Best for Existing Customers
Major UK bank with competitive fixed-rate and tracker mortgages. Fee-free options available. Strong for existing HSBC customers with preferential rates.
HSBC is consistently among the most competitively priced mainstream mortgage lenders, particularly at lower loan-to-value bands where it targets borrowers with substantial equity or deposits.
The trade-off is that its criteria are relatively strict. HSBC prices sharply and selects carefully.
Who it suits. Borrowers with straightforward employment, clean credit files and a decent deposit. If you tick those boxes, HSBC frequently offers among the best available rates.
Worth knowing. Applications with anything unusual — recent self-employment, variable income, adverse credit — tend to fare better elsewhere. A broker will tell you quickly whether your case fits.