HSBC cuts remo rates

Other rates include a 60% LTV 2-year fix at 1.19% and a 90% LTV 5-year fix at 2.88%, both with a £1499 booking fee.

Other mortgages include an 80% LTV 3-year fix at 2.44%, a 60% LTV 5-year fix at 2.19% and a 60% LTV at 1.49%, all with a £999 booking fee.

Tracie Pearce, HSBC’s head of mortgages in the UK, said: “Autumn is typically ‘remortgage season’ amongst homeowners; we have now made it even more compelling to remortgage to HSBC.

“We are continuing to see confidence in the housing market and the Bank of England statistics support that view. With mortgage rates continuing to be extremely low, now is a good time for borrowers to review their existing mortgage arrangements, particularly if they are on a standard variable rate.

"We recently made our mortgages available to more people by expanding our broker partnerships to include London & Country. We are committed to continuing to offer our customers competitive rates to help them achieve their property hopes and dreams.”