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Secure New HSBC Rate

Latest HSBC Mortgage Rates For Existing Customers

Below we have outlined HSBC mortgage rates for existing customers who are looking to switch their rate when the term on their current mortgage product ends. Securing a new fixed rate for your mortgage ensures you do not make repayments on a standard variable rate (SVR) which is more expensive.

Switching your HSBC Mortgage

HSBC mortgage customers can secure a new fixed or tracker mortgage rate up to 180 days before their current rate is due to end

Where the new mortgage product includes a fee, this can be added to the total of your loan if required. Although interest will be applied to the fee when added to the mortgage there is no initial upfront cost.

HSBC use an automated valuation model to determine the value of your property, making it easier and quicker for you to switch your rate without the need for a new property valuation.

HSBC Existing Customers Mortgage Rates – 60% LTV

TypeRateFee Max LTV
2 Year Fixed4.78%£99960%
2 Year Fixed4.99%£060%
3 Year Fixed4.54%£99960%
3 Year Fixed4.74%£060%
5 Year Fixed4.36%£1,49960%
5 Year Fixed4.39%£99960%
5 Year Fixed4.58%£060%
2 Year Tracker5.39%£99960%
2 Year Tracker6.09%£060%
TypeRateFee Max LTV
2 Year Fixed4.78%£99960%
2 Year Fixed4.99%£060%
TypeRateFee Max LTV
3 Year Fixed4.54%£99960%
3 Year Fixed4.74%£060%
TypeRateFee Max LTV
5 Year Fixed4.36%£1,49960%
5 Year Fixed4.39%£99960%
5 Year Fixed4.58%£060%

HSBC mortgage rates for existing customers as of May 17, 2024

HSBC Existing Customers Mortgage Rates – 75% LTV

TypeRateFee Max LTV
2 Year Fixed4.88%£99960%
2 Year Fixed5.08%£060%
3 Year Fixed4.66%£99960%
3 Year Fixed4.94%£060%
5 Year Fixed4.50%£1,49960%
5 Year Fixed4.53%£99960%
5 Year Fixed4.69%£060%
2 Year Tracker5.49%£99960%
2 Year Tracker6.09%£060%
TypeRateFee Max LTV
2 Year Fixed4.898%£99960%
2 Year Fixed5.08%£060%
TypeRateFee Max LTV
3 Year Fixed4.66%£99960%
3 Year Fixed4.94%£060%
TypeRateFee Max LTV
5 Year Fixed4.50%£1,49960%
5 Year Fixed4.53%£99960%
5 Year Fixed4.69%£060%

HSBC mortgage rates for existing customers as of May 17, 2024

HSBC Existing Customers Mortgage Rates – 85% LTV

TypeRateFee Max LTV
2 Year Fixed5.08%£99960%
2 Year Fixed5.33%£060%
3 Year Fixed4.87%£99960%
3 Year Fixed5.18%£060%
5 Year Fixed4.66%£1,49960%
5 Year Fixed4.69%£99960%
5 Year Fixed4.83%£060%
2 Year Tracker5.69%£99960%
2 Year Tracker6.34%£060%
TypeRateFee Max LTV
2 Year Fixed5.08%£99960%
2 Year Fixed5.33%£060%
TypeRateFee Max LTV
3 Year Fixed4.87%£99960%
3 Year Fixed5.18%£060%
TypeRateFee Max LTV
5 Year Fixed4.66%£1,49960%
5 Year Fixed4.69%£99960%
5 Year Fixed4.83%£060%

HSBC mortgage rates for existing customers as of May 17, 2024

HSBC Existing Customers Mortgage Rates – 90% LTV

TypeRateFee Max LTV
2 Year Fixed5.23%£99960%
2 Year Fixed5.57%£060%
3 Year Fixed5.13%£99960%
3 Year Fixed5.41%£060%
5 Year Fixed4.80%£1,49960%
5 Year Fixed4.83%£99960%
5 Year Fixed4.93%£060%
2 Year Tracker5.69%£99960%
2 Year Tracker6.34%£060%
TypeRateFee Max LTV
2 Year Fixed5.23%£99960%
2 Year Fixed5.57%£060%
TypeRateFee Max LTV
3 Year Fixed5.13%£99960%
3 Year Fixed5.41%£060%
TypeRateFee Max LTV
5 Year Fixed4.80%£1,49960%
5 Year Fixed4.83%£99960%
5 Year Fixed4.93%£060%

HSBC mortgage rates for existing customers as of May 17, 2024

Eligibility to switch mortgage rate with HSBC

To be eligible to switch your mortgage rate with HSBC you cannot be in a position where

  • You are in arrears
  • You have consent to let on the property (residential customers)
  • You have more than six loans parts
  • There are more than two applicants
  • You have less than two mortgage payments left

For more information on eligibility, visit our page on HSBC Mortgage Criteria.

HSBC Five-Year Buy to Let Fixed Mortgage Rates for Existing Customers

HSBC mortgage rates existing customers as of May 17, 2024

TypeRateUntilFeeLTV
5-year Fixed BTL4.68%31/07/29£060%
5-year Fixed BTL4.42%31/07/29£1,99960%
5-year Fixed BTL4.79%31/07/29£075%
5 year Fixed BTL4.55%31/07/29£1,99975%

HSBC Two-Year Buy to Let Fixed Mortgage Rates for Existing Customers

HSBC mortgage rates existing customers as of May 17, 2024

TypeRateUntilFeeLTV
2 year Fixed BTL5.29%31/07/26£060%
2 year Fixed BTL4.69%31/07/26£1,99960%
2 year Fixed BTL5.39%31/07/26£075%
2 year Fixed BTL4.90%31/07/26£1,99975%

HSBC Product Transfer Rates – Early Repayment Charges

Product & TermPeriodChargesEnd Date
2 Year Fixed13% until 31/07/2531/07/26
22% until 31/07/26
3 Year Fixed14% until 31/07/2531/07/27
23% until 31/07/26
32% until 31/07/27
5 Year Fixed14% until 31/07/2631/07/29
23% until 31/07/27
32% until 31/07/28
41% until 31/07/29
2 Year Tracker10.75% until 31/07/2531/07/26
20.50% until 31/07/26

Overpayment allowances

As a concession, HSBC allows overpayments each year of up to 10% of your outstanding balance without early repayment charges.
This anniversary date for the annual allowance is reset when a new rate is applied to your loan.
If you intend to make regular or lump sum overpayments, first check with the lender that you will be within your overpayment limits.

Can I port my HSBC Mortgage?

Yes, you can port your HSBC mortgage to a new property provided:

  • you have at least six months left to run on your current HSBC mortgage rate
  • your existing HSBC mortgage is repaid simultaneously with the drawdown of the new HSBC mortgage



You cannot port your HSBC mortgage where:-

  • your mortgage account is in arrears
  • there are more than two applicants
  • there is an HSBC product switch application in process
  • there is a marital dispute

For more information, see our porting a mortgage page.

Can I borrow more on my HSBC mortgage?

Yes, it is possible to borrow more on your HSBC mortgage. HSBC offer additional borrowing for many reasons including home improvements, debt consolidation, and buying other property. They will not lend for investment (buy to let purchase acceptable) or business purposes.

The minimum extra amount you can borrow from HSBC is £10,000. The new total borrowing from HSBC cannot exceed 90% of your property value.

There are some situations where you cannot borrow more on your HSBC mortgage, these include:

  • to pay off a second charge secured against the same property
  • for land purchase where the land is adjacent to the property
  • to extend the leasehold on the flat or maisonette
  • where any mortgage account is in arrears
  • if there are more than two applicants
  • debt consolidation above £50,000 unless you are an HSBC bank account holder
  • if additional borrowing has already been taken within the last six months
  • any account with consent to let granted
  • when there is a marital dispute

Overpaying your HSBC mortgage

As with all mortgages if you have the income or capital to overpay your mortgage it is always a good idea to do so. This reduces the interest cost on your mortgage over the long term and benefits you financially.

Many mortgage products with HSBC will have early redemption charges which restrict how much you can overpay on your mortgage. Exceeding those restrictions could lead to a charge.

However, HSBC fixed and discount mortgages have an annual overpayment allowance equivalent to 10% of the mortgage balance at drawdown (or start of a new rate if you’ve done a rate switch). If for example you originally borrowed £200,000, you can overpay by up to £20,000 in each 12-month period without penalty. The 12-month window is reset on each anniversary of the original drawdown.

Overpayments can be made in lump sums or by increasing your monthly direct debit payment.

When making large overpayments you should always contact HSBC first to check you are working within your limits.

As HSBC charge interest on your mortgage daily, the moment you make an overpayment you will start to benefit from an interest reduction.