New Lower Rate for Mortgages ; Hsbc Starts to Unlock Cash: More Lenders Could Follow Suit

Summary


A BANK today introduced its lowest mortgage rate in a move which could trigger a series of cheaper deals.

HSBC, one of Britain's biggest lenders, is offering homeowners a two-year discount rate of 2.99 per cent.

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Extract


New Lower Rate for Mortgages ; Hsbc Starts to Unlock Cash: More Lenders Could Follow Suit

It comes after pressure on the high street banks to reduce rates and rel...

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