Major high-street bank HSBC has announced that it is expanding the availability of its mortgages through four additional brokers.
The new brokers - Sesame Limited, Mortgage Advice Bureau, Stonebridge Group and Mortgage Intelligence - will have access to HSBC’s full selection of residential mortgages. This range includes the recently launched 10 year fixed rate mortgage (at 2.79%), its 5 year fixed rate at 1.99% and the 2 year fixed rate at 0.99%.
This is a further expansion from the one announced in April, when HSBC added Springtide Capital, Alexander Hall and SPF Private Clients.
The companies will be given full online capabilities, as well as being able to submit and track applications. The brokers will also have direct access to HSBC’s underwriting team if they require direct guidance, as the bank attempt to make the mortgage process as smooth and simple as possible.
“When it comes to getting a mortgage, we know customers want access to a great range of deals whether that’s directly through HSBC or through our intermediary partners,” said Tracie Pearce, HSBC’s Head of Mortgages in the UK. “Brokers are an important part of the housing market, providing a valuable service to home-buyers and re-mortgagors alike.”
She added: “Getting a mortgage is often thought of as a stressful process but it doesn’t have to be, particularly when you have a helping hand from independent experts who can advise you on the best deals that suit your personal circumstances. The addition of four new brokers will provide greater choice of deals for customers.”