Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


HSBC still offering lowest fixed bank home loan rates in NZ

HSBC still offering lowest 1 and 2 year-fixed bank home loan rates in NZ


All the bank’s residential mortgages rates now under 7% pa after 4 and 5-year fixed rates cuts

HSBC New Zealand continues to offer its HSBC Premier customers the lowest one and two-year fixed residential mortgage rates of any bank in the New Zealand market at present, at 5.59% per annum and *5.79% per annum, respectively.

The bank also announces that it has cut its HSBC Premier five-year fixed home loan rate by 21 bps to 6.99% per annum – joining several other banks in offering the market-leading rate for that tenor – and reduced its four-year fixed home loan rate by 10 bps to 6.89% per annum. This makes HSBC one of the few banks in New Zealand with its home loan rate card all under 7% per annum.

“HSBC has one of the most competitive fixed-term home loan propositions currently offered by any bank in New Zealand, with market-leading rates across several tenors,” said Glen Tonks, Head of Retail Banking and Wealth Management at HSBC New Zealand. “If you are currently considering your mortgage options or buying a residential property, please come and talk to us about becoming an HSBC Premier customer to enjoy our attractive fixed home loan rates and the many other benefits of the HSBC Premier offering,” he added.

HSBC Premier is the bank’s flagship global personal banking proposition within its retail banking offering, and in 2013 HSBC won the 2013 Best Regional Retail Bank in Asia award from The Asian Banker Magazine.

In New Zealand, every HSBC Premier customer has a dedicated and experienced local relationship manager. Additional benefits include no fees at ATMs of any bank in New Zealand, commission-free foreign currency exchange at any HSBC branch worldwide and the ability to transfer money internationally between your own HSBC accounts free of charge in as little as 30 seconds.

An individual can qualify to become an HSBC Premier customer in New Zealand either via a minimum combined home loan of NZD500,000 or NZD100,000 in savings and investments with HSBC.

ends


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Insurers Up For More Payouts: Chch Property Investor Wins Policy Appeal In Supreme Court

Ridgecrest NZ, a property investor, has won an appeal in the Supreme Court over insurance cover provided by IAG New Zealand for a Christchurch building damaged in four successive earthquakes. More>>

ALSO:

Other Cases:

Royal Society: Review Finds Community Water Fluoridation Safe And Effective

A review of the scientific evidence for and against the efficacy and safety of fluoridation of public water supplies has found that the levels of fluoridation used in New Zealand create no health risks and provide protection against tooth decay. More>>

ALSO:

Scoop Business: Croxley Calls Time On NZ Production In Face Of Cheap Imports

Croxley Stationery, whose stationery brands include Olympic, Warwick and Collins, plans to cease manufacturing in New Zealand because it has struggled to compete with lower-cost imports in a market where the printed word is giving way to electronic communications. More>>

ALSO:

Prefu Roundup: Forecasts Revised, Surplus Intact

The National government heads into the election with its Budget surplus target broadly intact, delivering a set of economic and fiscal forecasts marginally revised from May to reflect weaker commodity prices and a lower tax take. More>>

ALSO:

Convention Centre: Major New SkyCity Hotel And Laneway For Auckland

Today SKYCITY Entertainment Group Limited revealed plans to build a new hotel and pedestrian laneway of bars, restaurants and boutique shopping on land it owns in the Nelson and Hobson Streets block, expanding the SKYCITY Entertainment Precinct. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news