Spiga

HSBC is launching a series of loans

From April 14 HSBC is launching a series of loans of a first-time buyers in mind.

The new offer includes a period of two years with a fixed rate mortgage with a loan of 90% of the value at a rate of 4.99% with a fee of £ 1499th

Undoubtedly the interest of home buyers with a deposit of 10% of the lender is two years, fixed rate loan at 5.49%, with a smaller amount of £ 199th

In addition, a lifetime tracker at 4.09% above the base rate (currently 4.59%) and a fee of £ 999, but no exit penalty to the borrower the freedom of others with the base rate increases.

However, only HSBC Premier and more clients will be used for loans, although potential borrowers without an account and can use the bid.

The Bank has already pledged £ 15 billion in new mortgages for 2009 and said that 1 billion pounds to finance loans, deposits are not high.

CEO of HSBC Personal Financial Services, Joe Garner, commented: "Although house prices have fallen and continue to fall, they will not always work. At HSBC, we are our customers, winds and tides, and these changes mean that we continue to give customers the best chance of their mortgage. "

The allegations were confirmed by mform.co.uk mortgage advisers recently appointed HSBC's most consistently competitive mortgage market in 2008.

0 comments: