HSBC UK cuts mortgage rates by up to 11bps

HSBC UK has reduced rates across its mortgage range, with cuts of up to 11bps for first-time buyers, home-movers, remortgage customers and buy-to-let landlords.

The changes, which take effect from today (Wednesday 10 June 2026), include a number of reductions across the lender’s residential and buy-to-let product ranges.

For first-time buyers, the two-year fixed rate at 60% LTV with no fee has been reduced by 7bps to 4.78%, with £250 cashback rising to £600 for energy efficient homes.

The two-year 85% LTV no-fee product has been cut by 9bps to 4.93%, with £350 cashback increasing to £700 for energy efficient homes.

The two-year tracker at 90% LTV with a £999 fee has been reduced by 8bps to 4.71%, while the two-year 85% LTV Premier product with a £999 fee has fallen by 7bps to 4.62%, with £350 cashback.

PURCHASE

Across the purchase range, the two-year 90% LTV product with a £999 fee has been reduced by 10bps to 4.81%, while the no-fee equivalent has fallen by 11bps to 5.06%. Both products include £250 cashback, increasing to £600 for energy efficient homes.

The two-year tracker at 90% LTV with a £999 fee has been cut by 8bps to 4.71%, while the two-year 90% LTV Premier product with a £999 fee has been reduced by 10bps to 4.78%.

REMORTGAGE

For remortgage customers, the two-year 60% LTV product with a £999 fee has been reduced by 6bps to 4.55%. The two-year 75% LTV no-fee product has fallen by 10bps to 4.89%, the two-year tracker at 90% LTV with a £999 fee has been cut by 8bps to 4.71%, and the two-year 75% LTV Premier product with a £999 fee has been reduced by 10bps to 4.61%.

BUY-TO-LET

Within the buy-to-let remortgage range, the two-year 60% LTV product with a £1,999 fee has been reduced by 9bps to 4.55%, with £350 cashback for energy efficient homes.

The five-year 60% LTV product with a £1,999 fee has been cut by 4bps to 4.61%, also with £350 cashback for energy efficient homes.

The two-year 65% LTV product with a £3,999 fee has been reduced by 11bps to 4.35%, while the five-year 75% LTV Premier product with a £1,999 fee has been cut by 4bps to 4.66%.