HSBC Fixed Rate Mortgages 2yrs 1.14%, 3yrs 1.44%, 5yrs 1.69% Booking fee from £749 (60% max ltv)
697°Expired

HSBC Fixed Rate Mortgages 2yrs 1.14%, 3yrs 1.44%, 5yrs 1.69% Booking fee from £749 (60% max ltv)

98
Found 3rd May
New HSBC mortgage rates with lowest 5 year fixed rate on the market. Maximum LTV of 60% required and £749 booking fee for advance/premier customers or £999 for standard.

2Yr Fixed Advance @ 1.14%

3Yr Fixed Advance @ 1.44%

5Yr Fixed Advance @ 1.69%

Link to all of their mortgage deals - ​hsbc.co.uk/1/2…tes

Top comments

Good deal, but you'll have paid off your existing mortgage by the time HSBC get around to transferring you.

It's easier to wrestle a pasty off a tramp than it is to get a financial product from these clowns.

Cold, bring the house prices down !

telcoengr

Cold, bring the house prices down !



How does high house prices make this a cold deal? (_;)

Rates have been up and down at the minute with HSBC, we managed to secure 1.99% fixed for five years (60% ltv) with no fee earlier this year just before they started going up, now it's 1.94%. But like the deals now, even on a £90k mortgage it still worked out cheaper going with the fee free rate over 5 years than paying £749/£999 booking fee. I guess if you want to borrow over £100k it might be worth looking at the deals with booking fees.

And for those complaining how tough it is to get a mortgage with HSBC, we sat with a mortgage advisor for about 2 hours, gave him all our income and outgoings and once he was happy we could afford the mortgage it was approved in principle there and then and signed the paperwork the week after. Isn't that the way it should be done, mortgage providers checking you can afford the mortgage amount you're looking to borrow?
98 Comments

Suspended

good deal

Excellent deal.

Looks interesting.

Link to all of their mortgage deals - hsbc.co.uk/1/2…tes

absolute scum bank. A lot of solicitors won't deal with them because of how awkward they make getting a mortgage.

interesting ive been holding out and over paying my mortgage over the last two years. 1.69% is a very good rate

Good deal, but you'll have paid off your existing mortgage by the time HSBC get around to transferring you.

It's easier to wrestle a pasty off a tramp than it is to get a financial product from these clowns.

Shame I'm only half way through my 2.99% deal. Would be very tempted to investigate deal otherwise. Heat added.

Cold, bring the house prices down !

telcoengr

Cold, bring the house prices down !



How does high house prices make this a cold deal? (_;)

Decent offer but got Atom 1.29% 5y fix deal confirmed today

Sorry if this is slightly off topic. But has anybody ever found that having the credit card of a particular lender got them a more favourable rate when remortgaging? I'm thinking of getting the Halifax 30 month purchase card. Only that my mortgage is with Santander, who offer a 0% 27 month card, I'd be tempted to go with them if i thought it might get me a better deal next year when my mortgage's fixed term is up.

From my experience HSBC have probably got the toughest mortgage application process going. It is how banking should be but they can show you the door at the initial stage!

themadgoose

Good deal, but you'll have paid off your existing mortgage by the time … Good deal, but you'll have paid off your existing mortgage by the time HSBC get around to transferring you.It's easier to wrestle a pasty off a tramp than it is to get a financial product from these clowns.



Why are you stealing food from the homeless?! Having a mortgage and s house not enough for you that you have to steal their pasty?! For shame....for shame....

I was renewing my 2 year deal with them the other day and it actually worked out better to take the 2 year fee saver at 1.54% over the 2 year Advanced/Premier rate at 1.14% with £749 fee. You only really profit if you take a 3 or 5 year deal it seems.

iskillz

I was renewing my 2 year deal with them the other day and it actually … I was renewing my 2 year deal with them the other day and it actually worked out better to take the 2 year fee saver at 1.54% over the 2 year Advanced/Premier rate at 1.14% with £749 fee. You only really profit if you take a 3 or 5 year deal it seems.


Of course, this is entirely dependent on the amount you're borrowing Anything over £100k and the lower rate works out less than the £749 fee
Edited by: "FatalSaviour" 4th May

imsomethingyournot

Why are you stealing food from the homeless?! Having a mortgage and s … Why are you stealing food from the homeless?! Having a mortgage and s house not enough for you that you have to steal their pasty?! For shame....for shame....



​Assuming you're not looking to spread the fee across the mortgage. I prefer not to stump up the fee upfront these days. Need the cash for home improvements.

red23

absolute scum bank. A lot of solicitors won't deal with them because of … absolute scum bank. A lot of solicitors won't deal with them because of how awkward they make getting a mortgage.


Because things ended so well back in the days of self certification didn't they?

senukas

Decent offer but got Atom 1.29% 5y fix deal confirmed today


remortgage?

I recently remortgaged within HSBC from an old pre-existing 5 year deal with 1 year left to a 5 year fixed at 1.79% with 60% LTV and no booking fee. This was an open offer in about January. Surely the offer posted here is worse because of the booking fee? So much for price war...

Tory party puppet masters. Cold.

holeymoley18

Shame I'm only half way through my 2.99% deal. Would be very tempted to … Shame I'm only half way through my 2.99% deal. Would be very tempted to investigate deal otherwise. Heat added.


Let me make you feel better, I am on 3.99% 4y fixed !

Personally I thought their mortgage team was fine. We got the 2 year 1.69 on 75% a month ago. We knew the exact product we wanted, so applied online instead of using a mortgage advisor. It took about 6 weeks, the norm according to my research and discussions with several lenders. Yes, they were very thorough, but I didn't consider it to be excessively intrusive, and their underwriters were very pleasant.

Rates have been up and down at the minute with HSBC, we managed to secure 1.99% fixed for five years (60% ltv) with no fee earlier this year just before they started going up, now it's 1.94%. But like the deals now, even on a £90k mortgage it still worked out cheaper going with the fee free rate over 5 years than paying £749/£999 booking fee. I guess if you want to borrow over £100k it might be worth looking at the deals with booking fees.

And for those complaining how tough it is to get a mortgage with HSBC, we sat with a mortgage advisor for about 2 hours, gave him all our income and outgoings and once he was happy we could afford the mortgage it was approved in principle there and then and signed the paperwork the week after. Isn't that the way it should be done, mortgage providers checking you can afford the mortgage amount you're looking to borrow?

iskillz

Assuming you're not looking to spread the fee across the mortgage. I … Assuming you're not looking to spread the fee across the mortgage. I prefer not to stump up the fee upfront these days. Need the cash for home improvements.


Not confirmed the specifics of this deal, but you can typically add booking fees to the mortgage, which effectively would spread this out.

From HSBC's own literature:
Booking Fee
A non-refundable fee charged on some mortgages to secure a particular mortgage deal.
You may be able to add some or all of the booking fee to your mortgage. Adding fees to your mortgage will mean that you will pay more interest over the term of the loan, than if you had chosen to pay the booking fees at the outset. If you would like to consider adding the booking fee to your mortgage, please call us or visit your local HSBC branch where we will be happy to discuss your requirements.

what is a mortgage?

bloc

what is a mortgage?


It's credit for people unable to afford to buy property outright.

adi0604

Let me make you feel better, I am on 3.99% 4y fixed !



Let me make YOU feel better. 4.14% 5yr fixed

CardboardCutout

Let me make YOU feel better. 4.14% 5yr fixed


Depending on how far you are into the 4/5 year fixed, it may work out cheaper to pay the early redemption penalty and take one of these out instead..

senukas

Decent offer but got Atom 1.29% 5y fix deal confirmed today



good deal, did you contact them and they find that deal for you?

red23

absolute scum bank. A lot of solicitors won't deal with them because of … absolute scum bank. A lot of solicitors won't deal with them because of how awkward they make getting a mortgage.



I had no issues at all

I got a mortgage with HSBC beginning of the year, was very straight forward although these rates are slightly better than what I got!

Get a better deal from Nationwide without fee's.

Transferred and re-mortgaged twice now with HSBC, very straight forward with the online application.

60% max LTV though
Edited by: "Sp00n" 4th May

mgowans

Depending on how far you are into the 4/5 year fixed, it may work out … Depending on how far you are into the 4/5 year fixed, it may work out cheaper to pay the early redemption penalty and take one of these out instead..


That's what I did, 8 months in to a 5 year fix at 4.69% I paid FirstDirect £3,300 to get out and dropped to 1.24 above base
Edited by: "masekwm" 4th May

masekwm

That's what I did, 8 months in to a 5 year fix at 4.69% I paid … That's what I did, 8 months in to a 5 year fix at 4.69% I paid FirstDirect £3,300 to get out and dropped to 1.24 above base



I did similar, ended up paying the exit fee when I moved house, but rate went from over 5% to 2.89%. Yes there are even cheaper deals now but it's all about the timing. Same with buying property - I bought at a good time when the market was slow, sold about 4 years later with 20k profit. I know others who haven't been so lucky with the timing of property purchases and find themselves in negative equity.

rossington

How does high house prices make this a cold deal? (_;)



The 60% maximum LTV perhaps?

red23

absolute scum bank. A lot of solicitors won't deal with them because of … absolute scum bank. A lot of solicitors won't deal with them because of how awkward they make getting a mortgage.



Odd as HSBC seemed quite flexible in the Americas, happy to help launder billions in drug money.

Or given the violence from the drug war over there, maybe I should rephrase that to 'blood money'.
Edited by: "supermann" 4th May

Would anyone here consider the 10 Year Fixed Fee Saver @ 2.59% ? I do like to play it safe I guess!

mgowans

Depending on how far you are into the 4/5 year fixed, it may work out … Depending on how far you are into the 4/5 year fixed, it may work out cheaper to pay the early redemption penalty and take one of these out instead..



Coming up to the end of the third year in August, but the exit penalty would have to come out of money I'm saving for a new roof so I'm torn.
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