HSBC has made cuts of up to 25 basis points (bps) on fixed rate mortgages across a range of loan to values (LTVs).
This includes rate reductions on 14 different mortgage deals.
For first time buyers and remortgage customers, deals include a two-year fix at 90% LTV reduced to 1.94% with a £999 fee; a two-year Feesaver fix at 90% LTV cut by 10bps to 2.34% and a five-year fix at 60% LTV with £999 fee reduced by 10bps to 1.69%.
In addition, there is a 25bps cut to 2.69% on the 10-year fixed rate mortgage at 70% LTV with a £999 and free valuation.
Tracie Pearce, HSBC’s head of mortgages in the UK, said: “Following the Easter break, the home-buying season should soon be in full swing. These rate cuts across our range of LTVs will help those buying for the first time as well as those moving home or wanting to remortgage.”
