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MSE News: HSBC launches record low 1.49% mortgage
Former_MSE_Helen
Posts: 2,382 Forumite
"HSBC has launched the lowest ever two-year fixed-rate mortgage at 1.49%, but you'll need a hefty deposit to get it..."
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HSBC launches record low 1.49% mortgage
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HSBC launches record low 1.49% mortgage
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
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Comments
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You really need to include fees in your calculations before deciding to run an advert for HSBC.0
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You really need to include fees in your calculations before deciding to run an advert for HSBC.
What calculations?
in any case, the article clearly states
"But borrowers need a hefty 40% deposit and a £1,999 fee to qualify, which highlights the importance of always taking the fee into account, "0 -
What calculations?
in any case, the article clearly states
"But borrowers need a hefty 40% deposit and a £1,999 fee to qualify, which highlights the importance of always taking the fee into account, "
Yet the headline as used in links is just "HSBC launches record low 1.49% mortgage".
How about a better headline "HSBC charge heavy fees for mortgage"
or perhaps
"HSBC announce £1999 fees on their new mortgage product"
By calculations, I meant comparing deals - it could be better to pay higher interest and zero\low fee.0 -
totally right Mobeer , maybe we should be highlighting the crazy fees they charge instead of the good looking 1.49%
Not so good when you consider its only 2 years............0 -
Sounds like an Election Special.
The new governor at the BOE promises no increase in bank rate till the next election (2015, more or less), so the bank has little upside risk. When the election is finished with the Tories safely in power, Carney will raise the BOE rate quick, becomes universally hated and then runs away with a fat golden handshake. I think he said he is expecting to leave the job in three years?
The two year fix ends just as the SVR shoots up.
It's what I used to do in SimCity, but with taxes.0 -
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