HSBC Term BBR + 2.24% LTV 60% Special Direct Mortgage Features & Benefits
(currently displaying summary information only)| Feature / Benefit | Summary | Details | Rating out of 5 | ||
|---|---|---|---|---|---|
| Application Criteria: | |||||
| Available in Branch Only |  | no | not just available in branch. | ||
| Existing Customers Only | | no | This mortgage is not just available to existing customers | ||
| Existing Borrowers Only | | no | This mortgage is not just available to existing borrowers. | ||
| Remortgage Only | | no | This is not just available for remortgages. | ||
| First Time Buyers Only | | no | This mortgage is not just available to first time buyers. | ||
| Available Via a Broker Only | | no | Available direct. | ||
| Available Direct | | yes | This product is available direct from the provider. | ||
| Rates: | |||||
| Initial Rate APR | | 2.49% | 2.49% |  | |
| Initial Rate End Date | | term | term | ||
| Initial Rate Type | | tracker | tracker | ||
| Tracker Loading on Lender's Base Rate or SVR | | 1.99% | 1.99% | ||
| Lender's Base Rate or SVR for Trackers | | 0.5% | Bank Base Rate of 0.50% | ||
| Final Rate | | 2.49% | The standard variable rate is 2.49% | | |
| Mortgage APR | | 2.6% | 2.6% | | |
| Frequency of Interest Calculations | | daily | Interest is calculated daily | ||
| Tie-in Period After Rate | | 0 years | Not applicable. | ||
| Suitability: | |||||
| Mortgage Type | | Standard | Standard | ||
| Repayment Mortgage | | yes | Yes | ||
| Interest Only Mortgage | | no | No | ||
| Endowment Mortgage | | yes | Only existing Endowments. Maximum 80% LTV | ||
| Maximum LTV | | 60% | The Maximum LTV is 60% |  | |
| Maximum Loan | | £0 | There is no maximum loan. |  | |
| House Purchase Max LTV | | 60% | The maximum loan to value house purchase is 60% LTV 60% to no maximum | | |
| Remortgage | | yes | This product is available for remortgages. | ||
| Remortgage Max LTV | | 60% | The maximum loan to value for remortgage is 60% LTV 60% to no maximum | | |
| First Time Buyers | | yes | This product is available to first time buyers. | ||
| First Time Buyer Max LTV | | 60% | The maximum loan to value for first time buyers is 60% LTV 60% to no maximum | | |
| Existing Borrowers Moving Home | | yes | This product is available to existing borrowers moving home. | ||
| Existing Borrowers Not Moving Home | | yes | This product is available to existing borrowers not moving home. | ||
| Homemover | | yes | This product is available to homemovers. | ||
| Shared Ownership | | yes | This product is available for shared ownership. | ||
| Shared Ownership Max LTV | | 60% | The maximum loan to value shared ownership 60% LTV 60% to no maximum | | |
| Right to Buy | | yes | This product is available for right to buys. | ||
| Right to Buy Max LTV | | 100% | The maximum loan to value Right to Buys against Purchase Price 100% LTV 100% to £399,999 LTV 80% to £1,000,000 LTV 60% to no maximum | | |
| Shared Equity | | no | This product is not available for shared equity schemes. | ||
| Restrictions: | |||||
| Maximum Term | | 30 years | Maximum term of 30 years. Capital Repayment/Interest Only - 30 years. Interest Only/Pension - 40 years. | ||
| Minimum Term | | 0 years | There is no minimum term. | ||
| Incentives: | |||||
| Legal Fees Contribution | | yes | Free legal fees incentive offered for remortgages. | ||
| No Higher Lending Charge | | yes | No higher lending charge payable. | ||
| Facilities: | |||||
| Portable Mortgage | | yes | The product is portable. | ||
| Flexible Payments | | yes | Flexible option available. | ||
| Overpayments Available | | yes | Unlimited overpayments allowed without charge. | ||
| Payment Holiday | | no | No Payment Holiday facility available | ||
| Fees & Charges: | |||||
| Application Fee £ | | £999 | £999 booking fee payable up front. | | |
| Application Fee Added to Loan | | no | Fee is payable up front and cannot be added to the loan. | ||
| Early Repayment Charge | | no | There is no early redemption charge payable. | ||
Apply for this mortgage: | |||||
