HSBC Offers 90% LTV Mortgage at Under 4%

HSBC makes it easier for UK first-time buyers to get a mortgage as it introduces an all new 90% LTV loan at 3.84%.

Recently, on November 24th one of the leading UK lenders - HSBC bank - slashed down the interest rate on its 90% loan-to-value (LTV) mortgage to attract new customers.

Now, UK forst-time buyers with 10% deposit can get a 2-year fixed mortgage loan at as low as 3.84%. Moreover, this mortgage has no fees.

According to HSBC, this is currently the only 90% loan-to-value mortgage in the UK available for under 4%. The bank also offers first-time buyers wil low deposits a number of cheap 3- and 5-year fixed mortgage loans.

Commenting on the bank's move, Peter Dockar of HSBC mortgages department, said: "We recognise that first-time buyers need help so as well as great rates with no fee options, we offer our customers a free mortgage advice service in branch to help them get the right deal for them."

To learn more about the mortgage loans from HSBC, please, contact the lender via the telephone, over the Internet or in person.

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