HSBC has increased a number of its rates for residential, buy-to-let and international resident mortgages.
The banking heavyweight has also removed its 2-year fixed rate fee saver products at 65% and 75% loan-to-value (LTV) within its buy-to-let existing customer switching and borrowing more ranges.
HSBC has increased the rates on its residential existing customer switching range with its 2-year fixed fee saver at 70%, 75%, 80%, 85% and 90% LTV all having increased.
Numerous changes are also being made across its 2-year and 5-year fixed fee saver and standard ranges. Premier exclusive 5-year 90% rates also increase.
Its residential existing customer borrowing more range also increases along similar lines as does its residential first-time buyer range. The residential remortgage range also sees 60%, 70%, 75%, 80%, 85% and 90% LTV 2- and 5-year products face increases.
The residential home mover range is increased across 2- and 5- year fixed standard between 60% and 95% LTV. Fixed fee savers also increase.
On the buy-to-let purchase range the 5-year fixed fee saver at 60%, 65% and 75% LTV has increased.
The buy-to-let remortgage range across 2- and 5-year fixed rates also face a number of increases along with the international residential new business range.
The full list of changes can be found on the HSBC for Intermediaries website here.
HSBC is just the latest in a number of lenders repricing or pausing business in light of the latest rate increase from the Bank of England.
