HSBC Mortgage Comparison Calculator

Compare the best mortgage deals to HSBC using our comparison calculator below. Best rates for mortgage finance products.

HSBC is one of the world’s largest banking and financial service organisations. Founded in 1865 to finance trade between Asia and the West, HSBC has grown to become a global banking powerhouse with more than 38 million customers. According to the bank, its purpose is to “enable businesses to thrive and economies to prosper, helping people fulfil their hopes and dreams and realise their ambitions.

Mortgage loans by HSBC

A mortgage is a massive financial commitment, so you need to know how much it’s going to cost. The most convenient way to find this out is to use an online mortgage calculator, which allows you to figure out exactly what your payments are going to be, regardless ofwhetherf you are applying for a buy-to-let mortgage, remortgaging, moving house, or acting as a first-time buyer.

Buy-to-let mortgages from HSBC

When you get a buy-to-let mortgage through HSBC, you will enjoy a number of benefits that other lenders may not be able to offer you. These include great rates that will lower your monthly payment, low booking fees, and tracker and fixed rates that are available. By customising your buy-to-let mortgage to really meet your needs, you can be sure that you won’t have to worry about the future of your mortgage.

At HSBC, the lending professionals will talk to you about your needs, the property, and what kind of income you expect from it. They offer LTVs of up to 75%, but they do have a maximum lending limit on how much you are allowed to borrow. Additionally, be prepared to pay charges from the lender, as well as some legal fees.

It’s easy to apply for your new mortgage from HSBC. Your first step is to get a decision in principle, which can occur online, in the branch, or over the phone. Your second step is to make a mortgage application.

Help-to-buy loans from HSBC

The government-backed Help to Buy equity loan scheme is a great option for first-time buyers who may struggle to raise the necessary funds to get on the property ladder. Successful applicants are offered a loan worth 20% of the value of the property, on the condition that they are able to put up a deposit of 5%. This means that the resulting mortgage required needs to cover just 75% of the property’s value and is therefore much easier to obtain.

For the time being, however, HSBC does not participate in the Help to Buy scheme.

Commercial mortgages from HSBC

Business mortgages, also called commercial mortgages for owner-occupiers, are designed for individuals re-mortgaging or buying a property to be used as premises for a business. Business mortgages are also available on a mixed-use property.

Commercial mortgages can be used for three purposes:

  • Owner-occupied: Commercial mortgages for owner-occupiers are normally for two business situations: either a company is planning to buy the property where it operates, or it wants to purchase a new building to relocate to.
  • Residential buy-to-let: Another common scenario for commercial mortgages is the purchase of residential property to be let out. This is normally used by landlords, along with buy-to-let limited companies set up for the very same purpose.
  • Commercial buy-to-let: Much like the above, you could use commercial mortgages for commercial buy-to-lets as well. As an example, you may want to buy a storage facility through your company and let it out. Although this mortgage resembles a residential buy-to-let, the loan provider will look at different factors since, in general, it’s more difficult to lease commercial property.

Mortgage calculator

If you are concerned about the affordability of your repayments, a mortgage calculator can help you find out the exact figures. Most mortgage calculators are extremely straightforward to use, and within a matter of seconds, you’ll know how much the payments are going to be based on the mortgage term, the rate of interest, and how much you will have to borrow.

This useful tool, also known as a remortgage calculator or APR calculator, works for various mortgage types, from first-time buyer mortgages to buy-to-let mortgages. Be sure you are aware that these results only offer a quick indication of how much the repayments might be.

Let our AI software compare rates for mortgage products against high-street banks and other institutions:

Main Stream Banks
Barclays Halifax
HSBC Lloyds Bank
Martin Lewis Nationwide
NatWest Post Office
RBS Santander
Shawbrook Bank Skipton Building Society
Tesco Together Money
UK Bridging Loans Yorkshire Bank