HSBC Buy to Let Mortgages

To be able to borrow on a a buy to let mortgage basis from HSBC, you must meet certain eligibility criteria:

• HSBC buy to let mortgages are only available to individuals who are already HSBC Premier customers
• The property has to be situated in the UK
• £25,000 is the minimum loan amount
• £500,000 is the maximum loan amount
• 75% is the maximum loan to value ratio available
• A professional valuation is required prior to agreeing to a buy to let mortgage
• All properties with HSBC mortgages must be under the Assured Shorthold Tenancies (ASTs) or Company Lets
• The maximum mortgage plan is 15 years for plans of interest only and for capital investment the maximum is 25 years

For advice on buy to let mortgages use our advice service - see link above.

For a selection of buy to let mortgage deals from other providers see below:

HSBC offer two types of buy to let mortgage:

• A fixed rate buy to let mortgage plans feature interest rates that stay the same regardless of changing Bank of England interest rates but differ from individual to individual depending on personal circumstances. Here HSBC can offer you either a 3 or 5 year standard policy.

• Tracker rate buy to let mortgage plan feature interest rates that move in accordance with the Bank of England base rates.

HSBC list several plus points of this policy, including: You may repay your loan at any time on top of your monthly payments, make unlimited overpayments, make lump sum reductions and that there are no early repayment charges.