What types of mortgages does HSBC (UK) offer?

HSBC (UK) offers a variety of mortgage options to cater to different needs and financial situations. One of the primary types of mortgages is the fixed-rate mortgage, which allows borrowers to lock in a specific interest rate for a set period, typically ranging from two to five years. This option provides stability in monthly payments as the interest rate does not change during the fixed term. Another popular choice is the variable-rate mortgage, where the interest rate may fluctuate in line with market rates. Within this category, HSBC also provides tracker mortgages, which track the Bank of England base rate, typically offering lower initial interest rates. For first-time buyers, HSBC (UK) has specific products designed to support those entering the property market. These may include lower deposit requirements and assistance through government schemes, such as the Help to Buy mortgage guarantee scheme, where applicable. Additionally, HSBC offers buy-to-let mortgages for those looking to invest in rental properties. These loans often have different eligibility criteria and interest rates compared to standard residential mortgages. Each mortgage option has specific terms and conditions, so it is advisable for potential borrowers to review all available choices and compare them carefully. Detailed information can be found on HSBC's website, including up-to-date interest rates and application processes.