HSBC has revealed a series of rate reductions across its BTL mortgage products which will come into effect on Monday 6th January.
The five-year fixed-fee saver at 60% LTV for current BTL customers switching mortgage plans or borrowing more is decreasing.
HSBC's BTL remortgage rates for two-year and five-year fixed-fee saver plans, standard plans, and standard plans with a £3,999 fee at 60%, 65%, and 75% LTV are reducing.
The bank is also slashing its international BTL rates for the two-year fixed saver at 60%, 65%, and 75% LTV; two-year fixed standard at 65% and 75% LTV; and five-year fixed saver at 65% and 75% LTV.