value bank given to HSBC
HSBC has been classed the best value
in the whole United Kingdom, the home loan company brought this
data forward, leaving many mortgage holders in a position to take
advantage from this example.
HSBC was awarded the main stream Bank
for ‘best value’ decided by What Mortgage. It summed
up that homeowners could deposit £25,882 in interest via
a 5-year term on a £99,000 interest only mortgage
Basically looking at this from a different
perception the amount is £964 cheaper than majority mortgage
lenders, it is also £5,719 lower than the lowest
mortgage deal in the market today.
Nearly reaching 6 years, the banking
institution has been awarded by What Mortgage’s best value
of the year.
Rob Chesters, head of mortgages
at HSBC spoke further, "HSBC is committed to offering long-term
value and these awards show that our success is no flash in the
"The real winners are our customers
who continue to enjoy great value throughout the life of their
In relation to market capitalisation,
HSBC is the UK’s biggest banking institution.
It was proven that the Royal
Bank of Scotland, Lloyds TSB, Natwest and Barclays were the UK’s
four big banking corporations, making this figure five with HSBC
Free Mortgage Enquiry