The bank reduced the majority of 2 and 3-year products by 0.10% and 0.30% respectively and all 5-year products by 0.20%.
HSBC has reduced interest rates by up to 0.3% on fixed rate mortgages across two, three and five year deals.
The bank reduced the majority of 2 and 3-year products by 0.10% and 0.30% respectively and all 5-year products by 0.20%.
Tracie Pearce, head of mortgages at HSBC UK, said: “We are committed to offering good value to customers with large or smaller deposits, and when we can improve our rates and make buying a property or remortgaging cheaper we do.
“Fixing a mortgage can give homeowners important certainty and peace of mind, and with the reductions across the 2, 3 and 5-year product ranges their home-buying journey has just got a fair bit cheaper and more affordable.”
HSBC is also offering a 2-year fixed rate cut at 1.44% with a £999 to 85% loan-to-value and a 5-year fixed rate reduced by 0.25% to 1.94% at 60% LTV.
This is the second time in two weeks that HSBC has reviewed and lowered its mortgage rates.
