HSBC grabs headlines with 1.99% discount deal

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HSBC grabs headlines with 1.99% discount deal

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09-03-2009, 11:58 AM

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HSBC grabs headlines with 1.99% discount deal

HSBC has launched a new range of mortgages that includes a two-year discount deal at 1.99%. However, the bank’s “lowest-ever” rate is only available to borrowers with a 40% deposit. Those with at least 25% to put down can benefit from a discounted rate of 2.49%, compared to the lender’s current standard variable rate of 3.94%. Both loans [...]

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