HSBC launches 90pc LTV deal at 3.84pc

It has also launched a lifetime tracker with a current pay rate of 2.89% available at up to 60% LTV, and a 5-year fixed rate deal at 3.28% available at up to 60% LTV.

Peter Dockar, head of mortgages at HSBC, said: ‘We are committed to supporting first-time buyers and last month we pledged to make a further £350m available to borrowers with equity or a deposit of 10-15% by the end of the year.

“We recognise that first-time buyers need help so as well as great rates with no fee options we offer our customers a free mortgage advice service in branch to help them get the right deal for them.”