When will HSBC reflect the base rate cut in their tracker mortgages?

bigtired24

Hi,

I have a base rate tracker mortgage of base + 0.48%. Does anyone know when HSBC will reduce my rate from 5.48% to 4.98%?

Thanks

Justin

freebo_2

Not sure about HSBC but Nationwide do it on the 1st of the following month.

PhilDS

My tracker mortgage is just about to start with HSBC. I was told, and I checked my docs, that the rate changes the next day. Let the good times roll!:p

manikm

PhilDS wrote: »

My tracker mortgage is just about to start with HSBC. I was told, and I checked my docs, that the rate changes the next day. Let the good times roll!:p

LOL!

im waiting for mine to start (its all going through - hopefully)

used to be on a 0.00 above base rate with RBS (i.e 4.5%) - but had to remortgage - went for the lifetime tracker with HSBC.

so i'll still be paying more than i was, but not much more. (5.29%)

Sun

HSBC changes its tracker rate next day of BOE rate change...w.e.f. today.