HSBC unveils record low mortgage interest rate

High street lender HSBC has launched a mortgage with its lowest ever interest rate.

The rate, which will take effect on 6th February, is just 2.99%.

The standard variable rate will also decrease in February to 3.94%.

The new deal may give hope to property owners struggling to afford expensive remortgage deals.

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One Response to “HSBC unveils record low mortgage interest rate”

  1. Tim Says:

    You know, that’s pretty good. Even my base-rate-linked tracker isn’t that far behind.

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