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  • Check with your broker, HSBC actually dropped the majority of their rates today, effective from Tuesday next week.

    Also your broker should be able to explain the solicitors fee, it’s very likely that it’s not an additional cost, it’s an estimate.

    If you look at your solicitors quote, they sometimes break it down and put a line like ‘fee for dealing with mortgage lender’ with maybe £200 on there.

    The bank has no visibility of the solicitors quote, so put a generic figure that is not usually paid twice.

  • Yes, you should be able to request a new product even though you’ve got an offer. Change the product and they’ll issue an updated offer.

    The new rates don’t exist until Tuesday, so you’ll have to check then. Looks like they are reducing pretty much all their fixed rates, but can’t say about yours specifically.

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