Over two thirds of first direct and over 40% of HSBC customers who received overdraft text alerts¹ have avoided fees by crediting their account the same day, following the introduction of a new overdraft charging structure last month. Changes to overdrafts include simplified charges and text alerts if customers spend over their limit...
Families hoping to be frugal this Christmas can enjoy the festive day for just over £100. This may be worth thinking about if you feel the same as the one in ten UK consumers* who say they are still paying off their Christmas bill weeks (11%) or even months (10%) later. According to research by HSBC, using basic and budget ranges...
HSBC has responded to growing demand from customers seeking a fixed rate mortgage by offering its lowest ever five-year fixed rate of 2.48%. From Monday 1 December 2014, borrowers with a 40% deposit or equity can secure the rate for a fee of £999. This offering is the latest in a series of market-leading products from HSBC, including its 0.99% two...
HSBC has been announced as Corporate Supporter of the Year for their work with Tomorrow’s People, a national employment charity that helps those facing the biggest barriers to employment to get and break the cycle of unemployment. They received the award at a ceremony held at the Jumeirah Carlton Hotel in Knightsbridge on Thursday 27 November.
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.