HSBC Mortgage

New service offers advantageous interest rate

Expats.cz Staff

Written by Expats.cz Staff Published on 09.11.2009 11:54:00 (updated on 09.11.2009) Reading time: 3 minutes

HSBC Mortgage with exclusive bank services
 
The HSBC Premier Mortgage, with an advantageous interest rate starting at 4.5 % p.a., is a new addition to the product portfolio of the Czech branch of HSBC Bank plc. If a mortgage exceeds CZK 3 million, the client gains access to an exclusive package of HSBC Premier bank services entirely free of charge, with no need to meet standard qualifying criteria.
 

4th November 2009 – the Prague branch of HSBC Bank plc is extending its HSBC Premier services package. Starting from November, a Premier client can invest in real estate and make use of a mortgage with an attractive interest rate from 4.5% p.a. for that purpose.

The HSBC Premier Mortgage is suitable for both the purchase of real estate and for the refinancing of a mortgage from a different bank. To qualify for the exclusive HSBC Premier services package, the sum of the client´s savings and investments with HSBC must exceed CZK 1 million.

All those interested in making use of the global HSBC Premier bank service now have a unique opportunity. After arranging a mortgage of over CZK 3 million, they will automatically get a package of HSBC Premier services free of charge, without needing to meet any other qualifying criteria.

“We want to enable our clients to invest their disposable financial resources into real estate or refinance a part of their current mortgage,” says Jiří Zelinka, Head of Personal Financial Services in HSBC Bank plc´s Czech branch. “At the same time they can still make use of the full spectrum of our above-standard bank services,” adds Zelinka.

The HSBC Premier Mortgage
· An attractive mortgage interest rate, starting at 4.50 % p.a.
· A transparent booking fee, no other hidden charges
· The booking fee includes the cost of a mortgage survey and a Land Registry certificate
· Flexible choice regarding the length of the fixed interest rate – 1, 2, 3, 4 or 5 years.
· Mortgages for up to 80% of the value of the property
· 1 month guarantee of the interest rate.
    
 
Detailed information about the HSBC Premier Mortgage, including Terms and Conditions and the documents necessary for getting the mortgage, will be provided by Personal bankers in Premier centres in Prague and Brno, or can be downloaded at www.hsbc.cz.  

About HSBC
In 2008 the renowned Forbes magazine called the British banking group HSBC Holdings the largest company in the world. HSBC is globally represented not only in 86 countries of the world, but also in the Czech Republic. HSBC Bank plc opened its Czech branch in May 1997. It provides a wide array of banking services focused on local and international companies and in addition, under the name HSBC Premier, private banking services for individuals. The London-based HSBC Group is one of the largest banking and financial organizations in the world. With more than 9,500 branches in 86 countries and territories of the world it provides services to 128 million clients and employs 330,000 people.

HSBC Premier is a globally connected banking service. The international HSBC Group started to offer this service in the Czech Republic in March last year. Premier clients enjoy a high standard of global services. They can withdraw from ATMs all over the world free of charge, they get excellent assistance in the case of emergency anywhere in the world, they can count on international recognition and a network of more than 9,500 branches in 86 countries and territories of the world and they can open an account abroad free of charge. What´s more, after depositing one million crowns into your account you automatically qualify as an HSBC Premier client and you can use the above mentioned services (and many more) entirely free of charge.

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