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Mortgage Introducer - HSBC becomes first high street lender to slash mortgage rates

Mortgage Introducer - HSBC becomes first high street lender to slash mortgage rates

HSBC has announced rate cuts on its residential fixed rate products, becoming the first high street lender to do so, as swap rates continue to head on a downward trajectory. From tomorrow, July 26, certain two-, three-, and five-year fixed fee saver, fixed standard, premier exclusive, and tracker standard products at up to 90% loan-to-values (LTV) on the lender’s residential first-time buyer and home mover products, residential remortgage, and international residential purchase ranges will have their rates decreased. Meanwhile, Accord Mortgages has also announced reductions of as much as 0.45% on its residential fixed rates, also taking effect from tomorrow. Financial Advisers React:

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Link to Original Article: Mortgage Introducer - HSBC becomes first high street lender to slash mortgage rates