Fees are free on HSBC's tracker mortgages in January sale

Thursday, 22 December 2011 02:00

There will be no fees to pay on HSBC's tracker mortgages as part of its annual January sale, the bank has announced.

First-time buyers and those looking for a better deal will be able to benefit from the offer, which means no booking fees, valuation charges or completion levies.

Even mortgages with a loan-to-value (LTV) of 90 per cent are included, although those with a 40 per cent deposit can enjoy rates as low as 2.39 per cent.

Meanwhile, a 70 per cent LTV will incur rates of 2.59 per cent and those at 65 per cent will pay 2.49 per cent.

HSBC's Peter Dockar said: "Not only will customers be able to take advantage of these products with just a ten per cent deposit, but we are also helping them keep their upfront costs down by removing the fees payable."

Employing around 52,000 people, HSBC serves some 16.1 million customers in the UK.

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