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HSBC launches 1.99% mortgage

HSBC is launching a two-year discount rate mortgage at 1.99 per cent

The deal, offered from Monday 15 March, has a booking fee of £999 and is available at a maximum 60 per cent loan-to-value.

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Mortgage age

An Aviva survey has found that 12.5 per cent of homeowners between 65 and 74 still have a mortgage. This is not surprising as there will be a substantial minority of homeowners aged over 65 who can still afford a mortgage or have chosen to take out a lifetime mortgage with interest rolled up. Some […]

Keydata plan bonds default

Lifemark has issued a notice to bondholders declaring that several bonds underpinning Keydata plans have defaulted on income payments. The firm informed bondholders of the development on March 2 and Keydata administrator PricewaterhouseCoopers confirmed it will affect coupon payments for all 23,000 Keydata Lifemark investors, who have around £349m invested. Lifemark suspended income payments to […]

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