Return of the Fixed Rate below 4% mortgage is back – whoop!

Did you know that HSBC has repriced its 5-year fixed rate at 3.99%? This is great news!

Especially for those of you who may be looking to re-mortgage who are looking to borrow up to 60% of the property’s value. It means you can fix your monthly home loan costs at a level below the BoE (Bank of England) base rate, which rose to 4% last Thursday.

In fact, most lenders over the past couple of months lenders have been gradually reducing the cost of their new fixes.

You could say that there is a bit of a “price war” between lenders, with lower rates appearing daily. Lenders want your business, and we are experiencing a bid to give you the best deal!

To find out more just reach out, our consultations are free!

Article written: 13/02/2023.

Please be aware the details of this article are appropriate from the time it was written, therefore any information given after this date may have changed.

Be aware that if you are unable to keep up your mortgage repayments you may lose your home. We are professional mortgage brokers with a joint knowledge of 75 years. If you have any mortgage-related questions, feel free to drop us a line at:

#remortgage #mortage #property #interestrates

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