HSBC mortgage rates, calculator and review
HSBC offers fixed and variable rate mortgages. Read customers' views of HSBC here.
How much can I borrow with HSBC?
HSBC can lend up to 95% of the value of your property. However it will also factor in the affordability of the monthly repayments (in terms of your monthly income and outgoings) when deciding what it can offer.
Does HSBC offer shared ownership mortgages?
Yes. These mortgages allow you to buy a percentage of a property and pay rent on the remainder.
Most shared ownership plans offer the option to buy more of the property as and when you can afford it at a later date. HSBC stipulates it will only lend on shared ownership arrangements where you have the option to increase your stake to 100% ownership of the property.
How do I apply?
You can apply for an HSBC mortgage online, by calling 0800 169 6333 or visiting a local branch.
We've teamed up with L&C Mortgages to help you compare live rates from over 80 lenders.
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Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
What ID do I need when I apply?
You’ll need to supply proof of identification, proof of address, proof of deposit and your last monthly payslip and bank statement.
Zero-hours and contract workers will need to provide their P60 and additional payslips, so the lender can get a better idea of the consistency of their income. Self-employed applicants will need to provide their last 2 years’ worth of accounts and, if requested, several months of business bank statements.
Am I eligible for an HSBC mortgage?
Applications are considered on a case-by-case basis, but there are some clear criteria:
- You must be at least 18 years old and no older than 80 when your mortgage term is due to end.
- You won’t be permitted to borrow more than 5 times your annual income.
- According to the HSBC website, customers with adverse credit will only be considered “in exceptional circumstances”.
Contact information
For general queries, existing customers can call 03457 404 404 or use the live chat function at hsbc.co.uk. Non-HSBC customers should call 03456 040 626.
HSBC mortgages customer reviews
In our 2024 customer satisfaction survey, HSBC scored 4.5 out of 5 stars with 88% of its customers saying they’d recommend the brand to a friend.
Customers in our survey commented positively on HSBC’s helpful staff and “reliable service” .
Here is some of the feedback we got from HSBC mortgage customers:
“Good experience- reliable and good communication.”
“Flexible mortgage options.”
“They are always available to help.”
“Very good customer service.”
Frequently asked questions
Representative example
A mortgage of £225,134 payable over 24 years, initially on a fixed rate until 30/09/26 at 4.88% and then on a variable rate of 6.99% for the remaining 22 years would require 26 payments of £1328.29 followed by 262 payments of £1,593.54. The total amount payable would be £453,042 made up of the loan amount plus interest (£226,909) and fees (£999). The overall cost for comparison is 6.8% APRC representative.
A mortgage of £225,134 payable over 24 years, initially on a fixed rate until 30/09/26 at 4.88% and then on a variable rate of 6.99% for the remaining 22 years would require 26 payments of £1328.29 followed by 262 payments of £1,593.54. The total amount payable would be £453,042 made up of the loan amount plus interest (£226,909) and fees (£999). The overall cost for comparison is 6.8% APRC representative.
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
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