HSBC is now offering mortgages through a broker. Run in partnership with Countrywide Mortgage Services, the new service provides residential mortgages for UK properties.
HSBC will retain the responsibility for checking the customers’ affordability and it will underwrite each application. Mortgages up to a maximum of 80% loan-to-value are available through Countrywide.
Antonio Simoes, CEO HSBC UK, said: “We’re offering customers even more choice and convenience when it comes to arranging their mortgage. This is a natural step for us after the launch of our online mortgage service earlier this year and means our award-winning mortgages will be even more widely available to people around the UK.”
Nigel Stockton, Financial Services Director at Countrywide plc, said: “HSBC has an appetite for high quality lending and we are delighted and proud that HSBC has chosen Countrywide to work with them as they look to provide mortgages through intermediaries for the first time in the UK. Our focus is on maintaining excellent standards and speed of service. We are in no doubt that we will prove Countrywide can provide HSBC with more clients for their market leading products and we look forward to working together.”