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The Latest Breaking News from HSBC

Payment card recycling initiative launched for HSBC UK customers

Customers can securely shred expired or unused payment cards in specialist machines at selected branches.

The Independent UK

Mortgage lenders ‘stand ready’ to help borrowers struggling with payments

Lenders urged those who are worried about their payments to get in touch.

The Independent UK

‘This is going to sting’: What would a mortgage crisis mean for homeowners and renters?

Current rates of nearly 6 per cent causing equivalent ‘stress’ to double-digit rates of 1980s, Andy Gregory writes

The Independent UK

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The CEO of Europe’s largest bank on innovation, new tech, and HSBC’s approach to crypto

Noel Quinn believes HSBC is well positioned to navigate new technology in an increasingly complex global landscape.

Fortune

Holiday spending: what to sort out now to keep costs down

Accessing money abroad can rack up a number of unexpected bills, so plan now to save later

The Guardian - UK

OPINION - The Standard View: The mortgage time bomb for the Tories

THE prospect of a young trainee or graduate being able to afford a home of his or her own has been bleak for several years and can only be bleaker now that the cost of mortgages is set to rise. HSBC is to raise mortgage rates for the second time…

Evening Standard

Mortgage mayhem explained: Why are rates rising and what should you do now?

Mortgage rates are rising, spelling more misery for millions of homeowners across the country - but why are deals getting more expensive and what should you do next?

Daily Mirror

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‘This is going to sting’: What will mortgage chaos mean for homeowners and renters?

Current rates of nearly 6 per cent causing equivalent ‘stress’ to double-digit rates of 1980s, Andy Gregory writes

The Independent UK

What is Support for Mortgage Interest and who is eligible?

Experts have warned it might get worse before it gets better

Evening Standard

Mortgage chaos continues as HSBC raises prices for second time in a week

HSBC will raise the price of its mortgages for the second time in less than a week as lenders expect interest rates to rise to 5.75% by the end of the year.

Evening Standard

First Direct offer new customers £200 to switch banks - but you'll have to be quick

First Direct are offering new customers £175 to make the switch, plus an extra £30 Amazon voucher - but it's only available until midnight on Monday (June 19).

Chronicle Live

Mortgage turmoil deepens as Santander pulls loans and interest rates could rise again

Soaring cost of home loans is ‘very important’ issue says HSBC UK boss

The Independent UK

Somerset manufacture, SWP Concrete Solutions, invests in new HQ

The Bridgwater company has secured a £5.3m finance package from HSBC

Birmingham Post

UK mortgage turmoil: Santander pulls new borrower deals as NatWest hikes rates

Move follows decision by HSBC and applies to brokers and online applications as lenders hike fixed rates

The Guardian - UK

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Birmingham Post

HSBC unveils Innovation Banking arm centred on former Silicon Valley Bank UK business

'The UK’s world-leading technology and life sciences sectors are central to growing the UK economy'

The Guardian - UK

Mortgage mayhem: NatWest increases rates as Santander temporarily pulls some deals – as it happened

Bank of England policymaker Jonathan Haskel says interest rates may need to rise higher, as mortgage providers raise rates or withdraw deals

Chronicle Live

Your options if your bank including Lloyds, Halifax, NatWest and HSBC is shutting its doors in the North East

Seventeen North East communities so far are losing their branches in 2023 as more people opt to use online services

Chronicle Live

Martin Lewis' MSE urges bank customers to claim over £200 free cash with simple switch

The MoneySavingExpert team shared deals from First Direct, NatWest, Lloyds and HSBC where customers can get hundreds when they 'ditch and switch'

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news in one place.

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The Guardian - UK

Labour says ‘Tory mortgage penalty’ costs homeowners extra £7,000 a year

Opposition finds fallout of Liz Truss mini-budget has raised average mortgage interest payments by £150 a week in two years

The Independent UK

HSBC UK reopens broker channel for mortgages

Increased lender rates across the market resulted in significant demand for the bank’s products.

Evening Standard

Mortgage rate panic causes home purchases to fall through as HSBC pulls loans

Yesterday afternoon HSBC became the latest top player to pull its loans

Daily Mirror

HSBC pulls mortgage products and Nationwide hikes deals over fears of rate rises

HSBC has removed its "new business" residential and buy-to-let products, while Nationwide increased its fixed rates as well as reducing some rates on trackers

The Guardian - UK

Mortgage turbulence continues as HSBC pulls deals; UK house prices ‘to fall 10%’ – business live

HSBC temporarily removes mortgage products for new customers, as borrowers face higher rates

The Guardian - UK

HSBC temporarily withdraws mortgage deals for new borrowers

Bank removes all its ‘new business’ residential and buy-to-let products after surge in demand

The Independent UK

HSBC pulls mortgage products for new borrowers ahead of rates hike

Nationwide Building Society is hiking some fixed rates from Friday while HSBC UK has temporarily removed some products before relaunching on Monday

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