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HSBC mortgages with current account

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  • 20vt-rs
    20vt-rs Posts: 739 Forumite
    Part of the Furniture 500 Posts Mortgage-free Glee! Name Dropper
    HSBC lifetime trackers are pretty much up there as the best rates from what I can see, Santander offer one now but that carries a £499 fee. If I had 50% LTV I'd be plumping for this one! I'm on the 70% LTV product which is 2.79% so it's still not that bad!
    Mortgage Free Wannabe Light Bulb Moment (Early 2012, started May 2012)
    Original Mortgage Amount - £147k (Oct 2005) / Term 27 years (To 2032)
    Target to Pay off by 2026 by overpaying - Officially Mortgage Free June 2023!
    Balance Reduction Progress: May12 £128k / Nov13 £120k / Dec15 £107k / Mar18 £87k / Mar21 £46k / Jun22 £28k / Jun23 £0!!

  • Seabee42
    Seabee42 Posts: 448 Forumite
    I dont know the details of your HSBC one but I have a similar product with First Direct and any balance in my current account offsets any mortgage interest so having the account doesnt hurt.
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