68% of mortgage borrowers (3 million) on an SVR could remortgage to a lower rate Typical borrower on an average SVR of 4.99% could save over £3,000 in interest in the first year Almost 400,000 mortgage holders are trapped in their current deal Analysis by HSBC reveals that 4.3 million mortgage borrowers, representing 39% of the total mortgage market...
UK one of the top destinations to find long term love, but doesn’t rank highly as an overall expat destination British expats that head abroad favour Australia, Canada and New Zealand Love is in the air for expats who move to the United Kingdom, as half (50%) say they’ve found long term love since relocating...
HSBC will launch its lowest ever mortgage rate on Monday 20th October. Borrowers with 40% deposit or equity will be able to take advantage of a rate of 0.99% - a 2.95% discount off HSBC’s Standard Variable Rate (SVR).
HSBC has approved over £1bn of mortgages online in the first seven months of the introduction of its end-to-end online application process. HSBC is the only bank to offer a completely paperless end to end mortgage application which it launched in March this year. This has made applying for mortgages quicker, easier and more convenient...
From today, HSBC will start to offer its mortgages through a broker. This new service will provide residential mortgages for properties around the UK, and will be run in partnership with Countrywide Mortgage Services. It will continue to be HSBC’s responsibility to assess customers’ affordability.
Education has never been more expensive, or more highly valued. The average cost of a university undergraduate education for an international student in the USA is over USD36,000 a year. At USD42,000 a year, Australia – a hugely popular destination for Asian students – is the most expensive option.
Almost half (43%) of UK landlords only have one buy-to-let (BTL) property, yet of these, 43% plan to expand their portfolio, according to research from HSBC. The most popular choice for a second BTL property is a two-bedroom flat (24%) that requires no renovation (65%), with only 38% of landlords prepared to take on the challenge of a fixer-upper.
No up-front booking or standard valuation fee - A competitive range of 2, 3 & 5 year fixed rates - Access to free standard legal fees for all remortgages From 1st September 2014, HSBC is offering a new range of low- rate remortgage products with no up-front fees. Customers moving their mortgage to HSBC face no booking fee...
HSBC announces that from 10 November 2014 it will be offering a new Advance bank account which will have no monthly account fee. In addition, over 1.3 million existing HSBC bank account holders, who pay a minimum of £1,750 into their account each month, will be automatically upgraded to the new Advance account.
HSBC announces that from November 2014 it is changing the way it charges HSBC and first direct customers for overdrafts that are not pre-arranged (“informal”). A new text service will also help them stay on top of their finances and avoid paying the charges. However...