HSBC Split Loan mortgages?

Ms_Brush

Hi all - just some opinion / general advice pls.

The HSBC split Loan product sounds interesting, but don’t know how good it is.

Situation is:

current HSBC fixed rate @ 5.89% ends in June
Current borrowing £155,000 ish
Current LTV 74% ish (depending on what valuation to believe)

I was planning to stay on SVR (3.94%) for a short while, and overpay for a few months while I decide what to do. However, with uncertainty over election / public finance etc (I work in the NHS) I cant afford too much of a gamble just in case the interest rates rocket or cuts in public spending equates to losing my job.

Question is – is the split loan mortgage worth investigating as a potential option?

Ms_Brush

.... anyone??

Or any other products worth investigating...??

Thanks all

enomis

Any one got an opinion on these yet.