Top of main content

Mortgage rates for new purchases

Mortgages for new HSBC customers who are looking to buy their first home, move house, or purchase a new buy-to-let property.

Find the mortgage interest rate that's right for you.

If you're looking to buy your first home, or if you're new to HSBC and want to move house, we offer a range of mortgages designed for you. We also offer a range of buy-to-let mortgage rates for new customers. 

The information in the tables and further information section does not contain all of the details you need to choose a mortgage. We'll provide you with a Mortgage Illustration that you should read carefully before you make a decision to proceed.

Tracker rates include the Bank of England base rate (currently 5.25%).

The following tables show our current rates, effective from 08 February 2024.

Take me straight to 

Mortgage rates

Residential mortgages for new to HSBC customers

We offer a range of mortgage rates for first-time buyers or if you're moving home. 

Residential - Maximum 60% Loan to Value - Maximum Loan Amount £5,000,000
Product Initial interest rate Initial interest rate period Followed by a Variable Rate, currently Booking fee Overall cost for comparison (APR)

2 Year Tracker Standard

6.09% 2 Years 6.99% £999 7.1% APR

2 Year Tracker Premier Standard

6.04% 2 Years 6.99% £999 7.1% APR

2 Year Fixed Fee Saver

5.84% 2 Years (Fixed until 30.04.26) 6.99% £0

6.9% APR

2 Year Fixed Standard

5.64% 2 Years (Fixed until 30.04.26) 6.99% £999

7% APR

2 Year Fixed Premier Fee Saver

5.79% 2 Years (Fixed until 30.04.26) 6.99% £0

6.9% APR

2 Year Fixed Premier Standard

5.59% 2 Years (Fixed until 30.04.26) 6.99% £999

7% APR

3 Year Fixed Fee Saver 5.74% 3 Years (Fixed until 30.04.27) 6.99% £0 6.8% APR
3 Year Fixed Standard 5.54% 3 Years (Fixed until 30.04.27) 6.99% £999

6.8% APR

3 Year Fixed Premier Fee Saver

5.69% 3 Years (Fixed until 30.04.27) 6.99% £0

6.8% APR

3 Year Fixed Premier Standard

5.49% 3 Years (Fixed until 30.04.27) 6.99% £999

6.8% APR

5 Year Fixed Fee Saver

5.44% 5 Years (Fixed until 30.04.29) 6.99% £0

6.4% APR

5 Year Fixed Standard

5.24% 5 Years (Fixed until 30.04.29) 6.99% £999

6.4% APR

5 Year Fixed Premier Fee Saver

5.39% 5 Years (Fixed until 30.04.29) 6.99% £0

6.4% APR

5 Year Fixed Premier Standard

5.19% 5 Years (Fixed until 30.04.29) 6.99% £999

6.4% APR

Residential - Maximum 60% Loan to Value - Maximum Loan Amount £5,000,000
Product

2 Year Tracker Standard

Initial interest rate 6.09%
Initial interest rate period 2 Years
Followed by a Variable Rate, currently 6.99%
Booking fee £999
Overall cost for comparison (APR) 7.1% APR
Product

2 Year Tracker Premier Standard

Initial interest rate 6.04%
Initial interest rate period 2 Years
Followed by a Variable Rate, currently 6.99%
Booking fee £999
Overall cost for comparison (APR) 7.1% APR
Product

2 Year Fixed Fee Saver

Initial interest rate 5.84%
Initial interest rate period 2 Years (Fixed until 30.04.26)
Followed by a Variable Rate, currently 6.99%
Booking fee £0
Overall cost for comparison (APR)

6.9% APR

Product

2 Year Fixed Standard

Initial interest rate 5.64%
Initial interest rate period 2 Years (Fixed until 30.04.26)
Followed by a Variable Rate, currently 6.99%
Booking fee £999
Overall cost for comparison (APR)

7% APR

Product

2 Year Fixed Premier Fee Saver

Initial interest rate 5.79%
Initial interest rate period 2 Years (Fixed until 30.04.26)
Followed by a Variable Rate, currently 6.99%
Booking fee £0
Overall cost for comparison (APR)

6.9% APR

Product

2 Year Fixed Premier Standard

Initial interest rate 5.59%
Initial interest rate period 2 Years (Fixed until 30.04.26)
Followed by a Variable Rate, currently 6.99%
Booking fee £999
Overall cost for comparison (APR)

7% APR

Product 3 Year Fixed Fee Saver
Initial interest rate 5.74%
Initial interest rate period 3 Years (Fixed until 30.04.27)
Followed by a Variable Rate, currently 6.99%
Booking fee £0
Overall cost for comparison (APR) 6.8% APR
Product 3 Year Fixed Standard
Initial interest rate 5.54%
Initial interest rate period 3 Years (Fixed until 30.04.27)
Followed by a Variable Rate, currently 6.99%
Booking fee £999
Overall cost for comparison (APR)

6.8% APR

Product

3 Year Fixed Premier Fee Saver

Initial interest rate 5.69%
Initial interest rate period 3 Years (Fixed until 30.04.27)
Followed by a Variable Rate, currently 6.99%
Booking fee £0
Overall cost for comparison (APR)

6.8% APR

Product

3 Year Fixed Premier Standard

Initial interest rate 5.49%
Initial interest rate period 3 Years (Fixed until 30.04.27)
Followed by a Variable Rate, currently 6.99%
Booking fee £999
Overall cost for comparison (APR)

6.8% APR

Product

5 Year Fixed Fee Saver

Initial interest rate 5.44%
Initial interest rate period 5 Years (Fixed until 30.04.29)
Followed by a Variable Rate, currently 6.99%
Booking fee £0
Overall cost for comparison (APR)

6.4% APR

Product

5 Year Fixed Standard

Initial interest rate 5.24%
Initial interest rate period 5 Years (Fixed until 30.04.29)
Followed by a Variable Rate, currently 6.99%
Booking fee £999
Overall cost for comparison (APR)

6.4% APR

Product

5 Year Fixed Premier Fee Saver

Initial interest rate 5.39%
Initial interest rate period 5 Years (Fixed until 30.04.29)
Followed by a Variable Rate, currently 6.99%
Booking fee £0
Overall cost for comparison (APR)

6.4% APR

Product

5 Year Fixed Premier Standard

Initial interest rate 5.19%
Initial interest rate period 5 Years (Fixed until 30.04.29)
Followed by a Variable Rate, currently 6.99%
Booking fee £999
Overall cost for comparison (APR)

6.4% APR

Buy-to-let mortgage rates

Buy to Let - Maximum 60% Loan to Value - Maximum Loan Amount £2,000,000
Product

Initial interest rate

Initial interest rate period

Followed by a Variable Rate, currently

Booking fee

Overall cost for comparison (APR)

2 Year Tracker Standard

6.29% 2 Years 7.60% £1,999

7.9% APR

2 Year Tracker Premier Standard

6.24% 2 Years 7.60% £1,999

7.9% APR

2 Year Fixed Standard

5.89% 2 Years (Fixed until 30.04.26) 7.60% £1,999

7.8% APR

2 Year Fixed Fee Saver

6.49% 2 Years (Fixed until 30.04.26) 7.60% £0

7.6% APR

2 Year Fixed Premier Standard

5.84% 2 Years (Fixed until 30.04.26) 7.60% £1,999

7.8% APR

2 Year Fixed Premier Fee Saver

6.44% 2 Years (Fixed until 30.04.26) 7.60% £0

7.6% APR

5 Year Fixed Standard

5.59% 5 Years (Fixed until 30.04.29) 7.60% £1,999

7.1% APR

5 Year Fixed Fee Saver

5.99% 5 Years (Fixed until 30.04.29) 7.60% £0

7% APR

5 Year Fixed Premier Standard

5.54% 5 Years (Fixed until 30.04.29) 7.60% £1,999

7.1% APR

5 Year Fixed Premier Fee Saver

5.94% 5 Years (Fixed until 30.04.29) 7.60% £0

7% APR

Buy to Let - Maximum 60% Loan to Value - Maximum Loan Amount £2,000,000
Product

2 Year Tracker Standard

Initial interest rate

6.29%

Initial interest rate period

2 Years

Followed by a Variable Rate, currently

7.60%

Booking fee

£1,999

Overall cost for comparison (APR)

7.9% APR

Product

2 Year Tracker Premier Standard

Initial interest rate

6.24%

Initial interest rate period

2 Years

Followed by a Variable Rate, currently

7.60%

Booking fee

£1,999

Overall cost for comparison (APR)

7.9% APR

Product

2 Year Fixed Standard

Initial interest rate

5.89%

Initial interest rate period

2 Years (Fixed until 30.04.26)

Followed by a Variable Rate, currently

7.60%

Booking fee

£1,999

Overall cost for comparison (APR)

7.8% APR

Product

2 Year Fixed Fee Saver

Initial interest rate

6.49%

Initial interest rate period

2 Years (Fixed until 30.04.26)

Followed by a Variable Rate, currently

7.60%

Booking fee

£0

Overall cost for comparison (APR)

7.6% APR

Product

2 Year Fixed Premier Standard

Initial interest rate

5.84%

Initial interest rate period

2 Years (Fixed until 30.04.26)

Followed by a Variable Rate, currently

7.60%

Booking fee

£1,999

Overall cost for comparison (APR)

7.8% APR

Product

2 Year Fixed Premier Fee Saver

Initial interest rate

6.44%

Initial interest rate period

2 Years (Fixed until 30.04.26)

Followed by a Variable Rate, currently

7.60%

Booking fee

£0

Overall cost for comparison (APR)

7.6% APR

Product

5 Year Fixed Standard

Initial interest rate

5.59%

Initial interest rate period

5 Years (Fixed until 30.04.29)

Followed by a Variable Rate, currently

7.60%

Booking fee

£1,999

Overall cost for comparison (APR)

7.1% APR

Product

5 Year Fixed Fee Saver

Initial interest rate

5.99%

Initial interest rate period

5 Years (Fixed until 30.04.29)

Followed by a Variable Rate, currently

7.60%

Booking fee

£0

Overall cost for comparison (APR)

7% APR

Product

5 Year Fixed Premier Standard

Initial interest rate

5.54%

Initial interest rate period

5 Years (Fixed until 30.04.29)

Followed by a Variable Rate, currently

7.60%

Booking fee

£1,999

Overall cost for comparison (APR)

7.1% APR

Product

5 Year Fixed Premier Fee Saver

Initial interest rate

5.94%

Initial interest rate period

5 Years (Fixed until 30.04.29)

Followed by a Variable Rate, currently

7.60%

Booking fee

£0

Overall cost for comparison (APR)

7% APR

Things you should know

Your property or home may be repossessed if you do not keep up repayments on your mortgage. All mortgages are subject to status and eligibility criteria.

Buy to let mortgages

You should always think carefully before purchasing a buy-to-let property. The value of a property is a matter of opinion and not a matter of fact, not all properties will grow in value or provide sufficient income to cover all your associated costs. You will be responsible for your costs even if you do not have a tenant. Property can also be difficult to sell and you may not be able to sell quickly if you need to do so.

Get a Decision in Principle

The first step to apply for a mortgage is getting a Decision in Principle. This confirms your eligibility and gives you an idea of how much you can borrow. To get your application underway, fill out our form to request a Decision in Principle.

Apply in branch

Prefer to complete your application with one of our team? You’ll need to bring identification, proof of address and a recent bank statement.

Or, book an appointment over the phone on:

03456 00 61 61

Our lines are open 07:00 to 21:00 every day.

You might also be interested in

Use this calculator to get an indication of how much you could borrow based on your income.
This calculator helps to provide an overview of what your repayments could be based on the interest rate, term and repayment type selected.
As part of the mortgage application process, we'll ask you to provide some documents to support your application.
We're here to help you. Find the answers and while you're at it, tell us how we could do better.