% | 7.0APRC | £0.00 | 60% | |
| 2years | 6.34% | 7.6APRC | £0.00 | 65% | |
| 5years | 5.74% | 7.0APRC | £0.00 | 65% | |
| 2years | 6.34% | 7.6APRC | £0.00 | 75% | |
| 5years | 5.74% | 7.0APRC | £0.00 | 75% | |
| Existing Customer (Switch to New Rate) Fixed Standard Buy to Let | 2years | 5.34% | 8.0APRC | £1999.00 | 60% |
| 5years | 5.24% | 7.3APRC | £1999.00 | 60% | |
| 2years | 5.39% | 8.0APRC | £1999.00 | 65% | |
| 5years | 5.29% | 7.4APRC | £1999.00 | 65% | |
| 2years | 5.39% | 8.0APRC | £1999.00 | 75% | |
| 5years | 5.34% | 7.4APRC | £1999.00 | 75% | |
| Existing Customer (Switch to New Rate) Tracker Fee Saver Buy to Let | 2years | 6.34% | 7.6APRC | £0.00 | 60% |
| 2years | 6.34% | 7.6APRC | £0.00 | 65% | |
| 2years | 6.44% | 7.6APRC | £0.00 | 75% | |
| Existing Customer (Switch to New Rate) Tracker Standard Buy to Let | 2years | 5.74% | 8.1APRC | £1999.00 | 60% |
| 2years | 5.79% | 8.1APRC | £1999.00 | 65% | |
| 2years | 5.89% | 8.1APRC | £1999.00 | 75% |
Moving Home
| TYPE | TERM | RATES | THE OVERALL COST | FEE | LOAN TO VALUE (LTV) |
| 2years | 6.19% | 7.1APRC | £0.00 | 60% | |
| 3years | 5.99% | 6.9APRC | £0.00 | 60% | |
| 5years | 5.37% | 6.5APRC | £0.00 | 60% | |
| 2years | 6.24% | 7.1APRC | £0.00 | 70% | |
| 3years | 6.04% | 6.9APRC | £0.00 | 70% | |
| 5years | 5.39% | 6.5APRC | £0.00 | 70% | |
| 2years | 6.24% | 7.1APRC | £0.00 | 75% | |
| 3years | 6.04% | 6.9APRC | £0.00 | 75% | |
| 5years | 5.39% | 6.5APRC | £0.00 | 75% | |
| 2years | 6.49% | 7.1APRC | £0.00 | 80% | |
| 3years | 6.29% | 7.0APRC | £0.00 | 80% | |
| 5years | 5.59% | 6.6APRC | £0.00 | 80% | |
| 2years | 6.54% | 7.1APRC | £0.00 | 85% | |
| 3years | 6.29% | 7.0APRC | £0.00 | 85% | |
| 5years | 5.59% | 6.6APRC | £0.00 | 85% | |
| 2years | 6.54% | 7.1APRC | £0.00 | 90% | |
| 3years | 6.29% | 7.0APRC | £0.00 | 90% | |
| 5years | 5.79% | 6.7APRC | £0.00 | 90% | |
| 5years | 5.99% | 6.8APRC | £0.00 | 95% | |
| Moving Home Fixed Premier Standard | 5years | 5.22% | 6.5APRC | £1499.00 | 60% |
| 5years | 5.22% | 6.5APRC | £1499.00 | 70% | |
| 5years | 5.22% | 6.5APRC | £1499.00 | 75% | |
| 5years | 5.38% | 6.6APRC | £1499.00 | 80% | |
| 5years | 5.38% | 6.6APRC | £1499.00 | 85% | |
| 5years | 5.61% | 6.7APRC | £1499.00 | 90% | |
| Moving Home Fixed Standard | 2years | 5.89% | 7.1APRC | £999.00 | 60% |
| 3years | 5.79% | 6.9APRC | £999.00 | 60% | |
| 5years | 5.25% | 6.5APRC | £999.00 | 60% | |
| 2years | 5.93% | 7.1APRC | £999.00 | 70% | |
| 3years | 5.84% | 7.0APRC | £999.00 | 70% | |
| 5years | 5.25% | 6.5APRC | £999.00 | 70% | |
| 2years | 5.93% | 7.1APRC | £999.00 | 75% | |
| 3years | 5.84% | 7.0APRC | £999.00 | 75% | |
| 5years | 5.25% | 6.5APRC | £999.00 | 75% | |
| 2years | 6.04% | 7.1APRC | £999.00 | 80% | |
| 3years | 5.94% | 7.0APRC | £999.00 | 80% | |
| 5years | 5.41% | 6.6APRC | £999.00 | 80% | |
| 2years | 6.09% | 7.1APRC | £999.00 | 85% | |
| 3years | 5.99% | 7.0APRC | £999.00 | 85% | |
| 5years | 5.41% | 6.6APRC | £999.00 | 85% | |
| 2years | 6.24% | 7.1APRC | £999.00 | 90% | |
| 3years | 6.09% | 7.0APRC | £999.00 | 90% | |
| 5years | 5.64% | 6.7APRC | £999.00 | 90% | |
| 2years | 5.44% | 7.0APRC | £999.00 | 60% | |
| 2years | 5.54% | 7.0APRC | £999.00 | 70% | |
| 2years | 5.54% | 7.0APRC | £999.00 | 75% | |
| 2years | 5.64% | 7.0APRC | £999.00 | 80% | |
| 2years | 5.79% | 7.0APRC | £999.00 | 85% | |
| 2years | 6.14% | 7.1APRC | £999.00 | 90% |
Existing Customer
| TYPE | TERM | RATES | THE OVERALL COST | FEE | LOAN TO VALUE (LTV) |
| 2years | 5.84% | 7.0APRC | £0.00 | 60% | |
| 3years | 5.44% | 7.0APRC | £999.00 | 60% | |
| 5years | 5.24% | 6.4APRC | £0.00 | 60% | |
| 10years | 5.14% | 5.8APRC | £0.00 | 60% | |
| 2years | 5.94% | 7.0APRC | £0.00 | 70% | |
| 3years | 5.69% | 6.8APRC | £0.00 | 70% | |
| 5years | 5.24% | 6.4APRC | £0.00 | 70% | |
| 10years | 5.19% | 5.9APRC | £0.00 | 70% | |
| 2years | 5.94% | 7.0APRC | £0.00 | 75% | |
| 3years | 5.69% | 6.8APRC | £0.00 | 75% | |
| 5years | 5.34% | 6.5APRC | £0.00 | 75% | |
| 10years | 5.19% | 5.9APRC | £0.00 | 75% | |
| 2years | 5.94% | 7.0APRC | £0.00 | 80% | |
| 3years | 5.79% | 6.9APRC | £0.00 | 80% | |
| 5years | 5.44% | 6.5APRC | £0.00 | 80% | |
| 10years | 5.29% | 5.9APRC | £0.00 | 80% | |
| 2years | 5.99% | 7.0APRC | £0.00 | 85% | |
| 3years | 5.84% | 6.9APRC | £0.00 | 85% | |
| 5years | 5.49% | 6.5APRC | £0.00 | 85% | |
| 2years | 5.99% | 7.0APRC | £0.00 | 90% | |
| 3years | 5.89% | 6.9APRC | £0.00 | 90% | |
| 5years | 5.54% | 6.6APRC | £0.00 | 90% | |
| 2years | 5.99% | 7.0APRC | £0.00 | 95% | |
| 3years | 5.99% | 6.9APRC | £0.00 | 95% | |
| 5years | 5.69% | 6.6APRC | £0.00 | 95% | |
| 2years | 6.29% | 7.6APRC | £0.00 | 60% | |
| 5years | 5.69% | 7.0APRC | £0.00 | 60% | |
| 2years | 6.34% | 7.6APRC | £0.00 | 65% | |
| 5years | 5.74% | 7.0APRC | £0.00 | 65% | |
| 2years | 6.34% | 7.6APRC | £0.00 | 75% | |
| 5years | 5.74% | 7.0APRC | £0.00 | 75% | |
| Existing Customer (Switch to New Rate) Fixed Premier Standard | 5years | 5.16% | 6.8APRC | £1499.00 | 60% |
| 5years | 5.16% | 6.8APRC | £1499.00 | 70% | |
| 5years | 5.16% | 6.8APRC | £1499.00 | 75% | |
| 5years | 5.26% | 6.8APRC | £1499.00 | 80% | |
| 5years | 5.31% | 6.9APRC | £1499.00 | 85% | |
| 5years | 5.41% | 6.9APRC | £1499.00 | 90% | |
| Existing Customer (Switch to New Rate) Fixed Standard | 2years | 5.53% | 7.2APRC | £999.00 | 60% |
| 3years | 5.64% | 6.8APRC | £0.00 | 60% | |
| 5years | 5.19% | 6.7APRC | £999.00 | 60% | |
| 10years | 4.99% | 6.0APRC | £999.00 | 60% | |
| 2years | 5.64% | 7.2APRC | £999.00 | 70% | |
| 3years | 5.44% | 7.0APRC | £999.00 | 70% | |
| 5years | 5.19% | 6.7APRC | £999.00 | 70% | |
| 10years | 5.04% | 6.0APRC | £999.00 | 70% | |
| 2years | 5.64% | 7.2APRC | £999.00 | 75% | |
| 3years | 5.44% | 7.0APRC | £999.00 | 75% | |
| 5years | 5.19% | 6.7APRC | £999.00 | 75% | |
| 10years | 5.14% | 6.1APRC | £999.00 | 75% | |
| 2years | 5.74% | 7.3APRC | £999.00 | 80% | |
| 3years | 5.49% | 7.1APRC | £999.00 | 80% | |
| 5years | 5.29% | 6.7APRC | £999.00 | 80% | |
| 10years | 5.14% | 6.1APRC | £999.00 | 80% | |
| 2years | 5.84% | 7.3APRC | £999.00 | 85% | |
| 3years | 5.49% | 7.1APRC | £999.00 | 85% | |
| 5years | 5.34% | 6.7APRC | £999.00 | 85% | |
| 2years | 5.89% | 7.3APRC | £999.00 | 90% | |
| 3years | 5.74% | 7.1APRC | £999.00 | 90% | |
| 5years | 5.44% | 6.8APRC | £999.00 | 90% | |
| Existing Customer (Switch to New Rate) Fixed Standard Buy to Let | 2years | 5.34% | 8.0APRC | £1999.00 | 60% |
| 5years | 5.24% | 7.3APRC | £1999.00 | 60% | |
| 2years | 5.39% | 8.0APRC | £1999.00 | 65% | |
| 5years | 5.29% | 7.4APRC | £1999.00 | 65% | |
| 2years | 5.39% | 8.0APRC | £1999.00 | 75% | |
| 5years | 5.34% | 7.4APRC | £1999.00 | 75% | |
| Existing Customer (Switch to New Rate) Tracker Fee Saver | 2years | 6.14% | 7.0APRC | £0.00 | 60% |
| 2years | 6.24% | 7.1APRC | £0.00 | 70% | |
| 2years | 6.24% | 7.1APRC | £0.00 | 75% | |
| 2years | 6.44% | 7.1APRC | £0.00 | 80% | |
| 2years | 6.49% | 7.1APRC | £0.00 | 85% | |
| 2years | 6.49% | 7.1APRC | £0.00 | 90% | |
| 2years | 6.49% | 7.1APRC | £0.00 | ||
| Existing Customer (Switch to New Rate) Tracker Fee Saver Buy to Let | 2years | 6.34% | 7.6APRC | £0.00 | 60% |
| 2years | 6.34% | 7.6APRC | £0.00 | 65% | |
| 2years | 6.44% | 7.6APRC | £0.00 | 75% | |
| Existing Customer (Switch to New Rate) Tracker Standard | 2years | 5.39% | 7.2APRC | £999.00 | 60% |
| Existing Customer (Switch to New Rate) Tracker Standard | 2years | 5.49% | 7.2APRC | £999.00 | 70% |
| 2years | 5.49% | 7.2APRC | £999.00 | 75% | |
| 2years | 5.64% | 7.2APRC | £999.00 | 80% | |
| 2years | 5.69% | 7.2APRC | £999.00 | 85% | |
| 2years | 5.69% | 7.2APRC | £999.00 | 90% | |
| Existing Customer (Switch to New Rate) Tracker Standard Buy to Let | 2years | 5.74% | 8.1APRC | £1999.00 | 60% |
| 2years | 5.79% | 8.1APRC | £1999.00 | 65% | |
| 2years | 5.89% | 8.1APRC | £1999.00 | 75% |
These rates reflect the current competitive nature of the mortgage market, and HSBC’s commitment to providing attractive options for potential homebuyers or individuals seeking to remortgage. It’s worth noting that these rates are subject to change and may vary based on individual circumstances.
It’s important for individuals considering a mortgage from HSBC or any other lender to thoroughly evaluate and compare the rates, terms, and conditions before making a decision. Seeking professional advice from mortgage brokers or financial advisors is highly recommended to ensure that borrowers make informed choices based on their unique financial circumstances and goals.
Factors Affecting Mortgage Rates in the UK
When it comes to mortgage rates in the UK, several factors come into play. These factors include the economic conditions and monetary policy, the borrower’s creditworthiness, and the features and terms of the mortgage loan. All of these aspects can influence the mortgage rates offered by lenders like HSBC.
Economic Conditions and Monetary Policy
The UK’s economic conditions play a crucial role in determining mortgage rates. Variables such as inflation, GDP growth, and interest rate changes directly impact the rates offered by lenders like HSBC. In times of economic growth and stability, lenders tend to provide competitive rates to attract potential homebuyers. On the other hand, during periods of economic uncertainty or downturn, mortgage rates might increase as lenders aim to mitigate risks.
The monetary policy set by the Bank of England also affects mortgage rates. The central bank has the authority to adjust interest rates to regulate the economy. When the Bank of England lowers the base rate, it usually leads to cheaper borrowing costs. Consequently, mortgage rates offered by lenders like HSBC are likely to decrease. Conversely, if the bank decides to raise interest rates, it becomes more expensive to borrow, resulting in higher mortgage rates.
Borrower’s Creditworthiness
Another important factor influencing mortgage rates is the creditworthiness of individual borrowers. Lenders such as HSBC assess a borrower’s credit score, income stability, and existing debt to determine the risk associated with lending them money. Borrowers with higher credit scores and stable incomes are perceived as less risky, making them eligible for lower mortgage rates. On the other hand, borrowers with poor credit scores or a high amount of existing debt may be offered higher rates due to the increased risk they pose to lenders.
Loan Features and Terms
The features and terms of the mortgage loan also contribute to the mortgage rates provided by lenders like HSBC. One significant factor is the loan-to-value ratio (LTV), which is the proportion of the property’s value that is being borrowed. Generally, a higher LTV ratio implies a greater risk for the lender, resulting in higher mortgage rates. Borrowers with a lower LTV ratio, indicating a larger down payment, are usually offered more favorable rates.
The repayment period and the type of mortgage are other elements that can affect mortgage rates. A longer repayment period may lead to higher rates due to the extended period of risk for the lender. Additionally, mortgage rates can vary between fixed-rate and variable-rate mortgages. Fixed-rate mortgages offer stability as the interest rate remains constant throughout the loan term, while variable-rate mortgages can fluctuate with changes in the base rate. Generally, fixed-rate mortgages tend to have slightly higher rates initially compared to variable-rate mortgages.
FAQ
Mortgage rates for HSBC in the UK are determined by various factors such as the Bank of England’s base rate, the lender’s own cost of borrowing, and market competition. HSBC takes into account these factors along with the borrower’s creditworthiness, loan-to-value ratio, and the type of mortgage product chosen to determine the interest rate offered.
HSBC UK offers both fixed-rate and variable-rate mortgage options. Fixed-rate mortgages have a set interest rate for a predetermined period, typically 2, 3, or 5 years, which provides stability in monthly payments. Variable-rate mortgages, on the other hand, have interest rates that can fluctuate over time based on changes in the lender’s standard variable rate or other external factors.
While HSBC UK sets its mortgage rates based on predetermined criteria, there may be some room for negotiation depending on your individual circumstances and the specific mortgage product. It is worth having a discussion with a mortgage advisor at HSBC to explore your options and see if any flexibility exists.
Yes, mortgage rates have a direct impact on the overall cost of the loan. A higher interest rate will result in higher monthly payments and a larger total amount paid over the life of the mortgage. Therefore, it is important to compare mortgage rates from different lenders to ensure you are securing the most favorable terms and minimizing your long-term costs.
Conclusion
I hope you found the information helpful and gained a better understanding of how these rates can impact your dreams of homeownership. Remember, nothing beats doing your own research and seeking professional advice tailored to your unique circumstances. If you ever find yourself in need of more mortgage rate information, I encourage you to visit us again soon.
