HSBC mortgages provides greater choice
www.moneynews.co.uk > Mortgages > HSBC mortgages provides greater choice
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HSBC mortgages provides greater choice
Wed 6th Jun 2007
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For those people who want security that they will be repaying a set amount each month, HSBC provides both standard, plus and premier fixed-rate deals.
Available in two, three and five-year formats, the mortgages have rates of 6.09, 5.89 and 5.79 per cent respectively, with higher rates being applicable to the same products without a fee.
Consumers can also pick up tracker versions of the HSBC mortgages, with the standard, plus and premier mortgages having rates of 6.24, 6.04 per cent and 5.94 per cent respectively.
All of the above rates are correct on a £125,000 loan at a loan-to-value rate of 90 per cent or below.
The HSBC mortgage range has no higher lending charges or exit fees and no early repayment charges are applicable either.
Rob Chesters, head of mortgages at HSBC, said: "We are committed to making the cost of our mortgages as clear and simple as possible. However, the rest of the industry isn't so determined.
"Exit fees in particular, are difficult for borrowers to compare, so to make it easier, HSBC charges nothing," he added.
Related News : Mortgages |
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Related News : HSBC |
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