2 Year Discount Special Fee Free* Mortgage from HSBC for First Time Buyers
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2 Year Discount Special Fee Free* Mortgage from HSBC for First Time Buyers

8
Found 20th May 2010
Key features and benefits:

* A discount mortgage is a variable rate mortgage that offers an interest rate that is a discount off the HSBC Variable Rate for an agreed period (e.g. 2 years)
* With a discount mortgage, your monthly payments will go up and down as the HSBC Variable Rate rises and falls
* An early repayment charge applies during the discount rate period

This mortgage is only available to the following types of buyer. First time buyer, Moving house and Remortgaging
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5 Comments
HSBC's variable rate is a poor rate of interest at the moment.
Cold as Ice
vinylandtrinkets;8654380

shop around muct better rates around then this,



Any recommendations? Im seriously looking, and I suck at this stuff.
looks pretty good for an 80% LTV product!
go to following link

click on 'compare mortgages'

and fill in details (to check 90% LTV for example just put in purchase price @ 100,000 and amount you want to borrow at 90,000)

then sort results by initial rate

moneymadeclear.org.uk/tables

then you need to click on 'other details' tab to see if its restricted availability

for example best 90% LTV on a fixed rate seems to be

chorley & district building society @ 5.25%

post office @ 5.45%

theres other ones cheaper but they seem to be restricted availability so you need need to click through to see what the conditions are - for example on 90% LTV they might be having someone as a guarantor

the best tracker seems to be from C&G - note stepped tracker at 0.49%
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