Mortgage Advice for First Time Buyers, First Time Buyer Mortgages and First Mortgage Advice

HSBC drops mortgage fees throughout April

04-Apr-2007

HBSC has announced its decision to waive all mortgage fees on new completions until April 30th 2007, which may be of interest to first time home buyers looking to maximise their savings.

Available to both existing and new customers - which may include first time home buyers - the offer is available on the bank's range of mortgages, which includes discounted and fixed-rate options.

"HSBC has a reputation for providing mortgages that are transparently priced and offer real long-term value and we have therefore taken the decision to be the first UK bank to introduce zero fees on all our mortgages," said Rob Chesters, head of mortgages at HSBC.

Among the waived fees include HSBC's usual exit fee, completion charge and booking fee of £499.

To find out about those mortgages specifically aimed at first time buyers, see our best buys for first time buyers table.

HSBC offers a range of products, including current accounts and credit cards.

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Interest rates are low but could rise? Is this a good time to buy?

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Varialbe rate mortgages go up if bank interest rates do. Which is your preference?

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House prices are waivering. Do you think this is a good time to buy?

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Shared equity mortgages allow you to buy a new home with 5% deposit and an equity loan through FirstBuy. What do you think?

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Rent to buy allows you to peg a property price, save towards a deposit and pay reduced rent. What do you think?

Works best in a rising market
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