HSBC trims mortgage rates across first-time buyer and home mover ranges

HSBC UK has reduced rates across a wide range of residential mortgage products, with changes taking effect from Thursday 15 January 2026.

The latest adjustments apply to existing customers switching products, first-time buyers and home movers, with reductions spanning two-year and five-year fixed rate deals at higher loan-to-value ratios.

EXISTING CUSTOMER SWITCHING

For residential customers switching with HSBC, the bank has cut rates on its two-year fixed Fee Saver product at 95% loan-to-value.

FIRST-TIME BUYERS

First-time buyers will see reductions across a broad selection of fixed rate options. This includes two-year fixed Fee Saver products at 90% and 95% loan-to-value, as well as two- and five-year fixed Standard products at 90% loan-to-value.

HSBC has also reduced rates on its five-year fixed Fee Saver at 90% loan-to-value, alongside two- and five-year fixed Premier Exclusive products at the same loan-to-value tier.

ENERGY EFFICIENT FIRST-TIME BUYER HOMES

For first-time buyers purchasing energy efficient homes rated A or B for EPC, the same pattern of reductions applies. Two-year fixed Fee Saver products at 90% and 95% loan-to-value have been reduced, alongside two- and five-year fixed Standard products at 90% loan-to-value.

The lender has also cut rates on its five-year fixed Fee Saver at 90% loan-to-value for qualifying energy efficient properties.

HOME MOVERS

Home movers are also included in the latest repricing. HSBC has lowered rates on its two-year fixed Fee Saver products across loan-to-value bands from 60% through to 95%.

Reductions also apply to two-year fixed Standard products at 60%, 80%, 85% and 90% loan-to-value, as well as two-year fixed High Value mortgages at 60% loan-to-value. Two-year fixed Premier Exclusive products have also been reduced at 60%, 80%, 85% and 90% loan-to-value.

ENERGY EFFICIENT HOME MOVER HOMES

For home movers purchasing energy efficient homes with an A or B EPC rating, HSBC has cut rates on two-year fixed Fee Saver products across loan-to-value tiers from 60% to 95%.

Two-year fixed Standard products at 60%, 80%, 85% and 90% loan-to-value have also been reduced for qualifying properties.

HSBC noted that its Premier mortgage rates are only available to existing HSBC Premier current account holders. Brokers are advised to check account eligibility prior to submission, as applications without a qualifying Premier account will need to select a product from the standard range.