Unfortunately, this deal is no longer available
HSBC 5 Year Fixed Rate Mortgage - No fees - 1.94% - 60% Maximum Loan to Value (LTV)
1680° Expired

HSBC 5 Year Fixed Rate Mortgage - No fees - 1.94% - 60% Maximum Loan to Value (LTV)

152
Refreshed 22nd May 2019 (Posted 21st May 2019)

This deal is expired. Here are some options that might interest you:

HSBC reduced some mortgage rates over last few days. This one stood out at 1.94% no fees, fixed for 5 years (was previously 1.99%). They also have 1.74 % no fees, fixed for 2 years. Both 60% LTV

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6 months to go and no more mortgage for me!!
Personally just taken out a 2.09 fix for 5 years with no fees and £500 cashback on drawdown.. works out @ 1.74% when you factor in £100 saving PA

Go via London & country

Free impartial advice
I couldn’t find a better deal
RT198222/05/2019 08:28

Two things :1 - only apply if you have a great credit score. HSBC only …Two things :1 - only apply if you have a great credit score. HSBC only take the lowest risk customers2 - can we keep UKHD free of annoying phrases like ‘heads up’ - keep them for your corporate life pleaseThanksA trusted banker


Nice oxymoron.
Two things :

1 - only apply if you have a great credit score. HSBC only take the lowest risk customers
2 - can we keep UKHD free of annoying phrases like ‘heads up’ - keep them for your corporate life please

Thanks
A trusted banker
152 Comments
Remortgage cashback. Co.uk. used them and they furnished me with a few quid for my time. Easier process too than going through 2hr appointment on phone to banks.
Goddammit Janet. Fixed @ 2.25% in October with HSBC for 5 years
Edited by: "jsw72" 21st May 2019
Best keep a look out to see if First Direct (owned by HSBC) change their rates over the next few days. I've locked in for the moment the current 1.99% 5yr 60% LTV but wouldn't say no to shaving off a little more.
Thanks for the heads up, I have an offer going through to remortgage at 1.99 so will give them a call tomorrow and see if they can switch to the lower rate!
6 months to go and no more mortgage for me!!
How do you apply for the new rate if you have an existing offer on the original 1.99 rate? Would you need to cancel the original application?
Good luck with their customer service. A friend of mine had an awful time with them and left her without funds.
bobcoyle7721/05/2019 21:14

Remortgage cashback. Co.uk. used them and they furnished me with a few …Remortgage cashback. Co.uk. used them and they furnished me with a few quid for my time. Easier process too than going through 2hr appointment on phone to banks.


This kind of website may give you cashback, but they may not give you the rate you want, I asked for the first direct 1.99% 5 year fixed 60% LVT remortgage, they said they don't do it and gave me a higher rate from Barclays plus solicitor fee, which First direct cover all the fees. They are not really casback, as the fees and rate might be more than what you get from the cashback.
Edited by: "bebetositu" 21st May 2019
bebetositu21/05/2019 22:16

This kind of website may give you cashback, but they may not give you the …This kind of website may give you cashback, but they may not give you the rate you want, I asked for the first direct 1.99% 5 year fixed 60% LVT remortgage, they said they don't do it and gave me a higher rate from Barclays plus solicitor fee, which First direct cover all the fees. They are not really casback, as the fees and rate might be more than what you get from the cashback.


First direct dont deal with brokers. Apart from that, deals through brokers have same costs as going direct to the bank. If there is free legals or valuation you get those incentives irrespective of where you apply. I think your talking nonsense.
jsw7221/05/2019 21:19

Goddammit Janet. Fixed @ 2.25% in October with HSBC for 5 years

I suspect your mortgage rate was based on a higher LTV than this 60% LTV deal though because my son also fixed a fee-free 5 year mortgage with HSBC last October at a lower rate than your rate and that was for an LTV of 70% so perhaps your LTV was 75% or even 80%.
Edited by: "Robbo11" 21st May 2019
jsw7221/05/2019 21:19

Goddammit Janet. Fixed @ 2.25% in October with HSBC for 5 years


Same here
labrajaws21/05/2019 22:13

How do you apply for the new rate if you have an existing offer on the …How do you apply for the new rate if you have an existing offer on the original 1.99 rate? Would you need to cancel the original application?


I would like to know too, just applied the first direct 1.99% last week, and uploaded all the documents online as per their request, but I still have not returned the signed form to them, I hope they have not done the credit check, I will give them a call to cancel the application if the credit check has not been done.
bobcoyle7721/05/2019 22:30

First direct dont deal with brokers. Apart from that, deals through …First direct dont deal with brokers. Apart from that, deals through brokers have same costs as going direct to the bank. If there is free legals or valuation you get those incentives irrespective of where you apply. I think your talking nonsense.


Yes, I agree with you, deals with the brokers have the same cost as going direct to the bank, what I trying to say was you might find a better rate from a different lender than the one the broker offer you, for example, the First direct mortgage. Even plus the cashback, the First direct mortgage still beats the one the broker offered, in my case.

If the broker cashback website offer this 1.94% HSBC one, yes, I will go with the broker to get the cashback rather than go to the bank direct.
I wonder when Halifax is going to follow :/ :/ :/
Burn Babylon
Just fixed this at 2.09% last week :\
If your offer is outstanding I’ve taken the lower rate when published, just ring your designated mortgage advisor at hsbc and they’ll sort it out. Simple.

Hsbc and first direct have been on the money for my needs for the past 10 years, just can’t find a better rate . I saw a decent independent mortgage advisor and he said honestly I can’t offer you the rate Hsbc are doing so apply direct, never looked back..

Please note Hsbc are quite thorough in checks bank statements pay slips and may talk you through them etc
Edited by: "whatyadoinsucka" 22nd May 2019
Robbo1121/05/2019 22:44

I suspect your mortgage rate was based on a higher LTV than this 60% LTV …I suspect your mortgage rate was based on a higher LTV than this 60% LTV deal though because my son also fixed a fee-free 5 year mortgage with HSBC last October at a lower rate than your rate and that was for an LTV of 70% so perhaps your LTV was 75% or even 80%.


No. Sadly not. Also 60%
bebetositu21/05/2019 23:03

Yes, I agree with you, deals with the brokers have the same cost as going …Yes, I agree with you, deals with the brokers have the same cost as going direct to the bank, what I trying to say was you might find a better rate from a different lender than the one the broker offer you, for example, the First direct mortgage. Even plus the cashback, the First direct mortgage still beats the one the broker offered, in my case. If the broker cashback website offer this 1.94% HSBC one, yes, I will go with the broker to get the cashback rather than go to the bank direct.


Totally. Do you phone 95 lenders or do let you some mug do the homework for you. That's my viewpoint though.
Might just plump for the 2 year fixed or wait for MPs to reject May's 4th offering and see the rates fall further.
Choices choices...
Great rate. Can I apply for it now while my re-mortgage is due in November.
Two things :

1 - only apply if you have a great credit score. HSBC only take the lowest risk customers
2 - can we keep UKHD free of annoying phrases like ‘heads up’ - keep them for your corporate life please

Thanks
A trusted banker
RT198222/05/2019 08:28

Two things :1 - only apply if you have a great credit score. HSBC only …Two things :1 - only apply if you have a great credit score. HSBC only take the lowest risk customers2 - can we keep UKHD free of annoying phrases like ‘heads up’ - keep them for your corporate life pleaseThanksA trusted banker


Nice oxymoron.
RT198222/05/2019 08:28

Two things :1 - only apply if you have a great credit score. HSBC only …Two things :1 - only apply if you have a great credit score. HSBC only take the lowest risk customers2 - can we keep UKHD free of annoying phrases like ‘heads up’ - keep them for your corporate life pleaseThanksA trusted banker


anyway going foward lets push the envelope
beware that Hsbc can close your accounts any time for no reason ..it happened to me( and others as i found out in google) ..they never explain why..
alexis.menaxis22/05/2019 08:58

beware that Hsbc can close your accounts any time for no reason ..it …beware that Hsbc can close your accounts any time for no reason ..it happened to me( and others as i found out in google) ..they never explain why..


And me

They weren’t happy that my salary wasn’t paid direct.. I work for another bank and had no choice at the time where my salary was paid
Personally just taken out a 2.09 fix for 5 years with no fees and £500 cashback on drawdown.. works out @ 1.74% when you factor in £100 saving PA

Go via London & country

Free impartial advice
I couldn’t find a better deal
any 5yr fix offset mortgages at ~2%?
Believe_Me22/05/2019 08:56

anyway going foward lets push the envelope


Nice bit of thinking outside of the box. Let’s blue sky it next month during the conference call where people pretend to be listening but are actually on instagram! As long as I don’t get the ‘let’s p45 him’ I’m happy....!
HSBC mortgage is a lie. They wont gjve you one if you have new build house and architect's certificate only. Hahhahah what a joke, go with nationwide esse. Well established house, 7 years old. It is still standing and HSBC says no, we cant give you a mortgage, even if you have 40% equity and bob is your uncle. Save yourself some time and go with someone else. Hehhehe
0.75% is a hot deal
Kami27522/05/2019 07:53

Great rate. Can I apply for it now while my re-mortgage is due in November.


The agreement in principle last for 6 months, so if your current mortgage deal finishs on or before 22nd November, I think you can secure the deal now.
Kami27522/05/2019 07:53

Great rate. Can I apply for it now while my re-mortgage is due in November.


Yes you can, they can lock the deal for a certain amount of months, but November may be a tad too long.
Just penned a 5 year deal with Barclays, this is better, oh well 2.09%, no fees, with a little cashback
crumpo21/05/2019 21:30

Thanks for the heads up, I have an offer going through to remortgage at …Thanks for the heads up, I have an offer going through to remortgage at 1.99 so will give them a call tomorrow and see if they can switch to the lower rate!



I'm in the same position as you! Did HSBC agree to reduce to 1.94?

Thanks
londonguy22/05/2019 09:51

0.75% is a hot deal


0.75% is an unrealistic deal! How would a bank ever make any margin to cover their overheads?!
RT198222/05/2019 12:06

0.75% is an unrealistic deal! How would a bank ever make any margin to …0.75% is an unrealistic deal! How would a bank ever make any margin to cover their overheads?!


Thats the idea
Ste_C22/05/2019 11:44

I'm in the same position as you! Did HSBC agree to reduce to 1.94?Thanks


I rang HSBC this morning to reduce from 1.99 to 1.94 but they said they can't touch online applications. Advised me to take application back a stage online. I could only see an option to delete the current application (nothing to edit) so I did this and reapplied on the new rate.
Edited by: "labrajaws" 22nd May 2019
Ste_C22/05/2019 11:44

I'm in the same position as you! Did HSBC agree to reduce to 1.94?Thanks


I have tried, no, they could not reduce to 1.94, but is it worth the hassle to cancel the application and apply the HSBC instead? For me it is only about £3 difference on the monthly payment between the HSBC 1.94% and the first direct 1.99%.
Karmazyn8322/05/2019 09:30

HSBC mortgage is a lie. They wont gjve you one if you have new build house …HSBC mortgage is a lie. They wont gjve you one if you have new build house and architect's certificate only. Hahhahah what a joke, go with nationwide esse. Well established house, 7 years old. It is still standing and HSBC says no, we cant give you a mortgage, even if you have 40% equity and bob is your uncle. Save yourself some time and go with someone else. Hehhehe


For a reason - new builds should have a structural warranty. Surely it’s something that a new home owner would want anyway.

HSBC is not the only bank that requires this

cml.org.uk/len…19/
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