HSBC mortgage offer extended
www.moneynews.co.uk > Mortgages > HSBC mortgage offer extended
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Money News |
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HSBC mortgage offer extended
Wed 14th May 2008
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The offer is subject the customer having a maximum loan-to-value of 80 per cent and affordability criteria.
Since the lender introduced its Rate Matcher scheme last month, its mortgage sales have increased almost fourfold, while it has arranged over £100 million worth of new mortgages every day.
HSBC head of mortgages Martijn van der Heijden said that quality has been maintained despite the increase in business, with the average mortgage arranged through it equal to only 56 per cent of the property it was secured against,
"While the mortgage market remains challenging for borrowers, extending the availability of our Rate Matcher mortgage means we can offer many customers an alternative to significantly higher monthly mortgage payments," he added.
Earlier today HSBC Insurance released its annual global The Future of Retirement study, which found that most people would prefer to leave their perspective on life rather than their money as a legacy to their heirs.
Related News : Mortgages |
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Related News : HSBC |
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