What are the rates on an HSBC mortgage?
Rates are subject to change at any time, so make sure you check the HSBC mortgage rates on our price comparison service to make sure you have the correct information before you make any kind of decision.
In essence, the HSBC fixed rate mortgage, which can be arranged for two, three, five or even ten years, will have a higher repayment than the discount or tracker mortgage at the outset. The benefit comes with the peace of mind of knowing that your rate is fixed, so if the Bank of England base rate rises then your HSBC mortgage payment won’t suddenly increase during the fixed term period.
At the end of the fixed-rate period, you can either negotiate another fixed term rate, a new tracker deal or simply revert to the prevailing Standard Variable Rate.
HSBC also offers a range of Tracker mortgages. To give you an idea of what’s available, have a look at our tables .
You should always check the rates carefully and analyse your own personal circumstances. Could you manage if the Bank of England base rate rises substantially in a few months or would you feel safer with a slightly higher fixed rate mortgage? These are the questions you need to answer before stretching yourself to the limit on a mortgage that could then get more expensive.