HSBC has cut the rates for over 120 mortgage products across all loan to value (LTV) tiers in its range of two, three and five-year fixed rates by up to 0.21 percentage points.

Rate changes have been applied to its existing customer, first-time buyer, home mover, remortgage and international residential ranges.

In its existing customer range, its five-year fixed rate with £999 fee at 60 per cent LTV has fallen by 0.05 percentage points to 3.84 per cent.

Its five-year fixed rate with no fee has gone down by 0.05 percentage points to 3.94 per cent, whilst its two-year fixed rate with £999 fee has decreased by the same to 4.24 per cent.

Home mover

On the home mover side, its two-year fixed rate with no fee and £250 cashback at 90 per cent LTV has been reduced to 5.19 per cent. Its 85 per cent LTV equivalent has fallen to 4.88 per cent.

The lender’s five-year fixed rate at 90 per cent LTV with £999 fee has gone down to 4.44 per cent. The bank’s 85 per cent LTV equivalent has decreased 0.05 percentage points to 4.24 per cent.

Its five-year fixed rate at 60 per cent with £999 fee has been reduced to 3.98 per cent.

Remortgage

On its remortgage side, its five-year fixed rate at 60 per cent LTV with £999 fee has fallen by 0.06 percentage points to 3.93 per cent. The fee-saver equivalent is down 0.11 percentage points to 4.03 per cent.

Its five-year fixed rate at 75 per cent LTV with £999 fee has decreased to 3.98 per cent, and its two-year fixed rate at 60 per cent LTV with £999 fee has fallen to 4.28 per cent.

Buy to let

The lender’s buy-to-let standard variable rate (SVR) has increased from 6.85 per cent to 7.10 per cent. Its residential SVR remains unchanged.