HSBC launches low-rate fixed mortgages
Thursday, 27 January 2011 02:34
A new range of low-rate fixed mortgages has been launched by HSBC following a marked increase in demand for longer-term fixed rate loans.
They include a five-year fixed rate at 4.29 per cent with a £99 fee and a seven-year fixed rate at 4.69 per cent with a £999 fee.
People can take advantage of the loans as part of the bank's sale, which ends on February 6th.
Stuart Beattie, HSBC's Head of Mortgages, said: "Customers who want to lock into a fixed mortgage may need to act fast if they want to get the lowest rates."
He added the offers give homeowners the chance to secure a good deal at a time when low-rate fixed mortgages are becoming less available.
Use the Myfinances.co.uk comparison tools to find the best deal on a mortgage
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