Just been reading that on Monday HSBC will launch the lowest ever rate for a Five year fixed mortgage deal of 1.99% (with a £1499 fee) min deposit of 40% but amazing deal if you have it.
I imagine this will run out pretty quickly!
I imagine this will run out pretty quickly!
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Current cheapest no fee deal for 5 years is 2.49% (Nationwide) so a min £1k saving on this one (£100k)
p.s. great deal OP
Deal just for chosen ones...
Half the people on this site wouldn't know an actual deal if it hit them in the face
scriptonitedaily.com/201…em/
Don't forget about the toxic sub prime debt they packaged up in a nice box with a red bow and sold on just before the financial crash either.
Also when reading the above please bear in mind what ukip say, it's definitely the immigrants causing the financial problems in this country.
No bank is your friend, unless you happen to own it.
I don't think this deal or very many others on this site are about making friends
People need mortgages, and for some who want a fixed rate, this is the one of the best deals about at the moment.
HSBC must be pretty confident rate's aren't going anywhere anytime soon to offer this.
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Which is why hsbc didn't need bailing out by the government. They only lend to people who they see as profitable and a good risk.
I was with hsbc and asked them about how much more they would allow me to borrow when I was looking a a new house. They said they wouldn't lend me what I currently have if I was applying fresh !!!
Went to my local building society and got 4.5x salary, but not as good a rate
They are no morally worse than any other financial institution. Beware of organisations that claim to be morally superior. Such as Northern rock and the Co Op. Northern Rock ranks as probably the most reckless financial institution in British banking history.
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Seeing as you haven't actually ever posted a deal on this site I have to say you're not really in a position to be judging what is and what is not a deal... Really
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I second it.
Whether this is any good or not will depend on how big the mortgage is.
But dont worry the rest of the country will be made to pay up to solve it again and agian and again.
Whilst I agree some immigrants are the issue, I also feel now the ukip is imploding due to consistent idiocies of its leader and various other cronies, the defenders have to defend it even more so let him mention ukip, probably does every chance he gets. After all, we are all a bunch of bbc left wingers right? (Although they would have written it as "You should of know all of you is left wing bbc scum". Lol
Just fixed mine onto a Lifetime Tracker.
Currently 2.49%
No fees for me (Santander, my current mortgage provider and bank).
This sounds good but your current Mortgage Provider are more lenient with giving you another mortgage (unless you buy a new home)
One of the few banks which hasn't had to be rescued.
Have been a customer for 15 years and have 3 mortgages with them, been faultless and always highly competative.
Maybe because it was found guilty and fined for laundering billions of pounds of Mexican drug cartels money. The cartels that kill dozens of people at a time and dump their bodies in wells or pits or just leave them in the streets. ? Nice bank eh ?
I think androo was being sarcastic, and as he implied the economic problems we have were caused by the property bubble crash of 2007 and the banks were complicit in letting it happen / created the conditions for it.
its the way of the world.
HSBC for all its wrong doing didn't directly take a penny of tax payers money in the financial crash to keep operating. they make good investment decisions and weed out those that are a debt risk to the business by having high criteria to obtain each product.
this does not mean having a high salary but it does mean having a good amount of free income each month after essential living costs are met and any other financial obligations. if your close to your monthly income being used on everyday living through lifestyle or other obligations don't bother applying until you have a better financial situation.
also if your on a zero hour contract or think all that overtime money will help, it won't. on zero hours your guaranteed no wage each month and that's how the bank would see it so how would you afford the monthly payment to your mortgage.
if your racking up overtime that's also great but it could be stopped or cut at anytime its not guaranteed. always look at what your actually guaranteed monthly salary is, deduct living costs and be realistic , less any bills or obligations and see what's left
That is their purpose and the so called market
They also allow all the other profiteers to function...developers ,cash loans etc
UKIP on the other hand ....conservatives well ..they have a rap sheet ,but not on employment where they have done something I never believed possible and not sure how they did it
Terrible song, doesn't even rhyme.
It's pretty straight forward, if you've got equity, cashflow and time to build some credit history with HSBC, you'll get some of the best deals on the market.
When 5-year fixed rate ISAs pay more than it costs you to borrow and you can make a profit, then "sort-of" debt can be hot
This deal is HSBC's desperate attempt to buy back customers, to make up for those who recently left them in disgust.
No this is competition. Large banks can offer good deals to those with a good credit rating which equates to a lower risk of writing off bad debt linked to a low margin product. simples
take it you have never received interest or needed to borrow money?
The establishment ruined the guy's life in the video because he did the right thing & blew the whistle on massive corruption. The government protected the HSBC and they have not so far been punished for their massive fraud crimes. David Cameron made Green, a Lord, so they have been rewarded. The HSBC have members on boards in places like the BBC and that's why you hear almost nothing about the scandals - 80% of mainstream media is owned by right-wing billionares, and that's another reason why the general public know nothing about this.
Parliament & the establishment is corrupt to the very core. Time to wake up and rise up.