Wish you could extend your fixed rate mortgage?
New to HSBC customers call 0800 169 6333†
We recognise that this is a difficult time for many homeowners, which is why we've introduced our unique HSBC Rate Matcher to help you through.
Switch from your current lender to Rate Matcher and we'll match or better your current fixed mortgage rate for a new 2-year fixed term.
Rate Matcher – the essentials
- The Rate Matcher offer is available to new customers who have come to the end of a fixed rate mortgage after 1 January 2008 or are due to do so by 31 August 2008
- The HSBC Rate Matcher Offer is a 2-year fixed rate product and guarantees to match or better your existing fixed rate of 4.54% or above. The overall cost for comparison is 6.3% APR. The actual rate available will depend on your individual circumstances. Ask for a personalised illustration.
- The maximum loan size is £250,000 and up to a maximum of 80% Loan To Value (LTV)
- An up-front booking fee of between £599-£4999 will apply
- The booking fee will vary depending on your current interest rate, and the amount of your loan
- An Early Repayment Charge will apply during the fixed rate period
- Applications for the Rate Matcher offer must be submitted between 14 April and 29 June 2008
- Please note that your existing fixed rate product may be subject to an Early Repayment Charge and/or Exit Fees charged by your existing lender.
- Rate matcher is subject to credit status and we reserve the right to decline your application if you are in arrears or have missed any mortgage payments.
- If your current fixed rate mortgage amount exceeds £250,000, then Rate Matcher will not apply. Similarly if the fee required to maintain the same rate exceeds £4,999, then we are unable to offer you this service.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Rate Matcher example
Here is an example of how the Rate Matcher can work – Loan balance of £125,000:
| Standard Offer | Booking Fee | Rate | Then our HSBC variable rate for the rest of the term | Overall cost for Comparison |
|---|---|---|---|---|
| 2 Year Fixed | £1,399 | 4.89% | Currently 6.25% | 6.3% APR |
The actual rate available will depend on your individual circumstances.
Please ask for a personalised illustration.
How can I find out what my personal Rate Matcher offer is?
For a personalised quote new remortgage customers should contact us on
0800 169 6333 8am - 10pm, 7 days a week. Or visit your local branch
Important information
- HSBC loans are subject to security and credit status. A first charge will be taken over the property.
- The Rate Matcher offer is only available on 2 year fixed rate products, and not on our Tracker, HomeStart, Buy to Let or Mortgage Specials.
- Preferential rates for Premier and Plus customers do not apply to this offer.
- HSBC reserves the right to withdraw or extend this Rate Matcher offer at any time.
Rate Matcher not for you? We have an extensive range of mortgages available, some with and some without booking fees. See our other mortgages available for remortgage customers.
Alternatively, speak to our mortgage specialists for more information.
Call us on 0800 169 6333, 8am-10 pm, 7 days a week, or textphone
1800 10800 028 0126.†
†Lines are open 8am-10pm 7 days a week. (except Christmas Day, Boxing Day and New Year's Day).
