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HSBC – 2-Year Discount Fee-Free Special – Direct

HSBC – 2-Year Discount Fee-Free Special – Direct

Type: Discounted-rate mortgage

Discounted term: Until January 31, 2014

Discount: 0.1%

Payable rate: 3.84%

Minimum loan: £10,000

Maximum loan: Up to 90% of valuation subject to a maximum of £400,000

Income multiples: Based on affordability

Conditions: Free valuation, free legal fees for remortgages

Flexible features: Overpayments of up to 20% a month, interest calculated daily

Arrangement fee: None

Redemption fee: 2% of the amount repaid in year one, 1% in year two

Introducer’s fee: None

Contact: www.hsbc.com

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