HSBC has offered what it has described as its “lowest ever rate” for a
The product is a two-year discount deal with a rate of 1.99 per cent and
It is among a range of new products that includes a discount deal available at 2.49 per cent and a 75 per cent LTV.
Other offerings include a two-year fixed-rate deal at 3.99 per cent and a 75 per cent LTV, as well as a tracker set at 2.74 per cent with a 60 per cent LTV.
“As a result we are launching our lowest ever
The move comes as Bank of England figures have been showing a further rise in the number of home
Commenting on the latest data from the Bank, technical manager at brokers Mortgageforce Katie Tucker said the ongoing trend is “very good news”.