HSBC 60 % LTV, life time tracker mortgage. Is it still available ?

adindas

I have seen a best buy of HSBC life time tracker for 60% LTV. I have tried to find it today but I could not. Could anyone let me know where could I find it ?

I am not find this by calling HSBC as my personal experience if you call them they are not giving you the best buy. They use an accuse that hey are not giving mortgage advice on the phone.

ess0two

https://mortgages.hsbc.co.uk/product/A001002660000000000000000000-lifetime-tracker-standard

70%LTV?

harvey115

There does not seem to be the 60% LTV Lifetime deal available on their website anymore.

HSBC still has the 2.99 70% LTV which is still very good rate in the market
First Direct has 65% LTV but on 3.29

Go for the 70% LTV for HSBC if you only like to go for HSBC.

PS - HSBC is one of the strictest lenders in the market and they only deal direct with the customers (no middle man involved)

LeafGreen

Have you tried Britannia/Coop?

Current Account Exclusive Lifetime Tracker

60% max ltv

Bank of England Base Rate plus 2.09%, currently 2.59% variable for the life of the mortgage.

The overall cost for comparison is 2.7% APR.

adindas

grahamgoo wrote: »

Have you tried Britannia/Coop?

Current Account Exclusive Lifetime Tracker

60% max ltv

Bank of England Base Rate plus 2.09%, currently 2.59% variable for the life of the mortgage.

The overall cost for comparison is 2.7% APR.

Thank you for posting, that is the best deal I have ever seen for 60% LTV . After checking it from here

http://www.britannia.co.uk/_site/channels/mortgage/products/current-account-lifetime-tracker.html

"This product is available if you are:

• a first time buyer
• moving home
• remortgaging your current property"

I am FTB which could effort 60% LTV of but I am not remortgaging so I am not qualified for this product.

harvey115

you need to be either one from the three options above.

So you qualify in this criteria as you are a first time buyer.

adindas

harvey115 wrote: »

you need to be either one from the three options above.

So you qualify in this criteria as you are a first time buyer.

Thank you for bringing this to my attention.
It does not say either of those criteria, so it could be that we need to meet all of those criteria. But I will check this with Britania and will inform the forum.

marathonic

adindas wrote: »

Thank you for bringing this to my attention.
It does not say either of those criteria, so it could be that we need to meet all of those criteria. But I will check this with Britania and will inform the forum.

No need to check. How could a first time buyer possibly be remortgaging their existing home? It's impossible to be all three......

murphydog999

harvey115 wrote: »

HSBC is one of the strictest lenders in the market and they only deal direct with the customers (no middle man involved)

We've got the HSBC tracker you mention, remortgaged last august at 2.49%, no set up fees, it was unbeatable at the time.

Been to them this morning as we are moving house/maybe rent ours and buy elsewhere, I just wanted available options and possible extra lending amounts, and all I got were negatives. I was informed that if they were strict last year, they are even worse now.

I took business and private bank statements, husbands work contract, loads of other info, but even with our known history it was not even enough to get anything positive out of them at all.

It really is a great product but god they are a pain in the *******

murphydog999

adindas wrote: »

Thank you for posting, that is the best deal I have ever seen for 60% LTV . After checking it from here

http://www.britannia.co.uk/_site/channels/mortgage/products/current-account-lifetime-tracker.html

"This product is available if you are:

• a first time buyer
• moving home
• remortgaging your current property"

I am FTB which could effort 60% LTV of but I am not remortgaging so I am not qualified for this product.

You also need to be a current account holder to qualify.

adindas

harvey115 wrote: »

you need to be either one from the three options above.

So you qualify in this criteria as you are a first time buyer.

marathonic wrote: »

No need to check. How could a first time buyer possibly be remortgaging their existing home? It's impossible to be all three......

Thanks for your information. I called Britannia this afternoon they confirm just either of the above criteria

murphydog999 wrote: »

You also need to be a current account holder to qualify.

For the benefit of all I will mention my conversation this afternoon.
"It is acceptable to have Coop Bank account, so do not need to be Britannia specifically". The reason for this is that because the Mortgage payment need to come from Coop/Britannia bank account cannot be from other banks.

Fortunately I have Coop Bank account so I qualify straight away to apply. But the one who do not have a bank ac with coop or Britannia is dead easy to open a bank ac with them.

Another good news is that there is not any booking fee. HSBC will charge you £599 booking fee.

I do not find any product that could beat this for 60% LTV.