It’s officially the lowest ever deal, and it’s being offered by HSBC, the 2 year fixed rate mortgage is fixed at 0.99%!
In light of the Brexit and so much uncertainty, it’s inevitable that change is on the horizon however it doesn’t all have to be bad news and HSBC’s mortgage deal is the proof. This month it was also announced again that interest rates would be held at 0.5%.
HSBC is the first lender to drop their fixed rate mortgages below the 1% threshold and it is officially the lowest fixed rate mortgage on offer since Moneyfacts records began in 1988.
Of course, like any mortgage you will need to meet the criteria including having a significant deposit or equity in your existing home but the deal is open to all First Time Buyers, home movers and those looking to remortgage.
If you don’t quite meet the criteria however, there are still plenty of deals available on the market. Speak to us and we can help. We search the markets to ensure that you get the right mortgage for you and your circumstances and we’re with you every step of the way. Why not get in touch today and see how we can assist you.