HSBC passes base rate fall to majority of mortgage customers

Barclays unveils new fixed rate mortgage deals

Barclays is offering an escape from rising standard variable rates (SVR) with the launch today of four competitively priced fixed rate mortgages.
Skipton BS beefs up buy to let mortgage range

Skipton Building Society has enhanced its buy to let mortgage selection, with two new two-year base rate trackers and a two-year fixed rate deal.

Monday, 09 March 2009 12:00

HSBC has announced that it will pass on the entire 0.5 per cent drop in the base rate to a majority of its mortgage customers.

Current fixed rate mortgages will be unaffected, but HSBC has launched a two-year fixed-rate mortgage of 2.89 per cent available to new customers.

The standard variable rate, currently at 3.94 per cent, is still under review.

Two other mortgages also offer rates below three per cent - the lifetime tracker at 2.95 per cent and the two year premier discount mortgage at 2.99 per cent.

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