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Mortgage deals and offers from HSBC bank

Lenders cut fixed rate mortgages

Mortgages are more affordable than at any time in the past 12 years. The average borrowers repayments, today take up just 28% of their take home pay, the lowest level since 1999. By contrast in 2007 mortgage repayments ate up 48% of earnings. Read more

Lloyds Cutting Again

The Lloyds banking group are to release a further 15,000 more jobs and Mr Horta-Osorio said that he wants Lloyds to be the best bank for the customers. So to continue in the vein that they have been following for the last few years, they are set to remove a further 15,000 jobs from the group, accounting for about 14 per cent of the work force. Read more

Nationwide Do Not Want Your Money

In an astonishing admission, Nationwide’s group distribution director Matthew Wyles said that ‘as a lender, we would rather lend 75% loan-to-value on a buy-to-let mortgage to an experienced buy-to-let investor, than to a first-time buyer at 95% LTV.’ This surprising candor was expelled in a recent housing industry debate set up by HSBC Bank plc. Read more

HSBC Bank plc Lowers Mortgage Rates for New Customers

Yes, today HSBC Bank plc has made the bold move and lowered it’s mortgage rates for new customers who live in the United Arab Emirates (UAE). The rates have been decreased across its variable mortgage products and over its Amanah Home Finance for only new customers. This is effective immediately. Read more

First Direct Launch 1.99% Mortgage

The telephone and online bank, First Direct is still driving hard to take a even bigger share of the UK mortgage market by launching its cheapest tracker mortgage. Read more

Battle of the Banks – Mortgage Price War

UK Banking giants HSBC and Barclays are going head to head to take the lions share of the UK mortgage market. Both banks weathered the financial crisis well unlike many of their rivals which has given them a good footing and the resources to take on more mortgage customers. Read more

Lenders Get Creative With Mortgage Deals

Thousands of borrowers are due to finish their current deals and will be moved onto their bank or building societies standard variable rate (SVR). Due to the low bank of England base rate of just 0.5%, many Britains are staying on their lenders variable rate. This was once seen as the more expensive rates but some are seeing this as their best or only option. Read more

Could Life Time Tracker Mortgages be the Answer?

Well over 100,000 home owners will see their mortgage end from now until Christmas and will be looking for a deal. When their mortgage expires they will be moved onto less attractive standard variable rates (SVR). Many borrowers are already looking for a good deal ahead of their mortgage term coming to an end. Read more

HSBC Cut Mortgages to Help Customers

Martijn van der Heijden, head of lending at HSBC has recently claimed that the banking giant decided to reduce their interest rates on part of their mortgage range in an attempt to provide some financial help to some of their customers. Read more

Top Fixed Rate Mortgages

With some extreme reports of interest rates going up to 8% by the end of 2012, borrowers are asking themselves whether now is the time to switch to a fixed rate deal. Read more