HSBC has launched a new range of 90% LTV products.
The new mortgages include a 4.19% above base rate lifetime tracker a 4.99% two-year fixed rate and a 5.99%, five-year fixed rate. All three come with a £599 fee.
New rates for customers with a 15% deposit include a 3.49% above base rate lifetime tracker (with a £199 fee) and a 3.99% two-year fixed rate (with a £899 fee).
Stuart Beattie, head of mortgages at HSBC, said: “Over 80% of young non-homeowners are aspiring to buy a home. HSBC is committed to helping their cause. The new mortgage rates we have made available today will help those with a relatively small deposit become homeowners.”””
