I would recommend Standard charterd over HSBC. The rate they are offering is bait just to gain your attention. But I just can't understand who comes with such ideas.Standard chart offers a similar rate but HSBC offers this only for a outrageous 60 % deposit . They generally have some short campaign to entice consumers. However, they generally have a higher rate for lower deposit. They are also very restrictive on properties finance.
I would like add , please ask all the questions, processing fees, about early payment penalty ,life insurance cost and last but not least , what will be the rate for the following years and what is it based on.
BM
Last edited by bigmountain; 13th Dec 2012 at 20:13.