HSBC is set to implement a series of changes to its mortgage product rates effective Tuesday 5th August 2025, with adjustments spanning residential, remortgage, and international categories.
The changes will impact both new applications and rate switches, with many products seeing reductions, particularly across lower loan-to-value (LTV) tiers.
For UK residential first-time buyers and home movers, HSBC is reducing rates on a wide selection of 2-year and 5-year fixed products at 60%, 70%, and 75% LTV.
This includes Fee Saver, Standard, High Value, and Premier Exclusive offerings.
However, some increases are being applied to 5-year fixed products at higher LTVs of 80% and 85%. Specifically, the 5-year Fixed Fee Saver, Fixed Standard, and Fixed Premier Exclusive products at these LTVs will see rate hikes.
Energy-efficient properties rated EPC A or B are also subject to similar rate adjustments.
Most products at 60%–75% LTV are seeing decreases, while rates at 80% and 85% LTV on select 5-year fixed products will rise.
In its UK residential remortgage range, HSBC is lowering rates on multiple 2-year fixed options at 70% and 75% LTV.
This includes Fee Saver, Standard, High Value, and Premier Exclusive products.
The Cashback remortgage range and energy-efficient Cashback remortgage products are also seeing reductions on 2-year fixed rates at 70% and 75% LTV.
For energy-efficient remortgages, both the Fee Saver and Standard products at the same LTV brackets will benefit from rate decreases.
International customers will also see rate reductions. HSBC is cutting rates on 2-year and 5-year fixed products at 70% and 75% LTV across Fee Saver, Standard, and Premier Exclusive categories. A 5-year Fixed Fee Saver is also being reduced at 60% LTV.
To secure products at the current rates before the changes take effect, full applications must be submitted by midnight on Monday 5th August 2025.
Supporting documentation must be received within 30 calendar days of submission, and updates will be reflected in HSBC’s product finder and sourcing systems from Tuesday 5th August.
