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With assets of around US$2.67 trillion, The Hong Kong and Shanghai Banking Corporation Limited, or HSBC as it is better known, is the world's fourth largest bank in terms of its total assets. There are around 6,000 HSBC offices, in 71 countries, on six continents worldwide and the bank boasts upwards of 60 million customers. Here at hotukdeals, we collect a wide range of offers and online incentives on HSBC products and services on one dedicated page. Read more

All HSBC Deals, Discounts & Sales for June 2020

1.49% HSBC 5 year 75% LTV fixed rate mortgage £999 fee
1314°
Posted 31st MayPosted 31st May
Great 5 year fixed rate 75% ltv mortgage from HSBC imo. 10% annual overpayment allowance and zero exit fees which is always a good plus. Hope it helps someone (y) 😁 … Read more
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tomtomato

Just use any online mortgage calculator, enter the principal due, the rate, the duration of the mortgage (5 years in this case), and expected monthly repayments. Calculator will show you the interest to be paid over 5 years. Then compare with the two rates and add the fee to the interest due for the lower rate. Or just use this: https://www.thisismoney.co.uk/money/mortgageshome/article-1633400/Mortgage-calculator-Compare-true-cost-rates-fees.html

tomtomato

Not sure how you would have a ERC of just £250, as it's calculated on the original value of the mortgage, not what's outstanding.

tomtomato

When I remortgaged with First Direct in January, they did a software valuation, and I think they overvalued my home by about 4%...

HapyDapyDoo

No, you'd be better off by £355 overall with the 1.59% inc of fees over the 5 year term but I would check the respective exit fees payable at the end of the deal for both products also. HSBC generally charge zilch whilst Santander charge around £250 or so, therefore this should also be calculated into your figures (y)

stevie_bee_2007

Changed our value of the property and now that we’ve been in contact with them 6times on the phone they spoke to underwriters and knocked 12k off 285 😄. Absolute bandits. I googled ‘HSBC undervaluing my home’ and It seems a lot of people have the same issue.

HSBC 5 year fixed mortgage - 1.39% - £999 booking fee - 60% LTV @ HSBC
1376°
Posted 21st MayPosted 21st May
HSBC now have a 5 year fixed rate mortgage with a 1.39% rate and £999 booking fee wih 60% LTV. This maybe of interest if you are up for renewal, with a higher level of equity and l… Read more
KingBob72

I had a look through all the banks yesterday and 1.39% over 5 years is the lowest rate I have found, but remember the £999 fee. FD is 1.49% with a £490 fee and HSBCs 1.59% is the lowest I have found without a fee. Happy to be told otherwise because I am about to pull the trigger on the 1.59% deal

thedarkkngiht

is this the best 60% LTV mortgage around so far? Comparing it to the Santander/First Direct ones

MHawkEye

I thought about doing the same too. But mortgages are so cheap now (and getting even cheaper!) that I figure it's better to keep paying the mortgage at about 1% interest and invest the money that would have paid off the mortgage into the stock market. Only have to make more than 1% per year and I'm better off. Average returns have been over 10% a year for as long as I can remember.

asc1991

There's good deals on higher LTV, but the lower the LTV the better the deal, always.

Rabbit_Exorcist

HSBC 1.24% 2 year fix 75% LTV £999 fee
410°
Posted 21st MayPosted 21st May
HSBC have now reduce .05% in all their rates looks like.
Get deal*Get deal*
ro.man

I tell you how i saved my money to buy a house mortgage free by 30. Renting a small room in london for 350£ a month working night shift for 6 years doing 60+ hours a week as hgv driver . Bought mortgage free house up north for 90k . Im Eastern European. Invest 1500£ into your license work hard and don't cry you don't need parents to get something . If you have kids it's a different story.

stave84

95% mortgage still available, 90% more widely, 85% very widely available. People are too entitled to wait and save or work their way up. They want the £300k or £500k house as their first home without working extra and whilst still having a BMW 1 series and top of the line phone, expensive clothes and flash holidays. I dont feel sorry for the vast majority of people. Knowing what people spend on nails/clothes/hair colouring/clubbing/cars/their insta' lifestyle no wonder they cant afford a house.

stave84

As above, my wife manged at 21 with no help. I bought my first place (before meeting her) at 26. It IS possible. You start off with a cheaper home, and a higher % mortgage. An 85% mortgage (95% is available but gets extreme) on a £200k house means you only need a £30k deposit. On a £150k house you only need £22.5k deposit. Then there is the lifetime ISA which gives free money from government, plus help to buy, and shared equity schemes. For people living in central London of course this is a different matter, is IS nearly impossible to get on the ladder there.

quickshift

It’s called having a good job and saving money (annoyed)

paulbennett9041

I am also in my 40's and a home owner. We were lucky back then i was able to get a £59000 100% mortgage to buy my first home when i was 21. 15 years later i sold this for £149000 which is the only way i had the deposit for the home i have today. I could never afford my current home if i had to save that deposit. The younger generation today are screwed. Especially if they are renting as this is more than a monthly mortgage payment so very tough to save any money and have a life. Most of the younger people will need to wait for an inheritance before they are able to buy. My brothers both rent and the only hope of buying a house is that one day hopefully far in the future they get 100k each from the sale of our parents house. it's very sad.

HSBC 1.54% 5 year fix 75% LTV £999 fee
579°
Posted 13th MayPosted 13th May
Saw the nationwide deal at 1.59% is on the hottest deal of the day. This one is cheaper on the interest rate front and lower on the fees. Nationwide have a £65 admin fee at the end… Read more
thriftybugger

donny1266 wrote: In the last recession lowered the rates from 5% to 0.5%, what have they got now to hold the prices and bailout home owners. We have already had help to buy, which is another form of negative mortgage rates where the government pays you to buy a house. What have they got now? Negative mortgage rates are more effective in directing money to the consumers without middlemen like construction companies as in the case of help to buy.

donny1266

And now people are coming back to work since lockdown is over. You said half were furloughed and you were wrong.

thriftybugger

"Andy Haldane, its chief economist, said more than half of the nation’s 33-million-strong workforce was already unemployed, furloughed or working shorter hours as a result of the Covid-19 shutdown." in the Telegraph, obviously I said it before him. You don't need a high paying economist to point that out, it's just common sense.

thriftybugger

In the last recession lowered the rates from 5% to 0.5%, what have they got now to hold the prices? We have already had help to buy, which is another form of negative mortgage rates where the government pays you to buy a house. What have they got now? Negative mortgage rates are more effective in directing money to the consumers without middlemen like construction companies as in the case of help to buy.

thriftybugger

https://www.telegraph.co.uk/business/2020/05/16/britain-heading-eighties-style-unemployment-crisis/

HSBC 2 Year Fixed Fee Saver Mortgage @ 1.49% - no fee @ 60% LTV
512°
Posted 10th MayPosted 10th May
60% Maximum Loan to Value (LTV) Mortgage Initial interest rate* Followed by a Variable Rate, currently* Initial interest rate period* Overall cost for comparison (APRC)* Boo… Read more
Get deal*Get deal*
Dog_Man

OK thanks James. Its not worth getting a buy to let mortgage tho seeing as though I wouldn't be making buy to let money on the property lol. My parents would be living there I would be just going onto mortgage but without living there.

kidrock123

Very nice but could do with them being fixed for a longer initial period……

djames108

You cant have 2 residential mortgages Unless you have permission to let on the first and are not living in it most lenders then will then allow a 2nd residential mortgage

sasuke0

There's a huge knock on effect, you've got international students not coming over either along with Airbnb cutting their staff by ~25%, the tourism market got hit hard. Which also means landlords aren't getting the income they once had.

Dog_Man

Hi could somebody advise me. I'm wanting to go onto my dads mortgage to release some equity which will help me move into a bigger property. So basically I'm going to have 2 mortgages in my name. Will that be an issue with the lenders as long as I can show affordabilty of course. I want to do the RM shortly and take advantage of the low rates

HSBC 5 year fixed mortgage - 1.59% - no booking fee - 60% LTV @ HSBC
2537° Expired
Posted 1st MayPosted 1st May
Spotted that HSBC have reduced some of their 5 year fixed rates mortgages. This maybe of interest if you are up for renewal, with a higher level of equity and looking for a longer … Read more
Get deal*Get deal*
christopherbridg

Whatever browser (or computer ) I use, when going through the application and on opening the "Key facts" document fails stuck on "Your document is now loading...", it's been like that over a week. Doubt it is my router.

Stephen_petrou

Many thanks

V12_PHEV

You can usually apply three months in advance. For such a low amount usually the no fee option..

Stephen_petrou

Thanks for the great offers everyone, mines up for renewal Jan 2021 , when's the best time to look. Owe around 40 thousand on a 200 thousand house, what type of deal is best regarding with or without a fee. Many thanks in advance

ITRUK

Perfect, thanks for mentioning that! I've just found my paperwork and noticed that our long term fixed with HSBC is up on the same, 31st August. I didn't realise that they send a letter out notifying you that you can start to look around etc..

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FREE - £10 Chili Movies Voucher for HSBC advance customers
274°
30/06/2020Expires on 30/06/2020Posted 1st MayPosted 1st May
A reminder of this deal: https://www.hotukdeals.com/deals/free-10-chilicom-credit-for-hsbc-advance-customers-3432070 A £10 Chili Movies Voucher for HSBC advance customers:- We… Read more
AngelFromHeathen

thanks, watched hacksaw ridge - not bad at all

GoodForLife

Free yes, but the selection is restricted to a list. Cannot be redeemed against new movies.

dantoe12

same old choice of films unfortunately.

generalstace

Thanks. Just in case anyone isn’t aware you can get 2 vouchers (1 per person) with a joint account. You have to both sign up separately to HSBC advance rewards.

deckard2

Do you have to register with Chili to successfully use the code?

Free £10 Chili.com Credit (Video streaming / Rental) for HSBC Advance customers
609° Expired
Posted 1st AprPosted 1st Apr
For HSBC Advance Customers only. "We have 1000 free £10 codes from CHILI (each a “FREEBIE”) to give away each month for April May and June 2020 inclusive. CHILI offer over 50,000… Read more
MGC17

Would be very grateful for a code if anyone has one? Can send a fully stamped Nero card (although not much use right now (embarrassed)). Thank you.

FoxRaynard

Down with this sort of thing. It should be for the NHS

Thar

I tried to register, haven't previously. The site crashed and then when I tried again, said I hadn't activated the account using the link in the email they sent, which email when would they have sent it?

imlikeghostfrompower

ynot working for me wont let me log in :( cold

nazar_shah20

I would like to try this out, if anyone has a code, I'd appreciate it. Thanks

Tracker mortgage 0.84% (75 % LTV) or 0.74% (60 %LTV) for 2yrs (£999 booking fee) @ HSBC
766° Expired
Posted 21st MarPosted 21st Mar
Tracker mortgage 0.84% (75 % LTV) or 0.74% (60 %LTV) for 2yrs (£999 booking fee) @ HSBC
With the BOE base rate at a 400 year low of 0.1% due to COVID-19, HSBC's tracker rates are coming to historical lows as well. Illustration for 70% LTV Illustration for 60%… Read more
Get deal*Get deal*
poppycock

Thanks buddy. Keeping fingers crossed. No news for 48 hrs but I guess I need to be patient as all banks are short staffed for obvious reasons.

donny1266

Lmao - talk about clutching at straws. People been preparing for lock downs. Less viewers means little to the price of houses. The land registry is shut lol

Copperface

https://www.bbc.co.uk/news/business-52051174

Copperface

Don't get any pleasure from it as many are going to suffer badly from this but you are clutching at straws.So not going to comment solely to come back in a year and laugh, as you stated you were doing. Not quite sure where you think the money will be coming from to support the UK housing market. National debt will constrain much investment. I never said permanent - I said long term. And I'll be proved right. Coupled with the potential Br%$£t repercussions (hopefully they'll be forced into a rethink on that and we'll just get a BRINO) there is simply no news to support any optimism. None. https://www.bbc.co.uk/news/business-52045797

saranam

Timing of application matters. Yes you will get the rate if approved. To give an example, usually mortgage offers once issued usually last for 6 months and many products increase or decrease and your offer stays the same Best wishes and Good luck with your application

Tracker mortgage 0.99% (75 % LTV) & 0.89% (60 %LTV) for 2yrs + £999 booking fee @ HSBC
1758° Expired
Posted 13th MarPosted 13th Mar
Tracker mortgage 0.99% (75 % LTV) & 0.89% (60 %LTV) for 2yrs + £999 booking fee @ HSBC
With recent drop in Bank of England interest rate to 0.25% lowest ever, the tracker rates are reduced a) 0.99% (75 % LTV)-0.74 % above BoE rate b) 0.89% (60 % LTV)-0.64 % above Bo… Read more
DJBucko2009

The APR is virtually useless though, as it looks at the cost over the entire mortgage period. Better to set up your own spreadsheet.

killerferret

100% right, i should of put some reasoning behind it. So many companies are at risk at the moment although share prices low the risk of total loss of shares I feel is too high .... all personally of course and definitely see your point, its that risk vs reward stuff again

Jules_HT

The point being made by the other poster was that because interest rates were so high, property prices were suppressed and average mortgage values a much smaller multiple than is typical these days. So mortgage payments as a proportion of take home pay was no higher than it is now. In fact it was lower. So the tales of woe of those times are over stated. The real tale of woe is for first time buyers right now. I'm sorry that having taken advantage of readily available reasonably priced housing, that has multiplied in value probably by an order of magnitude since, that you don't have a way of multiplying the cash you (and many others of your generation) have knocking about as a result. There will be plenty of youngsters earning minimum wage on zero hours contacts, who pay a massive proportion of their income into rent, and have absolutely no prospect whatsoever owning their own home, rolling around laughing at you pointing your finger at the over 70s who had it golden. You're that person, to the young these days!

Jules_HT

When share prices are low is the best time to invest - you're buying cheap units.

ran123ran

So its better to put in pension instead of ISA as you get a "contribution" based on your tax rate? Even better if you are a high rate tax payer?

Free coffee and cake at Patisserie Valerie for HSBC Advance customers
354° Expired
Posted 2nd MarPosted 2nd Mar
Free coffee and cake at Patisserie Valerie for HSBC Advance customers
FREE£0.01
HSBC Advance Customers - Grab your freebie code and choose from éclairs, gateau’s, cheese cake and more, to be enjoyed with a delicious coffee. Freebie redeemable Monday – Frida… Read more
hafsaM

Yes I can swap for any unidays / student beans codes

r4w80

Can the offer be used on public holidays? (e.g. Good friday)

jamie15

Yeah I can swap (highfive)

jamie15

PM me if interested (y)

scorpio_king

Anyone wanna swape? I have a code with me & happy to exchange. Sorry this is gone now

Amazon £100 voucher for signing up for HSBC Kinetic [iOS only] business banking account
163° Expired
Posted 19th FebPosted 19th Feb
Amazon £100 voucher for signing up for HSBC Kinetic [iOS only] business banking account
HSBC is trialing a new business banking account, and gives away £100 for the early adopters. As with most of the new apps, it’s iOS only for now, with android app coming later thi… Read more
Get deal*Get deal*
gamerforever

Finally got an email, but won’t let me finalise the register for some reason

StudentGrant

Has anyone managed to get the voucher as a sole trader without a limited company?

vladdy

Can confirm, the voucher arrived the second day.

norfolk_enchance

The voucher arrived via email the day after the account was approved. It's beta testing the app so you various 'missions' to do. It's not meant to replace your actual business account at this stage.

vladdy

How long did it take for them to send you the voucher? Also, did you actually use the bank account?

5 Year Fixed Standard Mortgage (Until 30/06/2025) 1.44% + £999 fee 60% LTV @ HSBC
1097° Expired
Posted 16th FebPosted 16th Feb
5 Year Fixed Standard Mortgage (Until 30/06/2025) 1.44% + £999 fee 60% LTV @ HSBC
HSBC 5 Year Fixed Standard mortgage @1.44% +£999 fee 60LTV slightly cheaper if you HAVE HSBC PREMIER ACCOUNT
Anon32

Rates risen by .05% unbelievable. Only the banks can do this. I’m 7 months from my end date of a fixed 2.89%. They cut interest on savings but put fixed rates up when the BoE has just cut by .65%. How long is a mortgage held for? Want that tracker that’s going on at .89%

Robbo11

Sorry, not looked at this thread for a few days. It depends on the term of the mortgage but assuming a 25 year or 30 year mortgage with the 5 year fixed rates, the figures are:- For a 30 year £185K mortgage with 5 year fixed rate of 1.69% and monthly payments of £655. After 5 years you would still owe £160,282 For a 30 year £185K mortgage with 5 year fixed rate of 1.49% and monthly payments of £638. After 5 years you would still owe £159,608 For a 30 year £185K mortgage with 5 year fixed rate of 1.44% and monthly payments of £633. After 5 years you would still owe £159,438 For a 25 year £185K mortgage with 5 year fixed rate of 1.69% and monthly payments of £756. After 5 years you would still owe £153,961 For a 25 year £185K mortgage with 5 year fixed rate of 1.49% and monthly payments of £739. After 5 years you would still owe £153,295 For a 25 year £185K mortgage with 5 year fixed rate of 1.44% and monthly payments of £735. After 5 years you would still owe £153,126 The HSBC £999 upfront mortgage fee for the 1.44% rate and the First Direct £490 upfront fee for the 1.49% rate are not included in the figures.

Jesusaur

I've been quoted 1.99% for a 5 year remortgage on 80% LTV with HSBC and no fees.

deeyup

Agree totally with the comment about hoops needing jumping through. Also, don't even think about using an endowment policy as a repayment vehicle. They refused to recognise the HSBC endowment policy they sold me previously!

mug51

whitedot posted a spreadsheet on the first page (don't know how to multi quote from two pages) http://locostfireblade.co.uk/spreadsheet/Index.html

1.69% 5 year fixed fee saver mortgage LTV 60% at HSBC
1214° Expired
Posted 16th FebPosted 16th Feb
1.69% 5 year fixed fee saver mortgage LTV 60% at HSBC
Looks like HSBC have cut there 5 year fixed rate to 1.69% if you have a ltv of 60%. There are no booking fees or admin fees with this deal. Please be gentle as I thought this was a… Read more
TheSnout

lower??? they just raised the 5yr fixed fee saver to 1.74%... guess they need to recover the tracker losses somewhere!

manoir

How long before it filters into HSBC rates do we reckon? I expect the full 0.5% drop won't be filtered through to borrowers (but I bet it will to savers!). I also expect the base rate to be back up again, probably by the summer, but I'm with HSBC now and planning on moving house this year. HSBC have already said they will port it all fee free, so I'm just crossing my fingers that timing is fortuitous. I know its all speculative, but does anyone have any previous experience of how quickly and to what extent HSBC reflect base rate drops. I'm aware prior examples might not necessarily inform what HSBC do this time, especially as this is meant to be a temporary drop.

Marcus_72

It will be back up in a month or two I'm sure.

jonnyc1973

Unlikely it has that much effect on long term fixed rates. A little but not that much.

Marcus_72

Lol base rate just been cut by 0.5%

Free coffee and cake at Patisserie Valerie for HSBC Advance customers
294° Expired
Posted 10th FebPosted 10th Feb
Free coffee and cake at Patisserie Valerie for HSBC Advance customers
FREE£0.01
The freebie on the HSBC advanced website for February and March is free coffee and cake at Patisserie Valerie. Please note it is valid only Mon-Fri. For the first 1000 customers on… Read more
star2000

You only get a new code if you did not get one in February.

jamie15

Offer is back!

jamie15

That sucks if it is the case, especially since they only give 1000 codes a month.

saadiya

Not sure if anyone's noticed but they've edited it to being for February. So there's gonna be nothing in March ?

jamie15

Oooh, thanks for that. Valid until 30th June plus there will be another 1000 codes in March!

10% cash back on Morrisons shop with £20 or more spend with HSBC offers
604° Expired
Posted 9th FebPosted 9th Feb
As with Halifax and Lloyds, HSBC have a cash back scheme when paying with their visa debit card. Was a fairly rubbish scheme but they have seemed recently to have increased their o… Read more
Get deal*Get deal*
Over.The.Knee

Can anyone confirm if they got cashback (from the HSBC Visa offer) after buying gift cards at Morrisons? As presumably it doesn't say 'gift cards' on the HSBC card statement. Thanks! (y)

deckard2

They've now confirmed cashback IS available on Visa debit cards.

puppydog16

I'm Not sure which HSBC Visa debit card you have, certainly works with mine all I can see on t and cs "For a card to be eligible to be registered for the Cashback Service it must not be a: Visa business or Visa corporate credit or debit card;"

deckard2

I asked HSBC about this - they said: "... you cannot get cashback on your HSBC Visa Debit card. This can be done only on Credit Cards with HSBC" I've queried if this is actually true as their website says Debit cards will work...

puppydog16

All I would say is that the offers change on a weekly basis so you maybe get better offers over time as I did

Free Croque at Café Rouge @ Hsbc advance members website
217° Expired
Posted 24th JanPosted 24th Jan
Free Croque at Café Rouge @ Hsbc advance members website
FREE£0.01
I was just checking in the website , when this came out. We have teamed up with Café Rouge to give away another 1000 of their famous Crouque sandwiches for free to HSBC Advance Me… Read more
hedge2004

No codes!

MrC.Ashback

HSBC Advance customers are hungry, this deal has gone already - they're now out of codes

PhilK

Those sarnies look nice. Better than my ham and pease pudding

Nikki06

Lucky HSBC Advance customers! Should anyone not be using theirs, please me the code as there's one quite close to me. Thanks :)

Aj_says

Thank you

HSBC switch offer - £175 for switching banks
2743° Expired
Posted 30th Dec 2019Posted 30th Dec 2019
Free £175 to switch account. Check details for eligibility
Get deal*Get deal*
spinks

Just got an email ‘Welcome to HSBC advance’ guessing my account is now finally opened. 7 weeks from application?

Thar

There's nothing to say you have to stay with them in the t&c. I'm only staying as I need to let my credit score recover for a while, made a few switches since last Summer, so I've taken out one of the savings accounts and I'll wait for that to mature..

Thar

I applied 2 February. Switch completed 6 March, inventive paid the 13th March.

Daniel_Mooney

Anyone know if you have to stay with bank and certain amount of time after receiving the incentive?

Daniel_Mooney

My switch went through on the 13th feb. I think calling them last night to ask where my incentive money was helped push them along. Maybe give that a try? A little coincidental that the money goes in the day after I called them!

HSBC 5 year fix mortgages fee free 1.79% (1.54% £999* fee) 60% LTV
651° Expired
Posted 29th Dec 2019Posted 29th Dec 2019
HSBC 5 year fix mortgages fee free 1.79% (1.54% £999* fee) 60% LTV
Some great mortgage rate offers 2&3 years even lower rates *if you are a premier customer fee is £499 only LTV 60% is if you need a £60k mortgage and your house is worth £100k
Get deal*Get deal*
ran123ran

Hsbc also doing 5 year fix at 1.74% now fot 60 ltv fee free...just follow the same link

amanda.f

Posting this here for anyone that is looking for a good deal on a 5 year fixed, tried posting this as a deal but it was rejected by HotUKDeals as Co-operative Bank is as follows 'merchant is currently unsuitable for listing on hotukdeals' apparently, hey ho, good deal though for anyone looking at mortgages and have a 60% LTV, see their website for details: 1.74% for 5 year fixed mortgage, no fees plus £250 cashback at Platform (part of co-op Bank) based on 60% LTV

The-General

Nice trolling there (y)

johnmcdon

I can see why you were pushed out of your family home in north London.

The-General

Help to buy is just another scam, it can be a godsend for some but if you have at least 5% and you can hold out, I would wait.

Free £175 When Switching to HSBC
347° Expired
Posted 15th Nov 2019Posted 15th Nov 2019
Couple of different options from HSBC. Should be something to suit everyone! *Cash paid within 30 days of account opening. **Only available if you have not had a HSBC account sin… Read more
Get deal*Get deal*
tomacat1

No, says in T&Cs you have to be a new HSBC customer

stevevalo

This closed on the 2nd December at midnight...

joco202

I've got 2 questions please. One, can I set up 2 dd to transfer money to my other account, would that count? And can me and my girlfriend both switch (different accounts), living together or is it just 1 person per household?

snatch_master

Looking at the documentation I don't even think you need to pay any money into this account. They just want to know that you can.

snatch_master

What happens if you don't pay the £1,750 in each month, after you've got your bonus? is there a fee?