HSBC lifts buy-to-let SVR, cuts resi fixes   

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HSBC lifts buy-to-let SVR, cuts resi fixes   

By: ameer@trustedteam.com

HSBC has lifted its buy-to-let standard variable rate by 25 basis points to 7.10%.   

The bank has not changed to its residential standard variable rate, and has made a range of cuts to its residential fixed-rate loans. These include:  

UK residential existing customer switching range  

  • Two-year fixed Fee Saver at 60%, 70% and 75% loan to value have reduced  
  • Three-year fixed Fee Saver at 60%, 70% and 75% LTV have reduced  
  • Five-year Premier Exclusive at 60%, 70%, 75%, 80%, 85% and 90% LTV have reduced  

UK residential existing customer borrowing more range  

  • Two-year fixed Fee Saver at 60%, 70% and 75% LTV have reduced  
  • Three-year fixed Standard at 60%, 70% and 75% LTV have reduced  
  • Five-year fixed Standard at 60%, 70%, 75%, 80%, 85% and 90% LTV have reduced  

UK residential first-time buyer range  

  • Two-year fixed Standard at 60%, 70%, 75%, 80% and 85% LTV have reduced  
  • Three-year fixed Standard at 60%, 70%, 75%, 80%, 85% and 90% LTV have reduced  
  • Five-year Premier Exclusive at 60%, 70%, 75%, 80%, 85% and 90% LTV have reduced  

UK residential home mover range  

  • Two-year fixed Standard at 60%, 70%, 75%, 80% and 85% LTV have reduced  
  • Three-year fixed Fee Saver at 60%, 70%, 75%, 80%, 85% and 90% LTV have reduced  
  • Five-year fixed Standard at 60%, 70%, 75%, 80%, 85% and 90% LTV have reduced  

UK residential remortgage range  

  • Two-year fixed Fee Saver at 60%, 70%, 75%, 80%, 85% and 90% LTV have reduced  
  • Three-year fixed Standard at 60%, 70%, 75%, 80%, 85% and 90% LTV have reduced  
  • Five-year fixed Standard at 60%, 70%, 75%, 80%, 85% and 90% LTV have reduced  

 International residential range  

  • Two-year fixed Fee Saver at 60%, 70% and 75% % LTV have reduced    
  • Three-year fixed Fee Saver at 60%, 70% and 75% LTV have reduced  
  • Five-year Premier Exclusive at 60%, 70% and 75% LTV have reduced  

Related post

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in "Mortgage News Daily"

For information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. www.nmlsconsumeraccess.org

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