HSBC cuts mortgage rates by up to 0.20% and lifts lending limits as Gen H trims high-LTV pricing again

HSBC cut selected residential rates by up to 0.20% from 19 August and raised its maximum loan at 75% LTV from £3m to £5m, a day after Gen H trimmed 0.15% across its 90% and 95% bands. Competition for smaller-deposit borrowers is driving both. For buyers with limited equity, that modestly lowers monthly costs; for sellers, it slightly widens the pool of viable offers. This is targeted repricing at the high-LTV end, not a broad fall in borrowing costs.