HSBC launches 1.99% mortgage deal

The mortgage war which has broken out in recent weeks has been stepped up further as a bank launched its lowest ever two-year fixed rate.

Borrowers need a hefty 40% deposit to take out HSBC's 1.99% market-leading deal and will need to stump up a £1,999 fee, or £1,499 for HSBC current account holders.
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