HSBC launches new 10-year fixed-rate mortgage

05-Feb-2007

HSBC has announced the launch of its new ten-year fixed-rate mortgage product, which may be of interest to first time buyers.

Available only through the lender's website, the new ten-year fixed-rate offers first time buyers and repeat purchasers a fixed-rate of 5.49 per cent.

To find out more about this mortgage and other mortgages for first time buyers, click here.

Two, three and five-year fixed-rate options are also available, with an interest rate of 5.89 per cent.

"HSBC has a reputation for providing mortgages that are transparently priced and offer real long-term value," said Rob Chesters, head of mortgages at HSBC.

"Our new mortgage range is highly competitive," he added.

The new fixed-rate mortgages are available from today.

HSBC offers a range of financial products and services, including current accounts and personal loans.

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