HSBC launches its lowest ever fixed rates
HSBC has responded to growing demand for borrowers seeking a fixed rate by launching its lowest ever 2, 5, 7 and 10 year fixed rate mortgages next week.
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HSBC starts 2013 with news for first time buyersHSBC is marking the start of 2013 with new mortgage rates for customers with a 10% deposit.
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HSBC reduces fixed rate mortgagesHSBC has announced a number of rate reductions on its fixed rate mortgages.
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100,000 First time buyers have turned to ‘Bank of Mum and Dad’
A new report written and researched by the Centre for Economics and Business Research (Cebr), on behalf of HSBC, reveals that the ‘bank of mum and dad’ has helped to finance over 100,000 first time buyer (FTB) borrowers between 2008 and 2011.
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UK overseas property buyers’ money currently goes furthest in Orlando, USA, where a £125,000 budget can purchase a four-bedroom home with a large garden and a private pool, compared to a studio apartment in the Swiss Alps, according to the first annual HSBC Overseas Property Report.
HSBC has revealed that it approved more than £10.6 billion in mortgages in the first six months of 2012, helping over 97,000 UK borrowers.
HSBC has launched its lowest ever five year fixed rate mortgage. Borrowers with a 40% deposit or equity will be able to take advantage of a rate of 2.99% fixed for 5 years.
HSBC has revealed that it approved more than 15,000 first time buyer mortgages in the first five months of 2012. (from 1st January and 27th May 2012).
House price growth remains stable across most of the UK, although prices in London are increasing and prices in Northern Ireland are falling.
New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Research commissioned by specialist buy-to-let lender Paragon Mortgages, has shown a significant regional shift in the rental yields achieved by landlords.
