HSBC will become the first 'big six' lender to offer a five-year fixed-rate mortgage at below 4% since March, as it became the latest in the sector to accounce a range of rate cuts.
The banking giant joins Generation H, which was the first lender to breach the 4% threshold in the current wave of price cuts. But as one of the largest players in the market, HSBC's move could signal that other big lenders will soon follow.
