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HSBC breaks rate promise

BROKEN PROMISE: HSBC has reneged on a a vow that its satandard variable rate would not go higher than 1% above base rate.

Anyone taking out a mortgage with HSBC since March will have been told their loan will revert to the bank’s variable rate at 1.25% above base when their current deal […]

HSBC Lags Behind Egg in UK

News from London on July 5 shows HSBC lagging behind for the second time this week according to Household - HSBC Watch. Egg has provided the cheapest standard variable rate mortgage for the third year in a row but leading mortgage brokers told Reuters on Friday that borrowers could do better without losing out […]