First-time Buyers Can Get Cheap Deals from HSBC
Via relaunching mortgages at less than 5% that require a deposit of just 10%, HSBC has delivered more choice to first-time homebuyers with small deposits and homemovers. The new range of competitive deals will put up £1bn worth of funding, which is equating to 9500 typical first-time buyer £100000 homeloans.
The borrowers must at least have a paid-for HSBC Plus current account and will need to pay a hefty fee of £1499 to secure the best two-year fixed rate mortgage at 4.99%. meanwhile, the borrowers should also be wary of taking on the tracker deal.
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