5 Year fixed mortgage 1.84% at HSBC - HotUKDeals
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5 Year fixed mortgage 1.84% at HSBC

£0.00 @ HSBC
1.84% if u have 60% loan to property value. Worth a look if remortgaging soon. There is a £999 booking fee. There is also an option at 1.99% with no booking fee.
nickypapos Avatar
4m, 2w agoFound 4 months, 2 weeks ago
1.84% if u have 60% loan to property value. Worth a look if remortgaging soon. There is a £999 booking fee.

There is also an option at 1.99% with no booking fee.
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nickypapos Avatar
4m, 2w agoFound 4 months, 2 weeks ago
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(2)
35 Likes
lending900
What's a mortgage?

you should really consider changing your username
12 Likes
looks a good deal depending
on your own financial situation

mse have a useful tool to compare mortgages and it factors in the cost of the fee. It may be of help.

http://www.moneysavingexpert.com/mortgages/compare-mortgage-rates

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12 Likes #1
looks a good deal depending
on your own financial situation

mse have a useful tool to compare mortgages and it factors in the cost of the fee. It may be of help.

http://www.moneysavingexpert.com/mortgages/compare-mortgage-rates
#2
trust HSBC to reduce their rates first. now waiting on nationwide to follow suit, hopefully tomorrow
1 Like #3
cikki100
trust HSBC to reduce their rates first. now waiting on nationwide to follow suit, hopefully tomorrow
Nationwide normally change their rates on a Tuesday.
1 Like #4
My 2 year deal ends next August, which was pretty good in the first place as I am an HSBC Advanced customer. A 5 year deal at this rate is tempting though. Hoping the low rates hold over the next few months. I assume I can renew 3 months before the precious deal expires?
2 Likes #5
With HSBC mortgages you can switch anytime - and if your an advanced customer nearly all the products I've seen are zero charge for erc and overpayments. I hit 60% Ltv last week
1 Like #6
Useful to know, but I will hold back for now as the 2 year deal I currently have is actually really good. I'm job hunting at the moment too, so not sure how long I'll be able to hold on to the Advance account as I believe one of the rules for having such an account is to be depositing over £1750 a month in DD's to the account?
1 Like #7
LTV is according the banks Survey i.e. What would they get in auction in other words 20-30K less than actual market value.
2 Likes #8
At the moment were on nationwides SBR @ 2.25% . I like the thought of no charges for over payments but we never seem to.

I take it 2.25 is not that great these days?
#9
Just had a look on their website and they have a 2 year fixed rate at 1.09%, 749 booking fee for Advance customers who have existing mortgages with HSBC. I will be all over that once I find a job. I believe I currently pay 1.49%.
1 Like #10
lbeedee21
With HSBC mortgages you can switch anytime - and if your an advanced customer nearly all the products I've seen are zero charge for erc and overpayments. I hit 60% Ltv last week


​i am on a fixed and can't seem to find any details on this. are you saying if I have 2 years left on a fixed they will let me switch to another product and not have to pay the erc of the fixed period? is this an unwritten thing and you have to ask?
#11
If only the valuers could be bothered to actually see the property they are valuing... it's usually done by postcode and basic house description, so you could have a palace or a crackhouse, same valuation.

And if you challenge the valuation you could easily end up being devalued even further because they don't like to be challenged.

Imagine how many billions extra the banks scam out of people due to low valuations meaning you can't get the best deal?
1 Like #12
just taken this out. wife has Advance account so the booking fee is 'only' £750.
1 Like #13
adi0604
LTV is according the banks Survey i.e. What would they get in auction in other words 20-30K less than actual market value.
Not sure this is right. We had ours valued by an estate agent and it was what we thought it was, based on local market. When we remortgaged the broker advised us to value it at that. The valuer did come in and did quite a thorough look around and they accepted that value. There is no way we were even 10% under the market value let alone 30% and we were stretching the LTV conditions for the mortgage.
1 Like #14
​the valuers are coming out on Thursday for me.... they actually made an appointment to view the house etc....
1 Like #15
What's a mortgage?
#16
Im on a lifetime tracker, we currently pay 1.99 above base rate, so we pay 1.99 I presume, 13 years left on a 15 year mortgage. Any advice guys, thats with hsbc
#17
DominicPTS
adi0604
LTV is according the banks Survey i.e. What would they get in auction in other words 20-30K less than actual market value.
Not sure this is right. We had ours valued by an estate agent and it was what we thought it was, based on local market. When we remortgaged the broker advised us to value it at that. The valuer did come in and did quite a thorough look around and they accepted that value. There is no way we were even 10% under the market value let alone 30% and we were stretching the LTV conditions for the mortgage.
Which bank? most free valuation are drive by, unless you pay for it. We had Halifax do the same, house next door same size without extension sold for 30k more than our LTV.
We were told by bank and IFA banks usually count LTV based on open market sale, worst Auction value hence it would be always low.
Your case sounds as it should be.
1 Like #18
TN567
Im on a lifetime tracker, we currently pay 1.99 above base rate, so we pay 1.99 I presume, 13 years left on a 15 year mortgage. Any advice guys, thats with hsbc


​Base is 0.25, what you say doesn't make sense
1 Like #19
TN567
Im on a lifetime tracker, we currently pay 1.99 above base rate, so we pay 1.99 I presume, 13 years left on a 15 year mortgage. Any advice guys, thats with hsbc
you will be on 2.24% if its 1.99 above so its a fair rate
it rates were increasing then I may be a goo idea to switch t a fix
but it doesn't look like they will move in the short term
HSBC mortgage rates are fair
but
their life /Critical illness cover tends to be n the dear side
especially critical illness , the conditions covered are less then available with other policies
if you have these policies send me a pm and I will compare cost/cover
#20
Signed up for their fee free 1.99%, five year fix deal yesterday. It was the best deal for us.

Edited By: Darkranger on Oct 09, 2016 10:06
#21
Just signed up a 2yr 1.74 no fee Santander thought that was good?...
4 Likes #22
lending900
What's a mortgage?
Ask Google, it's your friend.
#23
mxer450
Just signed up a 2yr 1.74 no fee Santander thought that was good?...
its a fair rate
theres a few at that Platform Barclays
Skipton is slightly lower at 1.69%
3 Likes #24
Literally just bought my first house this weekend. I suspect Im going to spend the next 2 years seeing better rates.
#25
sprite127594
At the moment were on nationwides SBR @ 2.25% . I like the thought of no charges for over payments but we never seem to.
I take it 2.25 is not that great these days?

I went with santander as I wanted zero Erc. 0.89% above base rate and 1% cashback on mortgage payments. Was definitely the best option for me (on a 2 year with 999 fee).

Edited By: delusion on Oct 09, 2016 11:10
1 Like #26
excellent! cheers!!
#27
iskillz
My 2 year deal ends next August, which was pretty good in the first place as I am an HSBC Advanced customer. A 5 year deal at this rate is tempting though. Hoping the low rates hold over the next few months. I assume I can renew 3 months before the precious deal expires?


You are joking!! The next few months. Rates will not go up until after the 2 years article 50. That's 2 years from early next year earliest imo. Get the cheapest dea u can now like a 2 year deal then after that go for 5 year one. Rates are not going up only down
#28
goodman1
TN567
Im on a lifetime tracker, we currently pay 1.99 above base rate, so we pay 1.99 I presume, 13 years left on a 15 year mortgage. Any advice guys, thats with hsbc
you will be on 2.24% if its 1.99 above so its a fair rate
it rates were increasing then I may be a goo idea to switch t a fix
but it doesn't look like they will move in the short term
HSBC mortgage rates are fair
but
their life /Critical illness cover tends to be n the dear side
especially critical illness , the conditions covered are less then available with other policies
if you have these policies send me a pm and I will compare cost/cover


goodman1
TN567
Im on a lifetime tracker, we currently pay 1.99 above base rate, so we pay 1.99 I presume, 13 years left on a 15 year mortgage. Any advice guys, thats with hsbc
you will be on 2.24% if its 1.99 above so its a fair rate
it rates were increasing then I may be a goo idea to switch t a fix
but it doesn't look like they will move in the short term
HSBC mortgage rates are fair
but
their life /Critical illness cover tends to be n the dear side
especially critical illness , the conditions covered are less then available with other policies
if you have these policies send me a pm and I will compare cost/cover


My parents are currently awaiting a decision from Halifax as to whether they will get one or not. The problem we have is that there was a default on my mum's credit file two years ago and obviously our options will be limited. They already asked for 15% deposit and decision should be made this week... What sort of APR do think they will offer ?

Also, what tips would you give to a first time buyers, like covers etc.

Edited By: padamowicz93 on Oct 09, 2016 11:19
#29
Signing your lives away before a brexit deal, that sounds like such a great idea!!!!
#30
padamowicz93
goodman1
TN567
Im on a lifetime tracker, we currently pay 1.99 above base rate, so we pay 1.99 I presume, 13 years left on a 15 year mortgage. Any advice guys, thats with hsbc
you will be on 2.24% if its 1.99 above so its a fair rate
it rates were increasing then I may be a goo idea to switch t a fix
but it doesn't look like they will move in the short term
HSBC mortgage rates are fair
but
their life /Critical illness cover tends to be n the dear side
especially critical illness , the conditions covered are less then available with other policies
if you have these policies send me a pm and I will compare cost/cover
goodman1
TN567
Im on a lifetime tracker, we currently pay 1.99 above base rate, so we pay 1.99 I presume, 13 years left on a 15 year mortgage. Any advice guys, thats with hsbc
you will be on 2.24% if its 1.99 above so its a fair rate
it rates were increasing then I may be a goo idea to switch t a fix
but it doesn't look like they will move in the short term
HSBC mortgage rates are fair
but
their life /Critical illness cover tends to be n the dear side
especially critical illness , the conditions covered are less then available with other policies
if you have these policies send me a pm and I will compare cost/cover
My parents are currently awaiting a decision from Halifax as to whether they will get one or not. The problem we have is that there was a default on my mum's credit file two years ago and obviously our options will be limited. They already asked for 15% deposit and decision should be made this week... What sort of APR do think they will offer ?
Also, what tips would you give to a first time buyers, like covers etc.
Halifax have 1.74% 2 year fix with a £999 fee
and 2.14% with no arrangement fee
as for covers if you pm me date of birth I will take a look
#31
I wish buy-to-let rates were anywhere near this...
#32
dinosteveus
lending900
What's a mortgage?
Ask Google, it's your friend.


What's "Google"?
#33
Changed from 2.75% to 1.79% with no fees from Barclays. 2 year fix, happy with that
35 Likes #34
lending900
What's a mortgage?

you should really consider changing your username
#35
adi0604
DominicPTS
adi0604
LTV is according the banks Survey i.e. What would they get in auction in other words 20-30K less than actual market value.
Not sure this is right. We had ours valued by an estate agent and it was what we thought it was, based on local market. When we remortgaged the broker advised us to value it at that. The valuer did come in and did quite a thorough look around and they accepted that value. There is no way we were even 10% under the market value let alone 30% and we were stretching the LTV conditions for the mortgage.
Which bank? most free valuation are drive by, unless you pay for it. We had Halifax do the same, house next door same size without extension sold for 30k more than our LTV.
We were told by bank and IFA banks usually count LTV based on open market sale, worst Auction value hence it would be always low.
Your case sounds as it should be.
Woolwich (part of Barclays I understand). It was a remortgage, I can't remember now as it was 3 years ago if we paid for the valuation - if we did it wasn't by choice but some remortgages you pay for the valuation I think? You certainly usually pay a fee anyway. We had bought for 172k a couple of years prior but had extended and refurbed it since then, perhaps that made the difference as from the road it wouldn't have looked much different yet we had spent about £50k on it rewire, replumb, move tiny bathroom upstairs to a bedroom and extend kitchen into old bathroom and an extension on back for replacement bedroom, bigger lounge and toilet/utility. As I say, we've a good handle on property prices round here and we suggested £230-235k top end to mortgage broker and valuation accepted that.

I know our previous remortgage (old house) was similar in that the valuation reflected the actual value pretty much. I know mortgage valuations tend to be cautious but I've not heard of a 30% markdown before!

** edit - I see you actually say £30k, but depends on house price... £30k off £200k is a lot, off £500k is more marginal.

Edited By: DominicPTS on Oct 09, 2016 13:28
1 Like #36
yeah. 90 days before your fixed rate expires you'll receive a letter to let you know. as long as you reply within 14 days of the letter you'll get that rate which is on the letter , any later than that, you'll apply for whatever the rates are if they change.
#37
Can't wait to get off my terrible 4.19% rate next November. Hope these low rates will still be available
#38
adi0604
LTV is according the banks Survey i.e. What would they get in auction in other words 20-30K less than actual market value.

Not always. I've taken out a mortgage twice with HSBC in the last 2 years (a remortgage and then a purchase) and the surveyor agreed with the market value we gave them both times.

Edited By: kristmace on Oct 09, 2016 14:34
#39
What's HSBC stance with over payments? I moved from a 5 year fixed with RBS at a shocking 5.79% (first time buyer rape deal) to a First Direct 2 year fixed at 1.99%. This deal expires in May next year, First Direct have been amazing they actually valued my property £10,000 more than I stated it was worth. But best of all they do not charge for over payments you can make as many as you want, I tend to pay off lump sums of £1,000 and I'm on course to over pay £10,000 within the 2 year fixed rate period.

The HSBC 5 year fixed at 1.99% with no booking fee looks very inviting, but being stuck in a mortgage that long I would want to be able to over pay like I'm doing with FD without being charged for it.
1 Like #40
Nut82uk
What's HSBC stance with over payments? I moved from a 5 year fixed with RBS at a shocking 5.79% (first time buyer rape deal) to a First Direct 2 year fixed at 1.99%. This deal expires in May next year, First Direct have been amazing they actually valued my property £10,000 more than I stated it was worth. But best of all they do not charge for over payments you can make as many as you want, I tend to pay off lump sums of £1,000 and I'm on course to over pay £10,000 within the 2 year fixed rate period.
The HSBC 5 year fixed at 1.99% with no booking fee looks very inviting, but being stuck in a mortgage that long I would want to be able to over pay like I'm doing with FD without being charged for it.
Haven't you clicked on the deal link? That will tell you all you need to know (i.e. 10% of the balance as overpayments per annum)

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