HSBC cuts mortgage rates on back of UK economy shrinking
The high street lender is the latest to cut rates after ONS figures today showed the economy has contracted. HSBC has become the latest lender to announce further reductions to its mortgage rates. Two and five-year fixed rates are being slashed for people with deposits of 25, 30 and 40 per cent. The bank is yet to confirm exactly how much rates will drop to…
